-- OSC Investigation Bear Lake Gold --
DATED AT TORONTO this 29
th day of March, 2011.
https://www.osc.gov.on.ca/en/Proceedings_soa_20110329_boily.htm
Fraud by Qualified Person,
"...
I. THE RESPONDENT
1. The Respondent, Bernard Boily (“Boily”), has practiced as ageologist for over 27 years. He served as the Vice-President(Explorations) as well as the Qualified Person (as defined below) forBear Lake Gold Ltd. (“Bear Lake”) until he was terminated on November 3,2009. ..."
"...(b) The Respondent
7. Boily is a resident of Blainville, Québec. At all material times,Boily served as a geologist, Director and (later) Vice-President ofExplorations as well as the qualified person (as defined in NationalInstrument 43-101– Standards of Disclosure for Mineral Projects1 ) (“Qualified Person”) for Bear Lake. ..."
".....
(c) Exploration Data Inconsistencies Announced
10. On July 21, 2009, Bear Lake announced that it had become aware of“material inconsistencies” regarding its exploration results for theLarder Lake Project. The company further noted that the discrepanciesappeared “serious” and could result in “significant reductions of goldvalues for some of the previously announced drilling intercepts.”Earlier, on July 17, 2009, Bear Lake shares were halted on the basis ofpending news from the company.
11. An internal investigation was immediately commenced with anindependent consultant, Scott Wilson Roscoe Postle Associates Inc. (nowknown as Roscoe Postle Associates Inc.) (“RPA”), retained to lead thetechnical investigation.
12. On July 24, 2009, Bear Lake withdrew all of its previouslyannounced results for the Larder Lake Project and advised investors thatthe results should not be relied upon.
........"