The Property forms part of the Kootenay Arc belt in southeastern British Columbia, a northerly trending arcuate structural zone, which includes Proterozoic to Ordivician sedimentary rocks which have been intruded by igneous granitic rocks of the Nelson batholith. It is believed that these intrusives are related to the gold silver mineralization found in the Bayonne and Sheep Creek properties. The belt is characterized by open to isoclinal north-trending folds in the oldest sedimentary rocks, which contain stratisform zinc-lead-silver deposits in Cambrian limestones and dolomites and gold deposits in quartz veins, filling late crossfaults.
Historically, the Bayonne property produced 81,782 tonnes, grading 16.0 g/t gold (42,174 ounces) and 45.9 g/t silver (120,665 ounces). (1)
The Property has the following historic resource:
(1) Dunn, D., 2008: Technical Report on the Sheep Creek, Bayonne, Ymir and Rossland Mining Camps, Yellowstone Resources Ltd., Private company report.