The Ti-pa-haa-kaa-ning (TPK)
gold property is 100% owned by
Northern Superior. Thus far,
exploration has defined:
a) One of the largest gold grain-in-till
dispersal aprons in North America,
emanating from a potential fertile
strike length of over 6 kilometres.
Similar gold grain responses in other
gold districts have consistently proven
to represent an amalgamated response
from a cluster of gold zones indicating a
large gold system or district rather than
a single gold zone (see press release,
June 21, 2010).
b) Discovery of gold-bearing boulders that
assay up to 92 g/t gold;
c) Intersection of 25.9 g/t gold over
13.5 m, reported from an early-stage
diamond drill exploration program in
late 2010; and
d) 8 diamond drill targets from two
reverse circulation drill programs,
these targets are associated with
the strong, regionally extensive gold
grain-in-till dispersal apron.
The property is located approximately 470 km northeast of Thunder Bay and 190 kilometres northeast of Pickle Lake, Ontario. The property is located in the Traditional Area of the First Nations Community of Neskantaga, which is situated about 30 km southwest of the Property on the southwest corner of Attawapiskat Lake. The property currently consists of 85 claims covering an area of 18,189 hectares.
2011
Exploration Highlights
Despite several disruptions to the exploration program in 2011, Rainy River (operator) completed the following exploration:
a) Completed (Rainy River – April 13, 2011) a second phase, 2,900 m diamond drill program;
b) Completed camp upgrades, fall 2011;
c) Completed a second phase reverse circulation drill program, defining a total of eight priority diamond drill targets based on distribution and concentration of gold grains on the bedrock surface, and better defined a bedrock geology map from bedrock chips (see press release, December 8, 2011); and
d) Initiated 7,500 m diamond drill program, January 16, 2012 (see press release, January 17, 2012).
Large, tabular gold-bearing boulders such as the one illustrated here are important in not only hosting gold, but by providing invaluable information regarding the associated rock type and mineralogy. A number of such boulders have been discovered in association with the gold grain-in-till dispersal apron, assaying as high as 92 g/t gold.
In June 2010, Northern Superior signed an option agreement with Rainy River Resources Limited (Rainy River) (see press release, June 24, 2010) where Rainy River can earn a 51% interest in the eastern half of the TPK property by spending $11 million over three years. The project is currently being operated under an Early Exploration Benefits Agreement with Neskantaga First Nation.
Community meetings are important to communicate and interact with First Nations. Taking time to explain exploration programs, employment opportunities and infrastructure development, listening carefully and understanding individual’s concerns and needs go a long way to harboring a positive relationship between the Company and Community.
Diamond drilling intersected visible gold (circled). This core ran 25.9 g/t gold over 13.5 m. Rainy River is currently completing a 7,500 m diamond drill program, winter–spring 2012.
2012 OUTLOOK
Rainy River is currently executing the following programs:
a) Completion of a 20–25 hole, 7,500 m diamond drill program, 2nd Quarter 2012; and
b) Plan for additional exploration programs, based on results of the 2012 diamond drill program.