The Olivine East occurrence is located at an elevation of approximately of approximately 1500 metres on a west-facing slope, in the headwaters of Lodestone Creek and approximately 1.7 kilometres southwest of Tanglewood Hill.
The area is underlain by dioritic intrusive rocks and ultramafic rocks of the Upper Triassic to Lower Jurassic Tulameen Ultramafic Complex.
Locally, drillhole DDH-5, collared on a roadside outcrop of silicified diorite and gabbro with copper (chalcopyrite) mineralization, yielded intercepts of 0.31 per cent copper, 0.102 gram per tonne gold and 0.102 gram per tonne palladium over 1.0 metre (4.0 to 5.0 metres down hole), 0.117 per cent copper, 0.035 gram per tonne gold and 0.046 gram per tonne palladium over 10.1 metres (89.6 to 99.7 metres down hole), including 0.834 per cent copper, 0.024 gram per tonne gold and 0.133 gram per tonne palladium over 0.5 metre and 0.274 per cent copper, 0.171 gram per tonne gold and 0.032 gram per tonne palladium over 7.8 metres (129.2 to 137.0 metres down hole; Discovery Consultants [2020-07-27]: Technical Report on the Olivine Mountain Property, Similkameen Mining Division, British Columbia, Canada).
Work History
In 2018, GSP Resources Corp. completed a program of soil sampling and a 370 line-kilometre airborne geophysical survey on the area as the Olivine Mountain property. The following year, seven diamond drill holes, totalling 1200 metres, were completed on the Olivine Mountain property.