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^†

Dixie Lake property - geology and geochemistry
Company	Year(s)	Description	Property/Area
Belgold Mines	1945	Prospecting	Dixie Lake property
Caravelle	1969-1972	Mapping	Dixie Lake property
Teck	1989	Mapping	Dixie Lake property
Canadian Golden Dragon	1996	Humus geochemistry	Selected areas around IP anomalies, Dixie Lake property
Alberta Star/Fronteer	2004	Mobile Metal Ion survey	Dixie Lake property, focus on 88-04 zone
Dixie Lake property - trenching
Company	Year(s)	Description	Property/Area
Belgold	1945	Trenching	A, B, C, D, zones, Dixie Lake property
Mutual Resources	1988	3 trenches, rock sampling	North, Main, and South showings, Dixie Lake property
Canadian Golden Dragon	1997	Stripping south trench area	Dixie Lake property
Dixie Lake property - geophysics
Company	Year(s)	Description	Property/Area
Caravelle Mines	1969	Airborne mag, EM - 1/8 mile line spacing	Dorothy Prospect - covers much of current Dixie Lake property
Golden Terrace	1985	Airborne Mag, EM	Dixie Lake property
Mutual Resources	1988	Ground Mag, VLF-EM, Max-Min-31 - 33 line km	Central region of Dixie Lake property
Teck	1989	217.5 line-km, 25 metre stations on 100 metre spaced lines	Portions of Main and South Grids, Dixie Lake property
Teck	1990	IP - 1.7 line km, airborne Mag, EM - 244 line km at 200 m line spacing	Extensive airborne survey, covers the Dixie Lake property. Three IP test lines on the property
Golden Dragon	1996-1997	IP - 153.6 line Km at 100 to 200 metre line spacing	Large portion of current Dixie Lake property
Alberta Star/Fronteer	2004	Ground Mag	88-04 zone

^†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.