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Welcome to Wabi Exploration Inc.

Wabi Exploration Inc. ("Wabi", or the "Company") is a Canadian, junior resource company that holds a 0.5% Net Smelter Royalty ("NSR") in the Georgia Lake and Conway Properties located in the Thunder Bay Mining District, Ontario. Wabi also holds four claims in the Copper Mountain area of Princeton, BC.

NEWS

September 25, 2015
APPOINTMENT OF
OFFICER AND DIRECTOR

January 5, 2015
WABI EXPLORATION
INC. COMPLETES
ACQUISITION OF
0.5% NSR ON
GEORGIA LAKE
AND CONWAY
PROPERTIES

January 5, 2015
WABI EXPLORATION
INC. COMPLETES
ACQUISITION OF
0.5% NSR ON
GEORGIA LAKE
AND CONWAY
PROPERTIES

December 29, 2014
WABI EXPLORATION
INC. ACQUIRES 0.5%
NSR ON GEORGIA
LAKE AND CONWAY
PROPERTIES

Wabi Corporate
Presentation

GEOLOGICAL SETTINGS

The Elbow Lake Property is situated within the Flin Flon – Snow Lake Greenstone Belt of the Canadian Shield, which represents one of the most extensive exposures of Precambrian rocks in the world. The Canadian Shield comprises large, deformed remnants of ancient volcanic-sedimentary terrain (“greenstone belts”) of Archean (3.2 to 2.6 billion years old) age such as the Abitibi, Uchi, and Yellowknife Greenstone Belts and Proterozoic (1.88 to 1.92 billion years old) age such as the Flin Flon – Snow Lake and Lynn Lake Greenstone Belts.

Precambrian greenstone belts in Canada and around the world have been prolific precious and base metal producers during the past 100 years and boast some world class “giant” base metal ore bodies, such as Kidd Creek Mine (Timmins, Ontario), Noranda Mine (Noranda, Quebec) and the Flin Flon-777-Callinan Mine Complex.

Precious metal rich Cu-Zn volcanogenic VMS type deposits of the Flin Flon – Snow Lake Greenstone Belt occur in a highly prospective early Proterozoic island-arc assemblage of felsic and mafic volcanic rocks that stretches for an exposed length of 250 kilometres east-west and 75 kilometres north-south. The largest deposits are hosted in the felsic volcanic rocks on the western side of the belt, near Flin Flon. VMS deposits in the belt range in size from 100,000 tonnes to the giant 85.5 million tonne Flin Flon-777 Callinan Mine Complex.

REGIONAL GEOLOGY

The oldest rocks in the Flin Flon Greenstone Belt comprise mafic volcanic-dominated flows and subordinate pyroclastics of the Amisk Group that were deposited in a juvenile island-arc tholeiitic setting. An unconformity between the subaqueous dominated Amisk volcanic rocks and Archean intrusive granitoid basement rocks has been locally documented.

The Amisk Group generally comprises less than 10% felsic volcanic rocks that form the Louis, Hidden and Flin Flon formations where the latter is associated with the largest Cu Zn VMS deposits in the belt. Furthermore, evidence from the Snow Lake portion of the belt indicate that large, subvolcanic felsic intrusions have operated as geothermal heat engines that have driven the large-scale convective cells, which facilitated superheated, chlorine-rich seawater to strip, then discharge base metals on the seafloor.

The Amisk Group is overlain by sedimentary rocks of the Missi Group. The Missi Group sedimentary and Amisk Group volcanic rocks in the Flin Flon area have experienced three major periods of deformation. However, the major isoclinal folds associated with the second event exerted the strongest strain on the sedimentary and volcanic rocks. This effect is observed throughout the belt in the numerous fold repetitions, which have been confirmed by convincing systematic reversal in stratigraphic top indicators and mineralogical zoning of the VMS deposits.

Gold occurrences in the Flin Flon – Snow Lake Greenstone Belt are commonly found in quartz veins. At New Britannia in nearby Snow Lake 1.4 million ounces of gold has been produced from quartz veins with 449,000 ounces of gold remaining in the measured and indicated categories, 2,605,000 tonnes at 5.37 g Au/t (Garson Gold webite).

Geology of the Flin Flon – Snow Lake Greenstone Belt (Galley, 2007)

 

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