The 100% owned, direct road access, 3,784-hectare Holy Cross property is located in central interior B.C. southwest of Vanderhoof and approximately 60 kms due north of the multi-million-ounce Blackwater gold deposit, presently being developed into a mine by Artemis Gold.
Holy Cross hosts a robust siliceous alteration system carrying locally elevated gold, copper and silver values over a large area, with attractive coincident geochemical-geophysical anomalies.
The Company has interpreted the observed widespread surface Au-Ag and pathfinder element anomalism, and silicious-pyritic and clay alteration as representing the upper levels of a potentially intact felsic intrusion-related, low sulphidation, epithermal gold-silver system, with the higher-grade parts of the system lying at depth. It was this conceptual exploration model that the Company tested with 1,556 metres of drilling in 4 holes in October 2022, with disappointing results. As only a fraction of the large target area was tested by the 2022 drilling, the prospect may be revisited in the future.