Exhibit 99.1
Review and Recommendations
Key 1-4 Mineral Claims
SW Goldfield Hills Area
Esmeralda County
Nevada, USA
Prepared by: James W. McLeod, P. Geo.
For: Ameriwest Minerals Corp.
Dated: June 30, 2007
TABLE OF CONTENTS
Page
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Contents 2
Illustrations 3
0.0 Summary 4
1.0 Introduction and Terms of Reference 5
1.1 Glossary 5
2.0 Disclaimer 7
3.0 Property Description and Location 7
4.0 Accessibility, Climate, Local Resources,
Infrastructure and Physiography 8
5.0 History 9
6.0 Geological Setting
6.1 Regional Geology 10
6.2 Local Geology 10
6.3 Property Geology 10
6.4 Deposit Type 11
6.5 Mineralization 11
7.0 Exploration
7.1 Geophysics of the Key 1-4 Mineral Claims 11
7.2 Geochemistry of the Key 1-4 Mineral Claims 12
8.0 Drilling 12
9.0 Sampling Method and Approach 12
9.1 Results 12
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Page
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10.0 Sample Preparation, Analyses and Security 12
11.0 Data Verification 13
12.0 Adjacent Properties 13
13.0 Mineral Processing and Metallurgical Testing 13
14.0 Mineral Resource and Mineral Reserve Estimates 14
15.0 Other Relevant Data and Information 14
16.0 Interpretation and Conclusions 14
17.0 Recommendations 14
17.1 Recommended Drilling 15
18.0 References 15
19.0 Author's Qualifications and Certification 16
Illustrations
Location
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Figure 1. Location Map, As Shown after page 4
Figure 2. Claim Area Map, 1:24,000 after page 7
Figure 3a. Regional Geology Map, 1:250,000 after page 9
Figure 3b. Legend For Figure 3a. after Fig. 3a.
Figure 4. Aeromagnetic Map, 1:250,000 after page 11
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0.0 Summary
The Key property consists of four contiguous, located, lode mineral claims, Key
1-4 comprising a total of 82.64 acres. Ameriwest Minerals Corp., a Nevada,
U.S.A. corporation is the beneficial owner of the mineral claims.
The mineral claim area is underlain by desert wash, colluvium, alluvial and
playa deposits of Quaternary age.
The bedrock units that occur on the north and west sides of the mineral claims
are Lower Cambrian age siltstones and Middle Tertiary age shale, siltstone,
sandstone and tuff.
The underlying rock units on the mineral claims exhibit an east trending bulge,
of low to moderate magnetic strength that could indicate a response to a
younger, underlying intrusive body. Most or all of the mineral claims are drift
or overburden covered and offer exploration potential. The author feels that the
potential exists for movement of mineralizing fluids to have impregnated the
older rock units. These fluids could emanate from deeper sources related to
intrusive activity and travel along structurally prepared conduits in the
underlying bedrock.
The mineral claim is favorably situated and may require geophysical surveys to
determine in more detail its potential following the initial prospecting,
mapping and reconnaissance soil geochemistry program. An exploratory drilling
program could follow the Phase 1 - 3 surveys and be contingent upon positive
results being obtained from the previous fieldwork.
The object of our initial exploration undertaking is to assess areas that may
require more detailed investigations to assist in determining their economic
significance.
1.0 Introduction, Terms of Reference
The report on the "Key 1-4 Mineral Claims, SW Goldfield Hills Area, Esmeralda
County, Nevada, USA", includes the property and surrounding geology, history,
past exploration and mineral potential. This report is being prepared at the
request of the Board of Directors of Ameriwest Minerals Corp. The author of this
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Figure 1. Location Map, As Shown
report is a Qualified Person. He is a registered Professional Geoscientist,
#18,712 and a member in good standing with The Association of Professional
Engineers and Geoscientists of British Columbia. The author has worked in the
general area many times during the past 36 years.
For a glossary of common geological terms used in this report it is suggested by
the author in using a computer online search engine such as "Google". Search for
"Dictionary of Earth Science Terms", then look-up the appropriate definitions.
For more specific geographic names and geological terms refer to the enclosed
definitions list in the Glossary of this report.
1.1 Glossary
(Specific to a Report on the Key 1-4 Mineral Claims, by James W. McLeod, P.
Geo. (BC), Consulting Geologist dated June 30, 2007 on behalf of Ameriwest
Minerals Corp.)
Aeromagnetic survey - a magnetic survey conducted from the air normally
using a helicopter or fixed-wing aircraft to carry the detection instrument
and the recorder.
