The Snag occurrence is located at an elevation of approximately 1200 metres on an east-facing slope, southwest of the north arm of the Nechako Reservoir and approximately 15 kilometres northeast of Chief Louis Lake.

Regionally, the area is underlain by andesitic volcanic rocks and coarse clastic sedimentary rocks of the Upper Cretaceous Kasalka Group and undivided volcanic rocks of the Middle Jurassic Naglico Formation (Hazelton Formation), which have been intruded by Upper Cretaceous to Pliocene rocks.

Locally, quartz veins are hosted in sericitized quartz feldspar porphyry rhyolite dikes. The dikes are oriented at north 30 degrees and dipping 90 degrees.

A second zone of mineralization is located approximately 4.2 kilometres to the south of the previous zone of mineralization, near the northwest shore of a small un-named lake and comprises fault/shear zones with bleaching and argillic alteration hosting quartz±chalcedony fractures and local breccias, oriented north 20 to 30 degrees and dipping 90 degrees, with disseminated pyrite and minor arsenopyrite in quartz±feldspar phyric rhyolite, dacitic lapilli tuff, polymictic conglomerate and feldspar porphyry andesite.

In 1992, several mineralized epithermal quartz and silicified rhyolite, andesite and sediment boulder trains were identified in the area. Two float boulder samples yielded 6.1 and 7.6 grams per tonne gold, respectively (Assessment Report 23749).

In 1993, float samples from the property yielded up to 7.58 grams per tonne gold, 35.6 grams per tonne silver, 0.598 per cent mercury, 1.217 per cent lead and 0.331 per cent zinc (Assessment Report 23749).

In 1994, outcrop samples from the first zone of mineralization yielded up to 0.280 gram per tonne gold and 24.2 grams per tonne silver (sample 324), whereas outcrop samples from the second zone of mineralization yielded up to 0.140 gram per tonne gold (sample 37; Assessment Report 23749). Also at this time, float boulder samples (no. 2) yielded up to 6.04 grams per tonne gold and 25.7 grams per tonne silver (Assessment Report 23749).

In 1995, float boulder samples yielded up to 3.72 grams per tonne gold and 27.0 grams per tonne silver (Assessment Report 24311).

Work History

During 1992 and 1994, Cogema Resources Inc. completed a program of geological mapping and geochemical (rock and soil) sampling on the area as the Snag 1-5 claims.

In 1995, Phelps Dodge Corp. of Canada Ltd. completed a program of prospecting, geological mapping and geochemical (rock and soil) sampling on the Snag property.

In 2011 and 2012, Kenneth Galambos completed programs of prospecting and minor rock sampling on the Snag property.