volcanogenic massive sulphide gold-silver-copper-lead-zinc mineralized system is the target model for Vass Lake

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volcanogenic massive sulphide gold-silver-copper-lead-zinc mineralized system is the target model for Vass Lake 〰️

A volcanogenic massive sulphide gold-silver-copper-lead-zinc mineralized system is the target model for Vass Lake, as the region portrays an ideal setting for epithermal mineralization and Eskay Creek style subaqueous hot-spring mineralization. Elevated boron, a known pathfinder element in VMS deposits, has been found in the range of 0.5% in historic drill core. The deep conductive plate (as yet untested by drilling) outlined by Hudson Bay Exploration and Development could be an intrusive complex driving the mineralized system above and could contain a porphyry copper-gold deposit at depth. Strong chlorite alteration found in core is also similar to that occurring in feeder zones and veins at Eskay Creek. The TYR Cu-Zn Zone (99,500 tonnes grading 0.651 g/t Au, 9.60 g/t Ag, 3.36% Cu, 1.40% Zn), that occurs 4km to the southwest of the Vass Lake Showing could be a similar zone that was fed off the same mineralizing system. BHP-Utah Mines concluded ‘the surface exposure of alteration minerals and sub-economic sulphides at the Vass Showing strongly alludes to the potential for VMS deposition. Because past and present drilling has generally been limited to shallower than 200m, it is important to drill at greater depths. The potential for a VMS deposit exists and the 1992 drilling program does not truly test this possibility.’ In summary, compilations of the historic work in and around the Vass Lake property indicate that there are favourable areas that remain untested by drilling, and that drill targets could be proposed with a minimum amount of ground work required.

21.5 ms TAU from dB\dt

230 ms TAU from dB\dt

Conductor plot from 2013 DPEM survey conducted by Discovery Int’l Geophysics, commissioned by HudBay Minerals Inc.

Historical Drilling to date has not tested the conductor interpreted from 2013 DPEM geophysics

The Vass Lake (VASS) property is 100% wholly owned by Ripple Exploration Ltd. and consists of 20 claims totalling 9,107 hectares. Dimensions of the property are approximately 16 km east west and 10 km north-south. The property lies 25 kilometers northwest of the town of Flin Flon, Manitoba, the location of the past producing Flin Flon Mine. The area is also 23 kilometers northwest of the Triple 7 Mine which was a recently producing mine of the same deposit class as the Flin Flon mine. From 1930 to 1986, the Flin Flon complex recovered 2.31 million tonnes of copper, 3.04 million tonnes of zinc, 171,000 kilograms of gold and 2.54 million kilograms of silver, plus substantial amounts of lead, cadmium and selenium. Saskatchewan provincial highway 106 (Hanson Lake Road) runs east-west across the south boundary of the property. A public boat launch on Tyrrell Lake provides water access to the south section of the Vass Lake claims, and portages can be used to access the more northern portions of the Vass Lake claim block. Winter access is possible by skidoo over old drill roads. The town of Flin Flon is a full-service community with a regional airport, accommodation, fuel and supplies. The topography of the Vass Property area is typical of the Precambrian shield with low rolling hills and ridges which rarely exceed 60m. Ridges and low-lying valleys are generally sub-parallel to parallel to the regional foliation. The ridges are characterized by moderately to gently inclined surfaces which parallel the dip of bedding foliation and scarp faces.