The Property is comprised of 12 mineral claims (53.5km2) and lies within a mineral-rich region of central British Columbia approximately 130 kilometres south of Houston. The Berg Cu/Mo Deposit is 40km to the north; the Huckleberry Mine (20,000tpd Cu/Mo) is 27km north northeast; Blue Pearl’s Davidson Mo Deposit is 145km to the north and their Endako Mine (30,000tpd Cu/Mo) is 150km to the northeast.

The Property covers a zone of high-grade molybdenite float as well as a gold bearing quartz vein epithermal system. It is located immediately south of the southern rim of an oval shaped caldera (volcano crater) measuring approximately 20km x 40km. Numerous mineral deposits and occurrences including the Huckleberry Mine and the Berg Deposit are associated with ring or radial fractures related to the caldera formation.
Molybdenum Zone

In 1979, Silver Standard Mines Ltd. located extremely high molybdenite values from float in moraine material which was traced for over 2,000 feet south to the toe of a glacier. Grades from 0.070% MoS2 to 2.12% MoS2 were reported in 1979. A 256 pound grab sample assaying 0.20% MoS2 was taken in 1967.
In addition, outcrop values of between 4.0ppm to 0.029% U308 (uranium) were obtained and scintillometer readings of up to 250cps are noted.

Gold Zone

The second mineralized zone consists of anomalous precious metal values noted in the north trending structures lying to the east of the Molybdenum Zone. Epithermal quartz veins and silicified rocks are associated with shear zones and range from stringers to 3 metres in width. Hydrothermal alteration was noted along the selvage of the veins. To date, at least 12 mineralized showings have been discovered within the Gold Zone. Gold values range from trace to 24.0g/t across 1 metre (L.J.Lee, 1987). Significant silver values (165ppm in float) as well as anomalous values of Hg, As, Sb, Bi, Se, and Te are also present. At one of the showings, while neither gold nor silver were anomalous, values of up to 1,500ppb Hg (mercury) and 5,723ppm As (arsenic) were encountered. Mercury and arsenic are key pathfinder elements for epithermal gold systems.