The Goldvale 04 is located about 5 kilometres north-northeast of the confluence of Moosevale Creek with the Sustut River.

The Goldvale 04 occurrence area is underlain the Upper Triassic Savage Mountain Formation (Takla Group) consisting of augite porphyry basalt flows, breccia, pillow breccia, tuff and interbedded bladed feldspar porphyry.

Drill hole GV96-04 intersected copper mineralization of 0.12 per cent over 6.1 metres with a 64.0-metre drill interval grading 0.048 per cent copper (Assessment Report 24737). The 6.1 metre interval from 94.49 metres to 100.58 metres consisted of fine-grained tuffaceous andestite hosting numerous small quartz monzonite dikelets from 0.5 to 8 centimetres. Traces of malachite with rare chalcopyrite and chalcocite are widespread throughout most of the claim area. Malachite commonly occurs in close association with epidote in fractures and breccia voids. Copper mineralization within quartz diorite porphyry and quartz feldspar porphyry was noted.

WORK HISTORY

In 1995, Consolidated North Coast collected and analyzed 210 soil samples, 97 moss mat stream sediment samples, and 1 rock sample. Consolidated North Coast prepared a grid which was used to conduct an Induced Polarization (IP) survey, by Lloyd Geophysics.

In 1996, Consolidated North Coast Industries Ltd. carried out an exploration program consisting of six diamond drill holes on the Goldvale property. Drilling in six holes totaled 915 metres and was focused on Induced Polarization targets revealed in their 1995 program.