Dixie Lake

Past Exploration

In the spring of 2006, Grandview gold drilled 5 boreholes totalling 1032.7 metres. In 2005 Grandview gold also drilled 16 diamond drill holes totalling 2,765 metres.

The 88-04 zone was discovered by Mutual Resources Ltd. in 1988 while testing the geophysical anomalies. The zone was identified by a strong Max-Min (HLEM) conductor, characterized by a northwest trending linear magnetic anomaly. A VLF-EM conductor, strong chargeability, and elevated resistivity in Time Domain IP surveys also characterize the zone. A joint venture between Alberta Star and Fronteer further identified the 88-04 zone, which comprises a northwest-plunging shoot of enhanced Au. Mineralization was encountered in the 88-04 zone in the form of visible gold and grades exceeding 1 oz-m/t.

Grandview acquired the Dixie Lake property from Fronteer Development Group Inc. Prior to Fronteer, the Dixie Lake property was owned by Perry English, a prospector. No environmental liabilities are known to exist on the property.

Dixie Lake property - previous exploration activity prior to Grandview Gold Inc. involvement^†

^†Modified from Lee (2006)

Other activity performed on the property comprises geological mapping, airborne- and ground based geophysical surveys, and geochemical surveys (Table 3). Outcrops are scare on the property, thus, most drilling targets have been obtained by geophysical methods that include: airborne magnetic and electromagnetic surveys, ground magnetic, VLF-EM, horizontal loop/Max-Min EM and IP. The conducting rocks mainly comprise iron formation, graphitic argillites, and sulphide-bearing (pyrite and/or pyrrhotite) argillites, and mafic volcanics.