Exploration

Exploration

  • The Red Mountain Gold Project has excellent exploration upside with no significant surface work on the property since 1996, glacial ice has retreated throughout the Property, including areas adjacent to known high-grade showings.   
  • Ongoing surface work identified multiple prospects and the new discovery at Lost Valley.
  • Potential to add high-grade underground resources north of JW Zone and at 141 Zone
  • 16 km trend of prospective geology, mineralized showings
  • Geological analogue to KSM:  intrusions along early Jurassic growth faults
  • Widespread > 1g/t Au gold mineralization similar to Snowfield, Mitchell Deposit. The Red Mountain project has numerous mineralized zones and showings

The Red Mountain Project has excellent exploration upside with numerous mineralized zones and showings across the Property, Including: Rio Blanco, McAdam, Cambria, Marc Extension, Hartley, Mike and Brad Zones. The Red Mountain database contains 785 rock samples (chip, float, subcrop, grab) that average over 1.0 g/t Au, 136 samples over 10 g/t Au and 43 samples over 30 g/t Au. In 2016, the Lost Valley Prospect was discovered approximately four kilometres southwest of the current Red Mountain resource. Lost Valley is comprised of high grade veins which assay up to 165g/t Au, 1,048g/t Ag and 15.5% Cu. The veins vary in thickness from 5 to 100 cm and traceable up a kilometre in strike length. Since the last significant surface work was performed on the Property in 1996, glacial ice has retreated throughout the Property, including areas adjacent to known high-grade showings. Glacial retreat in the southern portion of the Property unveiled IDM’s recent Lost Valley discovery. Significant potential still exists in these unexplored areas for further discoveries. The Mitchell Deposit at Seabridge's KSM Property and Pretvim's Valley of the Kings Deposit were partially discovered due to retreating glacial ice over the past couple of decades.

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