Alluvial - unconsolidated sediments that are carried and hence deposited by
a stream or river. In the southwest USA most in filled valleys often
between mountain ranges were deposited with alluvium.
Andesitic to basaltic composition - a range of rock descriptions using the
chemical make-up or mineral norms of the same.
Aphanitic - fine grained crystalline texture.
Blind-basin - a basin practically closed off by enveloping rock exposures
making the central portion of unconsolidated alluvial basin isolated.
Colluvium - loose, unconsolidated material usually derived by gravitational
means, such as falling from a cliff or scarp-face and often due to a sort
of benign erosion such as heating and cooling in a desert environment.
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Desert wash - out-wash in dry (desert) or arid areas of colluvium or
alluvial material accumulated on the sides of valleys or basin channels by
often irregular and violent water flow, i.e. flash floods.
Elongate basin - a longer than wide depression that could be favorable to
in-filling by material from adjacent eroding mountains.
Formation - the fundamental unit of similar rock assemblages used in
stratigraphy.
Intermontane belt - between mountains (ranges), a usually longer than wide
depression occurring between enclosing mountain ranges that supply the
erosional material to infill the basin.
Lode mineral claim (Nevada) - with a maximum area contained within 1500'
long by 600' wide = 20.66 acres.
Nuees Ardante or Ladu - an extremely hot, gaseous, somewhat horizontally
ejected lava, often from near the summit that accentuates the downward flow
or "glowing avalanche" because of its mobility.
Overburden or Drift Cover - any loose material which overlies bedrock.
Plagioclase feldspar - a specific range of chemical composition of common
or abundant rock forming silicate minerals.
Playa - the lowest part of an intermontane basin which is frequently
flooded by run-off from the adjacent highlands or by local rainfall.
Plutonic, igneous or intrusive rock - usually a medium to coarser grain
sized crystalline rock that generally is derived from a sub-surface magma
and then consolidated, such as in dykes, plugs, stocks or batholiths, from
smallest to largest.
Porphyritic in augite pyroxene - Large porphyroblasts or crystals of a
specific rock-forming mineral, i.e. augite occurring within a matrix of
finer grained rock-forming minerals. Quarternary - the youngest period of
the Cenozoic era.
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Snow equivalent - Approximately 1" of precipitation (rain) = 1' snow.
Syenite - Coarse grained, alkalic, low in quartz intrusive rock.
Trachyte - fine grained or glassy equivalent of a syenite.
Volcaniclastic - Angular to rounded particles of a wide range of size
within (a welded) finer grain-sized matrix of volcanic origin.
2.0 Disclaimer
The author reviewed the historical data and has personally visited the property
area. This report is entirely the responsibility of the author who based his
recommendations and conclusions on his personal experience in the general area
and mineral exploration business and upon sources of information that are
identified.
3.0 Property Description and Location
The Key mineral claims consist of 4 located mineral claims in one contiguous, 2
x 2 group (see Figure 2) that are listed as follows:
Name Area Good to Date
---- ---- ------------
Key 1 20.66 ac. Sept. 1, 2007
Key 2 20.66 ac. Sept. 1, 2007
Key 3 20.66 ac. Sept. 1, 2007
Key 4 20.66 ac. Sept. 1, 2007
The beneficial owner of the above listed mineral claims is Ameriwest Minerals
Corp. 5135 Camino A1 Norte, Suite 250, North Las Vegas, NV 89031. Corporate
Contact is Stephen Gerald Diakow, Officer and Director.
The Key 1-4 mineral claims (see Figure 2) comprise a total of 82.64 acres. The
mineral claim area may be located on the Esmeralda County 1:250,000 map sheet.
At the center of the claim group, (4 post) the latitude is 37(degree) 30.553' N
and the longitude is 117(degree) 12.014' W.
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Figure 2. Claim Area Map, 1:24,000
The claims are motor vehicle accessible from the Town of Goldfield, Nevada by
traveling 15 miles south along US Highway 95 to the NV Highway 266 (Cottontail)
cut-off. Turn right and head west for 0.2 miles on Hwy 266 to a good dirt road
between line poles 3 and 4 and head northwest for 1 mile to road junction.
Center post is 15 feet right of road junction.
4.0 Accessibility, Climate, Local Resources,
Infrastructure and Physiography
The Key property lies in the west central part of the State of Nevada southwest
of the Town of Goldfield. The mineral claims are motor vehicle accessible from
US Highway 95 by traveling south of the Town of Goldfield, NV for 15 miles to
the Nevada Highway 266 and then traveling northwest for 1.2 miles to the
property.
