The NORTH JEWEL showing is located 700 metres north of the Jewel occurrence on a ridge side northwest of Roxey Creek, a northeast flowing tributary of Gun Creek. The occurrence is approximately 6 kilometres northwest of Gun Lake and 10 kilometres northwest of the village of Gold Bridge.

Mapping around Roxey Creek and the Jewel prospect in 2019 identified this area of previously unknown mafic schists. Sample SOLG106B, collected from an outcrop, assayed 1.59 grams per tonne gold and 0.37 per cent copper. It is described as malachite-stained chalcopyrite-pyrrhotite rich granular quartz lenses in an amphibole-plagioclase-quartz schist, possibly meta-gabbro (Assessment Report 38923).

A structural analysis of the area, including the Little Gem, Jewel and Mount Penrose occurrences, was conducted for Goldbridge Holdings Ltd. in 2013, determining three cross-structural exploration potential locations.

Cobalt One Energy Corporation Inc. acquired the property surrounding the Jewel and Little Gem prospects in 2017 and subsequently conducted stream sediment, rock and soil sampling, prospecting and mapping, electromagnetic and IP survey, petrophysics studies and diamond drilling through to 2022. A time-domain electromagnetic survey (FLTEM) was completed in the Jewel area in 2022.