The Grizzly Ridge V1 (GRV1) occurrence is located on a southwest facing slope, west of Grizzly Creek and at an elevation of approximately 1920 metres.
The area is underlain by the Jurassic-Cretaceous Coast Plutonic Complex, which comprises granodiorite, granitoid gneiss, amphibolite and schist. The metamorphic rocks generally occur as small, fault-bound pendants. Feldspar porphyry dikes are locally abundant.
Locally, a 30 centimetre wide silicified and clay-altered shear, striking 105 degrees and dipping 40 degrees south hosts silver and gold values. Sulphide mineralization is not described.
In 2012, a chip sample (KI1211) assayed 10.74 grams per tonne silver, 0.576 gram per tonne gold and 0.115 per cent arsenic over 0.3 metre (Assessment Report 33486).
The Apple occurrences were discovered as a follow up exploration program to the 1988 regional geochemical stream sediment sampling program in the Bute Inlet area. The Apple claims were subsequently staked by Placer Dome Inc. in 1989 and explored from 1989 to 1991. Exploration programs consisted of rock and soil sampling, prospecting and geological mapping. In 1997, Tiberon Mineral Ltd. prospected the Grizzly property as the Shannon claims. During 2010 through 2012, St. Elias Mines completed programs of rock, silt and soil sampling and 19 line-kilometres of combined ground electromagnetic and magnetic surveys.