The Goldswarm showing is located on a ridge top, 7 kilometres east from the head of Hastings Arm (mouth of Kshwan River), Observatory Inlet, 37 kilometres southeast of Stewart, B.C.
The orogenic class of gold deposit is defined here as syn-tectonic quartz-carbonate veins and wall rock replacement associated with regional-scale faults. Orogenic ores form at convergent plate margins in accretionary and collisional orogens. Orebodies are surrounded by carbonate-sericite-pyrite alteration. Au, Ag, Sb and As are enriched in the ore fluids. W, B, Te, Se and Bi may also be enriched in the ores.
The Goldswarm zone outlined in 2018, measures 450 metres by 150 metres within a gossanous west-north-west trending structure visible over a 1200 metre strike. Goldswarm has been characterized by a west-northwest trending steep vein/fault system that occurs within a wider (approximately 30 to 50 metre) structural alteration corridor that has been traced on surface for one kilometre. Several rock samples obtained during the J2 Syndicate Holdings Ltd. /Goliath Resources Ltd.) 2018 exploration program on their Golddigger property returned anomalous values in Au, Ag, Cu and Pb (Assessment Report 37783).
2018 exploration works on the Golddigger property focused on areas east of Hastings Arm. Highlights include discoveries of multiple breccias, stockworks, and veins containing high grade gold and polymetallic mineralization. Exploration focused on extensive areas of recent glacial and snowpack abatement. Both an airborne magnetics survey and a LiDAR survey were completed on the property. The magnetic data shows multiple linear magnetic low breaks, one of which is correlated very well with the Goldswarm structural trend. The magnetic linear break on Goldswarm defines a strong five kilometre-long northwest tredning magnetic break that is believed to be associated with the gold mineralization observed at Gold Swarm. One hundred and seven (107) chip/grab samples and twenty-one (21) channel samples were collected during the 2018 field season.
