Eden Gold Project

ThEEDEn projECT: Gold and ni-Cu-Co-pGE

PROPERTY PROFiLE

The discovery of gold at the Eden Project, located 45 kilometres northeast of the former Ruttan mine, has paved the way for a new round mineral exploration in northern Manitoba. The project is easily accessed, as it straddles Provincial Road 394 about 65 kilometres northeast of Leaf Rapids. It is in an area that apparently has been overlooked by the exploration community, but already the property hosts both gold and Ni-Cu-Co-PGE mineralization.

The project lies along the Eden Deformation Corridor, about 115 kilometres east-southeast of Lynn Lake. The geology is dominated by metasedimentary rocks that appear to be the root zones of a former magmatic arc volcanic belt. Both primary lode gold and magmatic Ni-Cu-PGE deposits form in this type of geological environment, and that is exactly what the Eden project team are discovering. They have been slowly and methodically exploring the property for six years, and to date have completed five small-scale drill programs, five biogeochemical surveys, ground magnetometer surveys and prospecting. The property is also covered by a large VTEM survey that clearly delineates the largescale potential of the mineralized structures. Creative application of some basic geophysics and geochemistry are proving to be a successful strategy for drill targeting, with all holes drilled to date into the Gold-bearing structural zone intersecting anomalous mineralization.

The project area is underlain by a suite of metasedimentary rocks that are comprised mainly of biotite ± sericite schists, quartzite and metawacke with some local calc-silicate bearing horizons. Most important, the property also hosts several sulphide-rich formations that have at least three different origins, including regional formational sulphide-rich beds that to date are barren, magmatic sulphides hosting Ni-Cu-Co-PGE mineralization, and the more recent discovery of gold-bearing sulphide lenses, stringers and disseminations hosted in large belt-parallel structures. The metasedimentary sequence is also cut by ultramafic and mafic dikes and sills, with varying degrees of metamorphism, alteration, and mineralization. The youngest rocks are granitoid dikes ranging in thickness from less than one to about 10 metres. To the north, the sequence of deformed metasedimentary rocks continues for approximately six kilometres, being cut intermittently by several large diorite bodies. The southern project area is bounded by a large diorite pluton, with granitoids further to the south.

High-grade Ni-Cu-Co-PGE mineralization is exposed in a surface road cut in the northern part of the project area. The nickel sulphides occur at the contact between host metasedimentary rocks and an ultramafic dike or sill that is altered and metamorphosed to biotite schist. The ore is typical of displaced magmatic sulphides showing strong penetrative deformation. The challenge associated with this showing is to find the source of the displaced sulphides, which to date remains unsolved.

While the project area hosts high-grade Ni-Cu-Co-PGE mineralization, the focus of current exploration are gold-sulphidebearing structures, inadvertently discovered while looking for the nickel source. There are no outcrops of the gold-bearing horizon, so what is known is derived from limited drilling carried out to date. Gold is hosted in pyrrhotite-pyrite-chalcopyrite enrich silicified, altered, and sheared metasediments. The mineralization occurs in parallel shear zones following an east-southeast trend. Due to the presence of local abundant sulphides, the gold-bearing structural zone is well delineated by geophysics for a minimum of 11 kilometres, with multiple parallel and splay structures indicated by both VTEM and magnetic surveys. Biogeochemistry is used effectively to screen the multiple geophysical anomalies that occur across the property and select those that are associated with anomalous metals for drill testing. Ground magnetic surveys and modelling of the results are routinely used to provide detailed targeting information to guide the drilling. The project has been drilled by the project team with their own equipment, using a modified Multi-Power Pioneer drill, short holes (maximum depth to date of 111 metres), and BQTK core size.

Some of the project highlights include:

1) Gold-bearing structures delineated by geophysics and geochemistry for a minimum 11 kilometres strike length, almost all of which has yet to be drill tested.

2) Several multi-metal, multi-sample biogeochemical anomalies coincident with geophysics anomalies, with only a small fraction of the property covered by geochemical sampling to date.

3) All drill holes in or near the gold-bearing structures showing anomalous to significant gold mineralization, along with minor copper, silver, and lead. The structure has been tested to a maximum vertical depth of only 75 metres, with drill holes restricted to a 300-metre strike length in the central zone, and one section on a splay fault two kilometres west of the central zone.

4) High-grade magmatic Ni-Cu-Co-PGE mineralization occurs in the property, with potential to discover more in any one of the myriad untested geophysical anomalies, or within the increasing number of mafic and ultramafic bodies being discovered within the project area.

5) High-grade Ni showing assays include up 2.68 per cent Ni, 0.09 per cent Cu, 0.08 per cent Cu, 2.90 g/t PGE over 0.37 metres,

Drilling at the Eden Gold project in 2020.

Eden Gold drill core showing biotite schist and quartzite host rocks with sulphide-‐quartz 1.11 per cent Ni, 0.17 per cent Cu, 0.04 per cent Co, 1.55 g/t PGE breccia and sheared, mineralized schist kilometres of known geophysical and geochemical targets yet to over 1.40 metres, and up to 3.61 per cent Ni, 0.11 per cent Cu, be screened and tested. Mineralization is wide-open at depth and 0.11 per cent Co, 1.59 g/t PGE in grab samples. along strike. The Eden team is very encouraged by the results to

6) Anomalous results from the gold-bearing structure include 3.79 g/t Au, 8.4 g/t Ag, .11 g/t Pd, 0.19 per cent Cu over 0.85 metres, 2.31 g/t Au, 6.0 g/t Ag, 65 ppb Pd and 0.13 per cent Cu over 1.55 metres, and 0.9 g/t Au, 4.6 g/t Ag, 0.11 per cent Cu over 2.19 metres.

date and feels this project is a hidden gem with great potential in the mineral rich Trans-Hudson Orogen of Manitoba. The project team is seeking the best vehicle to fully explore and advance this project and is open to inquiries and suggestions.

Inquiries can be addressed to: The Eden project is in early stages of exploration, with high R. Mumin potential to make economic discoveries. Drill testing for gold has 426 13th Street, Brandon, Manitoba barely scratched the surface in two locations, with more than 10 Near massive sulphide from the Nickel showing grading 2.88 (204) 724-7674 | rmumin@gmail.com 6per cent Ni, 0.18 per cent Cu, 0.09 per cent Co, 1.47 g/t PGE Eden Gold drill core showing Au-‐Cu-‐Ag-‐Pb mineralized quartz-‐sulphide brecciaEden Gold drill core showing Au-‐Cu-‐Ag-‐Pb mineralized quartz-‐sulphide breccia

Above: Near massive sulphide from the Nickel showing grading 2.88 per cent Ni, 0.18 per cent Cu, 0.09 per cent Co, 1.47 g/t PGE.

Right: Eden Gold drill core showing Au-Cu-Ag-Pb mineralized quartz-sulphide breccia.