The Newtown Canyon occurrence occurs along Newtown Creek, north of the Skeena River, approximately 10 kilometres northeast of Terrace, B.C. in Newtown Creek canyon.
The southern portions of the Kshish property are underlain by the Eocene Newtown Creek pluton (53 Ma) and the Paleocene Kitsumkalum Intrusive Suite (60 Ma), while the northern portion is underlain by the Lower Jurassic, volcanic dominated Kitselas Facies of the Telkwa Group.
A significant concept derived from 2017 exploration work is that a fourth intrusive granite is the source and maybe host to the molybdenite mineralization particularly in the Newton Creek area. This granite is strongly altered in at least one area to an almost wholly orthoclase feldspar rock that is highly fractured and mineralized with molybdenite both in regular fracture planes and in shattered irregular breccias or close fractures.
In 2012, a late summer work program by Arrowstar Resources Ltd. comprised rock sampling (43), mapping and general reconnaissance. Exploration work done in 2013 showed that the molybdenum soil anomalies on the lower slopes were transported soils lying on fresh unmineralized intrusive bedrock. In 2015, Barkley Resources Ltd. conducted mapping and geochemical soil sampling traverses in the Newton Creek area.
Further mapping and prospecting work conducted in 2017 led to the discovery of the Newtown Canyon showing, where significant fine grained molybdenite is associated with sericite in fresh fracture blocks off the Newtown Creek canyon walls (Assessment Report 37456).