The VG showing lies approximately 320 metres north of the INEL prospect on Inel Ridge, approximately 7 kilometres east southeast of the Johnny Mountain mine, south of Iskut River.

The VG showing of the Inel property is primarily underlain by marine sedimentary and volcanic rocks of the Upper Triassic Stuhini Group. Lower Jurassic andesitic volcanics of the Hazeleton Group overlie the Stuhini rocks and Early Jurassic feldspar porphyritic rock and monzodioritic to gabbroic rock intrude the strata.

The lowest exposed rocks on the property are felsic pyroclastic rocks that are overlain by clastic sediments and interbedded tuffaceous rocks. The sediments are overlain by flows and tuffs of basaltic composition. The coarser clastics appear to be more common toward the south end of the property and are presumed to grade both to the north and stratigraphically upward into black, finely-laminated argillites. These argillites are the host of the gold-bearing intrusive breccia at the AK showing (104B 557) to the north and northwest.

Mineralization in VG zone appears to be associated with either narrow, steeply dipping, high grade vein sets or by broader mineralized intervals which may have a sub-horizontal geometry. Drillholes INDDH17–108 and INDDH17–109 at the northern end of the trend yielded only modest gold values over short intervals. The currently known strike length of the VG Zone is approximately 200 metres. Results include 5.0 metres of 11.43 grams per tonne gold including 2.0 metres of 17.65 grams per tonne gold. (Colorado Resources, News Release, November 6, 2017).

WORK HISTORY

In 2016, Colorado’s exploration program on its KSP property included sampling (990 soil, 511 rock), geological mapping (50 square kilometres), ground geophysics (IP, 10-line kilometres; ground mag, 47-line kilometres) an airborne VTEM survey (126-line kilometres) and 8,862 metres of diamond drilling in 59 holes. Drilling (53 holes) focused around the former Inel underground workings (104B 113).

In 2017, Colorado Resources drilled a total of 11,824 metres in 24 holes at the KSP property. In 2017 Colorado reported that 14 drillholes were completed on the VG zone, the zone being a 300 by 200 metre area.

The 2018 drilling in the Inel area continued to return encouraging results. Inel appears to have multiple styles of mineralization and a complex geological picture (Assessment Report 38707).

Colorado Resources Ltd. announced its name change to QuestEx Gold & Copper Ltd. on September 16, 2020.

See Inel (104B 113) for work history prior to 2016 and further geological details.