The area experiences about 4" - 8" of precipitation annually of which about 20%
(in a cold year) may occur as a snow equivalent. This amount of precipitation
suggests a climatic classification of arid to semi-arid. The summers can
experience hot weather, middle 60's to 70's F(degree) average with high spells
of 100+F(degree) while the winters are generally more severe than the dry belt
to the west and can last from December through February. Temperatures
experienced during mid-winter average, for the month of January, from the high
20's F(degree) to the low 40's F(degree) with low spells down to minus 20
F(degree).
The Town of Goldfield offers some of the necessary infrastructure required to
base and carry-out an exploration program, (limited accommodations,
communications, some equipment and supplies). The towns of Tonopah and Beatty to
the north and south, respectively on US Hwy 95 and the NV Hwy 266 junction,
offer a larger choice of the essentials required to carry-out exploration work
in the mineral claim area. Larger or specialized equipment can be acquired in
the City of Las Vegas lying 180 miles by paved road (Highway 95) to the south.
The physiography of the Key property is gently southeast sloping valley terrain
bounded on the east and west at some distance by low, rounded mountainous ranges
or hills. Much of this area with many broad open valleys hosts sagebrush,
juniper and pinon, Joshua trees and cacti, such as the prickly pear growing as
far north as Goldfield, NV.
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The claim area ranges in elevation from 4,750' - 4,850' mean sea level. The
physiographic setting of the property can be described as open desert in the
valleys within a mosaic of rounded mountains in an interior plateau setting. The
area has been surficially altered both by some fluvial and more wind erosion and
some depositional (drift cover) effects of in-filling and in situ or residual
erosion. Thickness of drift cover in some valleys may vary considerably, but in
the proximity of the Key property it is not thought to be very deep. Surface
water occurrences are rare, springs are sparse and subsurface aquifers are
accessed when needed by drilling wells where allowed.
5.0 History
The recorded mining history of the general area dates from the 1860's when
prospectors passed through heading north and west. The many significant lode
gold, silver and other mineral product deposits developed in the area was that
of the Goldfield Camp, 1905; Coaldale, coal field, 1913; Divide Silver Mining
District, 1921 and the Candalaria silver-gold mine which operated as an
underground lode gold deposit in 1922 and again in the 1990's as an open cut,
cyanide heap leach operation.
The mineral claims lie within a local area seen to contain gold and silver
prospects. Although the author is unaware of any such mineral occurrences
actually known to occur on the mineral claims it is thought to be a good area in
which to conduct a mineral exploration program.
6.0 Geological Setting
6.1 Regional Geology
The regional geology of Nevada is described as being underlain by all types of
rock units. These appear to range from oldest to youngest in an east to west
direction, respectively. Many of the oldest units are found to occur in the
southeast corner of the State along the Colorado River. The bedrock units
exhibit a north-south fabric of alternating east-west ranges and valleys. This
feature may suggest E-W compression that may have expression as low angle thrust
faults (see Figure 3a). Various types of faulting are recognized in many areas
of Nevada and it often plays a large part in the emplacement of mineral
occurrences and ore bodies. 6.2 Local Geology
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Figure 3a. Regional Geology Map, 1:250,000
Figure 3b. Legend For Figure 3a.
The local geology about the Key property which is situated approximately 12
airmiles to the south of Goldfield, NV reveals a northeast trending, elongate
assemblage of sedimentary (metamorphic) rock units of Lower Cambrian age. They
are seen to lie in relatively close proximity to a number of Tertiary to
Quaternary aged, volcanic and unconsolidated to consolidated sedimentary rock
occurrences.
Throughout this local area are a number of northeast trending high angle faults
and some low angle northwesterly thrusting fault occurrences that could have set
the stage for mineralizing fluids to have affected the underlying rock units.
6.3 Property Geology
The geology of the Key property area may be described as being covered by
Quaternary desert wash, collovium, alluvium and playa deposits. This covered
mineral claim area within a larger surrounding area of rock exposure and known
mineral occurrences exhibits a good geological setting and could be considered a
good target area in which to conduct mineral exploration.
The outcrops partially surrounding or flanking the alluvial covered valley
underlying the mineral claim area suggests mineral occurrences or structurally
prepared covered bedrock could be sought after in those areas.
