The Golden 8 property is located on the southern flank of Baldy Mountain, near the head waters of Malde Creek, approximately 5.9 kilometres south east of Rossland. The original G8 mineral property was staked on September 24th, 2002 by Roger Zutz. The same year, a small VLF-EM reconnaissance program took place on the eastern half of the claims. In 2003, a two-hole, 66.3 metre, follow-up drill program was undertaken, identifying Rossland type silver-gold-lead-zinc–bearing vein structures. The G8 mineral claim was optioned by Roger Zutz to Rossland Resources Inc. in late 2007. The property was returned in 2009 when Rossland Resources curtailed operations. In 2010, a larger, follow-up VLF-EM reconnaissance program was conducted.
Regionally, the area is dominated by Early Jurassic age Rossland Group volcanics. Northeast-trending Elise argillaceous siltstone, mafic flows and Lower Elise Formation basaltic flows are intruded by Late Jurassic augite porphyry (the Rossland sill), the Rossland Monzonite and the Rainy Day Pluton with the associated Molybdenum Breccia complex. These rocks are intruded by various late-stage Tertiary lamprophyre and feldspar porphyry dikes.
Locally, the claims are underlain by Early Jurassic Rossland Group mafic volcanic flows, sediments, augite porphyry, hornblende porphyry intrusions and rhyolite dikes. Diamond drilling in 2003 intersected augite porphyry volcanics and hornblende porphyry dikes, similar to that of the main Rossland type gold mineralization host rocks.
Mineralization, on the property, is related to a horneblende porphyry dike and consists of thin sulphide enriched, pyrrhotite-pyrite-chalcopyrite-arsenopyrite, veins and sphalerite in thin quartz-calcite veining.
In 2003, drilling intersected 250 parts per billion gold over 30.0 metres and another short interval carrying 250 parts per billion gold and 0.17 per cent zinc (Assessment Report 27572).