Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lorn property fact sheet
1. CHRIS PAUL
chris_paul001@hotmail.com
604-721-7896
CONTACTS
MIKE BLADY
mikeblady@gmail.com
604-720-3474
LORN PROPERTY
COPPER-MOLY-SILVER PORPHYRY - SOUTHERN BC
The Lorn property is located 190 km north of Vancouver, BC, 40 km west of Barrick Gold
Corporation’s Poison Mountain and 50 km southeast of Taseko Mines Limited’s Prosperity, both
very large porphyry copper-moly-gold deposits. The Hunter-Dickinson Group (Amarc
Resources Ltd.), partnered with Thompson Creek Metals, are currently drilling the adjoining IKE
property, also owned by the Lorn property owners, John A. Chapman and Gerald G. Carlson.
Copper-moly mineralization is widespread. Cominco Ltd. in 1972 defined a very large horseshoe-
shaped Cu-Mo-in-soil anomaly that closely follows the contact of a granodiorite stock. Recent
sampling in 2015 has confirmed the historic anomalies and extended the length of the anomaly.
The property is drill ready with numerous mineralized zones defined. Since 2011, $242,000 has
been spent generating drill targets on the property including a recent airborne ZTEM survey.
2. CHRIS PAUL
chris_paul001@hotmail.com
604-721-7896
CONTACTS
MIKE BLADY
mikeblady@gmail.com
604-720-3474
LOCATION AND PHYSIOGRAPHY
The property is located in Southern British Columbia, at 51°06’05” N latitude and 123°12’49” W
longitude on NTS map sheet 92O/03. The property lies 190 km north of Vancouver and 30 km ESE of the
south end of Lower Taseko Lake. The majority of the property lies above timberline, which is at
approximately 2000 meters. Loose talus grades with increasing altitude into steep outcrop bluffs.
Elevations range from 1,950 meters to over 2,900 meters. Seasonal exploration surveys can commence
from about late June and normally end by mid October.
ACCESS
Property access is from Pemberton, Williams Lake, Gold Bridge or King Ranch by fixed-wing float plane
aircraft to a camp on Lorna Lake or by helicopter.
CLAIMS
The property is comprised of 9 mineral tenures covering a total area of 3,957 hectares, owned 25% by
John A. Chapman, 25% by Gerald G. Carlson, and 50% by Christopher R. Paul.
3. CHRIS PAUL
chris_paul001@hotmail.com
604-721-7896
CONTACTS
MIKE BLADY
mikeblady@gmail.com
604-720-3474
EXPLORATION HISTORY
• 1963: Phelps Dodge Corporation discovered copper and molybdenum mineralization as part of a
regional mineral exploration program – no records of their work are available.
• 1969: Burlington Mines Ltd. prospected and trenched the main mineral showings.
• 1971 to 1974: Cominco Ltd. outlined a very large, horseshoe-shaped Cu-Mo geochemical anomaly in
soil samples collected from the headwaters of Big Creek. The anomaly closely follows the contact of a
granodiorite stock and surrounding volcanics. Cominco drilled five short core holes from two setups and
intersected mineralization in all 5 holes.
• 1982: Barrier Reef Resources Ltd. identified strong epithermal style alteration on the ridge NW of
Sluice Creek and followed up with soil sampling downslope of the altered outcrops. This work
uncovered anomalous silver and gold values on an 060o trend following the ridge for over 1 km.
• 2011 to 2013 Royal Sapphire Corp conducted $212,000 in mineral exploration including an airborne
ZTEM survey (Geotech Ltd.), mapping and sampling. Several mineralized targets have been located on
the Property.
• 2015: Jet Gold Corp conducted talus-fines sampling and extended Cominco’s historic horseshoe-
shaped Cu-Mo geochemical anomaly westward into Sluice Creek Valley.
4. CHRIS PAUL
chris_paul001@hotmail.com
604-721-7896
CONTACTS
MIKE BLADY
mikeblady@gmail.com
604-720-3474
GEOLOGY
The main lithology throughout the Property is the Upper Cretaceous Powell Creek Formation (Kingsvale
Group) of volcanic and volcaniclastic rocks. Adjacent to the contact with the Lorna Stock, the volcanic
rocks are hornfelsed and contain pyrite, with lesser amounts of pyrrhotite and chalcopyrite. The pyrite
content often exceeds several percent, imparting a bright reddish gossan locally along the contact.
The Dorrie Peak and Lorna Lake Stocks intrude the Powell Creek Fm rocks. The Dorrie Peak diorite,
occurring in the northwest portion of the property, gives an absolute age date of approximately 65 Ma
and is genetically related to the Upper Cretaceous Powell Creek Formation volcanics. The Lorna Lake
stock is dated at 42 Ma and occurs in the east portion of the claim block, centered along Big Creek. The
intrusion varies from fine to coarse grain size and is locally porphyritic along contact zones. In its core,
the intrusion is fresh, while towards the contacts it becomes more highly altered.
