The Walter South occurrence is located at an elevation of approximately 840 metres on a south-facing slope, north of Francois Lake and approximately 2.5 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, argillic- and pyrite-altered felsic volcanic rocks (quartz eye porphyry and rhyolite?) host networks of quartz ± carbonate veins and veinlets, up to 20 centimetres wide, with gold and silver values. Limonite staining is also reported. The veins generally strike 020 degrees and dip vertically.
In 2013, four grab samples (TK13-367 through -370) yielded values of up to 0.97 per cent lead, 249 grams per tonne silver and 40.25 grams per tonne gold, whereas a float boulder sample (SK13-167) of brecciated felsic rock with quartz-carbonate veins and pyrite, chalcopyrite and malachite mineralization, located approximately 2.5 kilometres west of the occurrence, assayed 1.21 grams per tonne gold and 1.14 per cent copper (Assessment Report 34514).
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.