The Walter North occurrence is located at an elevation of approximately 910 metres on the east side of a hill, north of Francois Lake and approximately 2 kilometres south of the west end of Craig Lake.

Regionally, the area is underlain by felsic volcanic rocks of the Eocene to Oligocene Ootsa Lake Formation (Nechako Plateau Group) and andesitic volcanic rocks of Upper Cretaceous Kasalka Group.

Locally, a 6-metre-wide zone of argillic- and pyrite-altered felsic and mafic volcanic rocks (feldspar porphyry?) hosts networks of quartz veins and veinlets, up to 0.5 metre wide, with gold and silver values. Limonite staining is also reported. The veins vary in strike from –190 to 50 degrees and dip 70 to 360 degrees west.

Another zone of mineralization is located approximately 200 metres south of the first zone and comprises a limonite-stained and silicified andesite with quartz veinlets.

In 2013, 10 grab samples (TK13-388 through -393, SAK13-172 through SK13-174 and SK13-186) assayed from trace to 0.44 per cent lead, 0.13 to 29.99 grams per tonne gold and 2.6 to 864 grams per tonne silver, whereas nine grab samples (SK13-155 to -163), from the south zone of mineralization assayed from 0.09 to 5.51 gram per tonne gold, 0.8 to 88.4 grams per tonne silver and trace to 0.11 per cent lead (Assessment Report 34514).

In 2014, sampling of hand trenches from the main zone yielded up to 2.46 grams per tonne gold and 55.6 grams per tonne silver from trench WBT-1 (sample WBT1-25), 3.65 grams per tonne gold and 40.2 grams per tonne silver form trench WBT-2 (sample WBT2-03) and from 8.64 to 23.88 grams per tonne gold and 71 to 159 grams per tonne silver from three samples (WBT3-04, -09 and -12) on the WBT-3 trench, whereas a sample (WBG-006) from the south zone yielded 0.89 gram per tonne gold and 70.4 grams per tonne silver (Assessment Report 35458).

In 2017, rock samples yielded up to 1.52 grams per tonne gold and 34.3 grams per tonne silver (Sample TKN17-50; Assessment Report 37410).

Work History

During 2013 through 2019, Kootenay Silver Inc. completed programs of prospecting, hand trenching, rock sampling and a geophysical (magnetic) analysis of data on the area as the Walter the Water Buffalo property.