The 2XFred North (Mark) occurrence is located on Stoney Creek, approximately 3.5 kilometres east-northeast of the north end of Welch Lake.
The area occurs within the Intermontane Belt, underlain dominantly by Lower to Middle Jurassic volcanic and sedimentary rocks of the Hazelton Group. These assemblages are overlain by felsic and andesitic volcanic rocks of the Eocene to Oligocene Ootsa Lake Formation (Nechako Plateau Group) and basalt volcanic rocks and sedimentary rocks of the Miocene Chilcotin Group. Intruding Lower Jurassic rocks of the Hazelton Group in the northeastern part of the map sheet is a belt of granodiorite, diorite and quartz diorite plutons of the Lower Jurassic Topley Intrusive Suite. Felsic plutons, probably Cretaceous, intrude both Lower and Middle Jurassic Hazelton strata.
Locally, banded to chalcedonic (epithermal) quartz veins, up to 0.7 metre wide, stockworks and hydrothermal breccias are hosted in silicified and argillic-altered basalts and andesites. Common alteration minerals include hematite, limonite, jarosite, clay, chlorite, epidote, carbonate, manganese, zeolite, specularite, magnetite and pyrite. The veins strike approximately north and parallel to the creek with a shallow dip to the west-northwest.
In 2018, three samples (SK18-101, -102 and -105) of subcrop assayed from 0.37 to 0.56 gram per tonne gold and 2.6 to 25 grams per tonne silver, whereas three other samples (MK18-46, -42 and -45) of subcrop, located approximately 200 metres southeast of the previous samples, yielded from 0.30 to 2.40 grams per tonne gold and 3.6 to 8.2 grams per tonne silver (Assessment Report 37772).
Work History
During 2011 through 2020, Kootenay Silver Inc. completed programs of prospecting, geological mapping, geochemical (rock, soil and biogeochemical sampling), trenching, 82.3 line-kilometres of ground magnetic and electromagnetic surveys and 13 diamond drill holes, totalling 1627.9 metres, on the area as the 2XFred property.