The ridge north of Sluice Creek contains ubiquitous pyrite, extensive hydrated iron oxides, and
widespread silicification and argillic alteration in Kingsvale volcanics. A zone of vuggy, drusy,
brecciated (epithermal) quartz with minor barite occurs on this ridge.
Local occurrences of ferricrete, consisting of rounded to subangular boulders of volcanic and intrusive
rocks cemented by iron oxide, occur down slope from occurrences of pyritic volcanic rocks.
5. CHRIS PAUL
chris_paul001@hotmail.com
604-721-7896
CONTACTS
MIKE BLADY
mikeblady@gmail.com
604-720-3474
MINERALIZATION
Cominco Ltd. in 1972 reported mineralization within the Lorna Stock consists of disseminated pyrite,
chalcopyrite and pyrrhotite, with local molybdenite. The adjacent volcanic rocks contain disseminated
and fracture controlled pyrite, pyrrhotite and local chalcopyrite mineralization. Copper mineralization is
widespread. Reconnaissance soil sampling gave anomalous values (200 to 1,300 ppm Cu) along a 4 km
strike length. Chip sampling (not continuous) from three separate areas within the intrusive returned
0.28% Cu over 2,120 ft. (647 m), including 1.17% Cu over 30 ft. (9.2 m) and 1.15% Cu over 200 ft. (61 m);
0.21% Cu over 1,660 ft. (506 m); and 0.40% Cu over 450 ft. (137 m). Allen and Heddle, authors of this 1972
technical report noted that these numbers are not representative, as they were from chip samples from
discontinuous outcrop exposures. However, the authors indicated that they are a good qualitative guide
to the mineralization present and that the zones were open along strike.
Cominco Ltd. in their 1974 drilling report (five short holes from two setups) reported copper and
molybdenum mineralization in all five holes.
Cominco Ltd. (circa 1981) in follow up analyses for gold in soil samples from earlier (circa 1972)
programs determined that many samples exceeded 10ppb gold with some over 100ppb gold. The highly
epithermal altered ridge northwest of Sluice Creek also contains anomalous gold and silver in soils.
6. CHRIS PAUL
chris_paul001@hotmail.com
604-721-7896
CONTACTS
MIKE BLADY
mikeblady@gmail.com
604-720-3474
EXPLORATION UPDATE
With low copper and molybdenum prices for an extended period, the mineral claims over the
discoveries were allowed to lapse and were subsequently acquired by John A. Chapman and KGE
Management Ltd. (Gerald G. Carlson, Principal), the current owners. The property was optioned to
Royal Sapphire in 2011 and an airborne ZTEM and magnetic survey was flown by Geotech Ltd. The
ZTEM survey showed the core of the Lorna stock to have very low conductivities, with the contact and
surrounding hornfels having much higher conductivities. This is in line with observations by Cominco
geologists with regards to the contact zones being the most heavily mineralized. Outboard from this, the
pyrite halo extends for a considerable distance in the hornfelsed aureole. Steep rocky bluffs prevented
soil samples from being collected at higher elevations, with sampling restricted to their talus aprons.
Downslope dispersion of geochemical anomalies therefore plays a significant role at the Lorn.
The same airborne survey also highlighted magnetic low’s along the western contact of the stock which
are coincident with the stronger Cu-Mo geochemistry. Similar mag low’s have been noted on the
adjoining IKE property as important zones of magnetite destructive alteration which are coincident with
the best grades. The high copper anomaly from the 2015 talus fines survey lies within a portion of a large
mag low which is not covered by glacial outwash on the northwestern end of the Lorna stock contact.
7. CHRIS PAUL
chris_paul001@hotmail.com
604-721-7896
CONTACTS
MIKE BLADY
mikeblady@gmail.com
604-720-3474
POTENTIAL
The Lorn property is located on the eastern flank of the Coast Plutonic Complex within a NW-SE trend
of porphyry copper-molybdenum-gold mineralization. To the northwest is Taseko Mines Limited’s
Prosperity deposit reported to be the largest gold-copper deposit in Canada with reserves of 7.7 million
ounces of gold and 3.6 billion pounds of copper and Amarc Resources Ltd.’s recent Newton gold
discovery. Amarc is aggressively exploring a very large tract of land near the Lorn property in what it
calls the “Plateau Gold-Copper Belt”. To the east is Barrick Gold Corporation’s Poison Mountain
deposit with an estimated resource of 800 million tonnes grading 0.23% Cu, 0.12 g/t Au and 0.007% Mo.
The Hunter Dickinson Group (Amarc Resources Ltd.) and Thompson Creek Metals are currently drilling
the adjoining IKE property also owned by KGE/Chapman. They have recently reported a major
porphyry copper-molybdenum-silver discovery at Ike. The Lorn copper-moly-gold occurrences have the
potential for discovery of a large porphyry system similar to the Prosperity, IKE and Poison Mountain
deposits.
RECOMMENDATIONS
The owners recommend the next phase of exploration should be diamond drilling of the targets outlined
by recent work programs.
OUTLOOK
The Lorn porphyry copper-molybdenum-gold property has a current NI 43-101 technical report and is a
TSX-v qualified property available for option, joint venture or purchase.