6.4 Deposit Type
The deposit types that are found occurring in the regional area and the more
localized areas vary considerably. Silver and gold quartz veins predominate at
Tonopah. Some of the most productive veins represent the silicification and
replacement of sheeted zones of trachyte that was originally marked by close-set
parallel fractures, but not faulting. The two hosts of mineralized quartz veins
are 1) older pre-Tertiary volcanic rocks, i.e. Silver Peak (Mineral Ridge area),
Weepah and Hornsilver or 2) Tertiary rhyolite host rocks that occur at Tonopah
and other younger volcanic rocks, i.e. Goldfield and Divide. Base metal deposits
are more commonly of interest now than in the past and many prospects occur in
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the general area. The industrial mineral barite that is observed to occur either
in vein or bedded types have been recognized in the general area.
The precious metal deposit types that historically predominate in the general
area are as gold or silver vein-type of occurrences.
Ground geophysical techniques may be most effective in the covered areas as a
follow-up to prospecting and soil sampling of the Phase 1 program.
6.5 Mineralization
By far the largest production in the County comes from the vein-type of gold and
silver occurrences in quartz fissures in either pre-Tertiary volcanic or
Tertiary volcanic host rocks.
7.0 Exploration
7.1 Geophysics of the Key 1-4 Mineral Claims
The aeromagnetic results shown in Figure 4 are from a survey after U.S.G.S. map
GP-753.
The Key property is seen to occur on the nose of a northeast trending magnetic
bulge. The change in gradient in the claim area suggests an easterly dip into
the in-filled basin. Ground geophysical surveys may add more detail to our
understanding of the possible potential of the claim area.
7.2 Geochemistry of the Key 1-4 Mineral Claims
To the best of the authors' knowledge, the Key 1-4 property has not undergone
any detailed ground exploration work including geochemistry which may have
usefulness in this area.
8.0 Drilling
No drilling appears to have taken place on the area covered by the Key mineral
claims.
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Figure 4. Aeromagnetic Map, 1:250,000
9.0 Sampling Method and Approach
Standard sampling methods are utilized, for example a rock sample would be
acquired from the rock exposure with a hammer. The sample will be roughly
2"x2"x2" of freshly broken material. The samples grid location correlated with
global positioning system (GPS) location will be marked in the logbook after a
sample number has been assigned. The sample number would be impressed on an
aluminum tag and on a flagging that will be affixed at the sample site for
future location.
9.1 Results
As exploration work could be conducted and assessed, a decision would be made as
to its importance and priority. The next phase of work will be determined by the
results from the preceding one. At this point, it is necessary to suggest that a
three phase exploration approach be recommended.
10.0 Sample Preparation, Analyses and Security
Our rock exposure samples would be taken with known grid relationships that have
been tied-in with a hand held global positioning system (GPS).
The samples would be in the possession of the field supervisor of the
exploration project.
1) The standard approach of seeking and sampling the 'B' horizon, (the rusty,
oxidized and possibly enriched zone). The samples most often undergo standard
acid digestion, multi-element analyses by the induction coupled plasma (ICP)
method and the atomic absorption (AA) method for the detection of precious
metals with back-up analyses and/or assaying of anomalous samples to acquire
more detail.
2) The relatively new and proprietary method called mobile metal ions (MMI) may
be very useful in our exploration endeavors. The samples in the desert climates
are taken consistently from between 8" and 10" in the soil layer below the
organic zone. The samples undergo selective digestion with subsequent analyses
for the chosen metal package, but most likely the standard multi-element package
with gold would be undertaken. The cost of taking the MMI sample and the
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analyses are more expensive than standard method, but some studied results have
been encouraging. All analyses and assaying will be carried-out in a certified
laboratory.
11.0 Data Verification
Previous exploration has not been conducted on this mineral claim area by the
author, but its good geological setting and interesting aeromagnetic data
encourages the recommendation to conduct exploration work on the property. The
author is confident any information included in this report is accurate and can
be utilized in planning further exploration work.
12.0 Adjacent Properties
The Key 1-4 mineral claims occur in a general area that possibly has undergone
some prospecting in the past. The general area has known barite occurrences, as
well as, gold and silver potential. The Key property does not have adjacent
mineral properties.
13.0 Mineral Processing and Metallurgical Testing
No mineral processing or metallurgical testing analyses have been carried- out
on the key property.
14.0 Mineral Resource and Mineral Reserve Estimates
No mineralization has been encountered to date by the author and no calculation
of any reliable mineral resource or reserve, conforming to currently accepted
standards, could be undertaken at this time.
15.0 Other Relevant Data and Information
All relevant data and information concerning the Key property has been presented
in this report.
16.0 Interpretation and Conclusions
The object of the recommendations made in this report are to facilitate in the
possible discovery of a large, probably low grade mineral deposit of base and/or
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precious metals or other minerals of economic consideration that have open pit
and/or underground mining potential. If such a deposit exists, it may occur
under the drift or overburden covered areas of the Key 1-4 mineral claims.
