The 808CR04 showing is located approximately 250 metres northeast of the bank of Sorcerer Creek and 53 kilometres north of Revelstoke.
Locally, the area is underlain by crystalline limestone with intercalated calcareous mudstones, schist and phyllites of the Lower Cambrian Badshot Formation and Index Formation, which are both part of the Lower Paleozoic Lardeau Group. These two units are flanked by quartzites with minor schists belonging to the Upper Paleozoic to Lower Cambrian Hamil Group.
Mineralization occurs as pyrrhotite, chalcocite, malachite, bornite, tetrahedrite, and chalcopyrite in a quartz carbonate vein.
In 2007, Silver Phoenix Resources Ltd. contracted River Rich Exploration Ltd. to complete a stream sediment survey and rock sampling program. Highlights of the sampling program include sample 808CR004, which assayed greater than 1 per cent copper, greater than 1 per cent zinc, 1.13 grams per tonne gold and greater than 100 grams per tonne silver (Assessment Report 29680).
In 2009, Armadillo Resources Ltd. optioned the property from Silver Phoenix Resources Ltd. and completed a drill program totaling 761.6 metres.
In 2013, Armadillo Resources Ltd. dropped their option of the property, which reverted to Silver Phoenix Resources Ltd.
For more information on the regional geology and history of the Tangier-Waverley property, see the Tangier (MINFILE 082N 015) and Waverley (MINFILE 082N 014) showings.