The FRASER RIVER showing is located on the east bank of the Fraser River approximately 1.5 kilometres downstream of the Cottonwood River confluence, 15 kilometres northwest of Quesnel.

Extensive hand-pit testing was done on the Fraser River property from 2020 to 2022. In 2022, Allgold BC Ltd. conducted a 2D resistivity survey over the property, resulting in indications of a gold-bearing channel below a depth of 4 metres. The red-orange mixed gravel and sand layer ranges from 15 to 18 metres thick, covering a low-resistivity bedrock.

In 2023, Allgold completed a two-hole drill program totaling 97.5 metres. Drill hole DH23-01 was drilled to a vertical depth of 57.9 metres. Four samples obtained over the initial 40 metres averaged 57 grams per tonne gold, including the 5 metre interval from 15 to 20 metres downhole which assayed 100 grams per tonne gold (Assessment Report 41607).