17.0 Recommendations
The author believes that the known mineralization encountered to date in
neighboring areas is possibly indicative of a larger mineralized system in the
general area. The drift covered parts of the property offer good exploration
areas because of the possibility of mineralization, good geological setting and
generally a lack of exploration testing. Also, remote sensing such as aero and
follow-up ground magnetic programs may indicate possible exploration areas of
interest within the Key 1-4 mineral claims.
Detailed prospecting, mapping and reconnaissance geochemical surveys of the
claim area should be undertaken if and when the Company is in a position to do
so. The following three phase exploration proposal and cost estimate is offered
with the understanding that consecutive phases are contingent upon positive and
encouraging results being obtained from each preceding phase:
PHASE 1
Detailed prospecting, mapping and soil geochemistry.
The program is expected to take four weeks to complete
including the turn around time on sample analyses. The
estimated cost for this program is all inclusive $ 8,500
PHASE 2
Magnetometer and VLF electromagnetic, grid controlled
surveys over the areas of interest determined by the
Phase 1 survey. The program is expected to take two
weeks to complete. The estimated cost includes
transportation, travel, accommodation, board, grid
installation, two geophysical surveys, maps and report 8,500
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PHASE 3
Induced polarization survey over grid controlled
anomalous areas of interest outlined by Phase 1&2
programs. Hoe or bulldozer trenching, mapping and
sampling of bedrock anomalies. Includes assays, maps
and reports 40,000
-------
Total $57,000
=======
17.1 Recommended Drilling
No recommendations for drilling on the Key 1-4 mineral claims can be made at
this time. If the exploration were to proceed through Phase 3 this decision
could then be made.
18.0 References
Alders , J.P. and Stewart, J.H.: Geology and Mineral Deposits of Esmeralda
County, Nevada. Bulletin 78, Nevada Bureau of Mines and Geology.
Hildenbrand, Thomas G. and Kucks, Robert P., 1988: Total Intensity Magnetic
Anomaly Map of Nevada. Map 93A, Nevada Bureau of Mines and Geology.
Lincoln, Francis Church, 1982: Mining Districts and Mineral Resources of Nevada
with Map of the State of Nevada (Mineral Occurrences), U.S.G.S. compiled in
1921-22, but to current County boundaries.
Papke, Keith G., 1984: Barite in Nevada. Bulletin 98, Nevada Bureau of Mines and
Geology.
19.0 Author's Qualifications and Certification
I, James W. McLeod, P. Geo do hereby certify as follows:
1.0 I am currently self-employed as a Consulting Geologist with an
office located at 5382 Aspen Way, Delta, British Columbia, V4K
3S3, Canada.
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2.0 I am a graduate of the University of British Columbia (1969), B.
Sc. (Major Geology).
3.0 I am a member in good standing of The Association of Professional
Engineers and Geoscientists of British Columbia and a Fellow of
the Geological Association of Canada.
4.0 I have worked as a geologist for a total of 36 years since
graduation.
5.0 I have read the definition of "qualified person" set out in
National Instrument 43-101 ("NI 43-101") in Canada and certify
that by reason of my education, affiliation with a professional
association (as defined in NI 43-101) and past relevant work
experience, I fulfill the requirements to be a "qualified person"
for the purposes of NI 43-101.
6.0 I am responsible for the preparation of sections 1 to 19 of the
technical report titled "Review and Recommendations, Key 1-4
Mineral Claims, SW Goldfield Hills Area, Esmeralda County, Nevada,
USA." dated June 30, 2007 (the Technical Report).
7.0 I have had prior involvement in the general area and specifically
in a number of areas about the Key mineral claims.
8.0 I am not aware of any material facts or material change with
respect to the subject matter of the Technical Report that is not
reflected in the Technical Report, the omission to disclose which
makes the Technical Report misleading.
9.0 I am independent of the issuer and have neither interest in the
Key 1-4 mineral claims nor Ameriwest Minerals Corp.
10.0 I have read National Instrument 43-101 and Form 43-101F1, and the
Technical Report has been prepared in compliance with that
instrument.
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11.0 I consent to the filing of the Technical Report with any stock
exchange and other regulatory authority and any publication by
them, including electronic publication in the public company files
on their websites accessible by the public, of the Technical
report.
Dated at Delta, British Columbia this 30th Day of June, 2007.
/s/ James W. McLeod
------------------------------
James W. McLeod, P. Geo.
Qualified Person
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