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Company presentation for the Aquilon Gold Project - Golden Tag ...

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<strong>Gold</strong>en <strong>Tag</strong> Resources Ltd.<br />

<strong>Project</strong>s<br />

1/ San Diego, Durango State, Mexico – Option to earn 50% - Ag, Au<br />

2/ <strong>Aquilon</strong>, James Bay, Quebec – Option to earn 60% - Au<br />

3/ McCuaig, Red Lake, Ontario – 40% - Au


Locations - Canada<br />

McCuaig<br />

Red Lake,<br />

Ontario<br />

<strong>Aquilon</strong> <strong>Project</strong><br />

James Bay,<br />

Quebec<br />

Toronto


<strong>Aquilon</strong> <strong>Gold</strong> <strong>Project</strong><br />

• Historic spectacular gold in quartz veins<br />

• Located in <strong>the</strong> James Bay area of Nor<strong>the</strong>rn Quebec<br />

• Access road cuts through centre of property<br />

• Within kilometers of one of <strong>the</strong> world’s largest<br />

hydroelectric complexes<br />

• Quebec is a pro-mining<br />

- attractive exploration ‘cash<br />

rebates’ up to 47% of expenditures


<strong>Aquilon</strong>- Location<br />

<strong>Aquilon</strong>


Lac<br />

Uyichemin<br />

Lac<br />

Keskipoochikun<br />

Lac<br />

d'Aiguillon<br />

Lac<br />

Chinuwuche<br />

Lac<br />

Meuniers<br />

Lac<br />

Dominique<br />

Lac<br />

<strong>Aquilon</strong>- Claim In<strong>for</strong>mation<br />

LAFORGE-1<br />

Greenstone Belt<br />

Lac Opiganish<br />

Lac<br />

Mistowaw<br />

Lac Askun<br />

de l'Hiver<br />

Lac Uchunis<br />

33-I/01<br />

33-H/16<br />

Legend<br />

Option to earn 60%<br />

0<br />

4<br />

kilometres<br />

8<br />

60% GOG/40% Sirios<br />

GA


<strong>Aquilon</strong>- History & Previous Work<br />

• Discoveries<br />

• Sirios 1997: several gold occurrences within quartz<br />

vein zones and disseminated pyrite halos in felsic<br />

metavolcanics<br />

• SOQUEM 1999 - 2002: option to earn 50%, discovery<br />

of several very rich gold occurrences (50 - 300 g/t Au)<br />

in de<strong>for</strong>med quartz veins<br />

• <strong>Gold</strong>en <strong>Tag</strong> 2003: Option to earn<br />

60%, discovery of Red Toad<br />

showing


<strong>Aquilon</strong>- History & Previous Work<br />

• High-grade vein gold discoveries:<br />

• Moman: 287.4 g/t Au / 2.3 m (channel)<br />

• Fleur de Lys: 110.2 g/t Au/ 3.49 m & 15.2 g/t Au/ 3.78 m (channel)<br />

• Lingo South: 86.1 g/t Au/ 0.95 m & 23.86 g/t Au/ 0.42 m (channel)<br />

• Lingo West: 35.99 g/t Au / 2.0 m & 77.81 g/t Au/ 1.0 m (channel)<br />

• Nouska: 53.8 g/t Au/ 0.75 m (channel)<br />

• Z-1: 17.1 g/t Au/ 1.1 m (channel)<br />

• Drilling Programs<br />

• Total of 5,800 m completed<br />

• Ten of thirteen holes on Lingo-West<br />

returned <strong>the</strong> following results:<br />

• 35.99 g/t Au /2.0 m; 77.81 g/t Au /1.0 m<br />

• 13.15 g/t Au /2.0 m; 3.85 g/t Au /4.6 m<br />

• 6.89 g/t Au /1.5 m; 4.23 g/t Au /1.5 m<br />

• 3.5 g/t Au /1.0 m; 3.9 g/t Au /0.75 m<br />

• 2.36 g/t Au /3.25 m; 1.54 g/t Au /1 m


<strong>Aquilon</strong>- Geology<br />

Original 1997<br />

Quart Vein-Au<br />

discoveries<br />

SECTEUR SORTILÈGE DORÉS<br />

SECTEUR FLEUR DE LYS<br />

SECTEUR LINGO<br />

SECTEUR MULLION<br />

VQZ_ORE SHOOT<br />

SECTEUR CHICOUTAI<br />

Lac<br />

Mistowaw<br />

d'Aiguillon<br />

• Au in polyphase<br />

de<strong>for</strong>med Quartz Veins<br />

• Dextral Fox Lake<br />

Fault – decouples<br />

folding style<br />

Lac<br />

Keskipoochikun<br />

5 Km<br />

• Target untested BIF<br />

with intense polyphase<br />

de<strong>for</strong>mation<br />

BIF Extension


15<br />

14<br />

13<br />

16<br />

12<br />

17<br />

11<br />

1<br />

9<br />

2<br />

8<br />

10<br />

SecteurTonalite Est<br />

HautMa g g g<br />

HautMa g g g<br />

HautMa g g g<br />

SecteurHa utma g<br />

18<br />

7<br />

3<br />

4<br />

6<br />

5<br />

<strong>Aquilon</strong>- Mag High Target<br />

<strong>Aquilon</strong> Quart<br />

Vein-Au<br />

discoveries<br />

• Magnetic High Area<br />

• Unexplained magnetic<br />

anomaly<br />

• Banded Iron <strong>for</strong>mation (BIF)<br />

• Intersecting lineaments<br />

• <strong>Gold</strong> anomalies<br />

BIF Target Area<br />

• Little explored area on<br />

property with polyphase<br />

de<strong>for</strong>mation


Analogy: Musslewhite, , Ontario<br />

Original 1962<br />

Quart Vein-Au<br />

discovery<br />

Musselwhite Mine:<br />

Au in BIF 1984 Discovery<br />

Musselwhite Mine in NW Ontario:<br />

Production: 1.28 million ounces <strong>Gold</strong> (2002)<br />

Reserves: 11.9 MT @ 5.44 gAu/T (2003)<br />

Resources: 5.7 MT @ 6.31 gAu/T (2003)<br />

4000 TPD operation at cash cost of US$250/oz.Au<br />

Mineralization:<br />

Polyphase de<strong>for</strong>mation of Banded Iron Formations (BIF)<br />

Veining and sulphide replacement of BIF<br />

Multiple zones in defined structural settings<br />

An analogous setting to <strong>Aquilon</strong> in NW Quebec?

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