The Simcoe showing is located on the Simcoe crown grant (L.4145) on Logan Creek south of the Silbak Premier mine, 22 km north of Stewart, B.C. For a more extensive bibliography and geological description refer to the Silbak Premier mine (104B 054).

The area is located in the Intermontane Belt, bounded on the west by the Coast Crystalline complex and on the east by the Bowser Basin, in the volcanic arc assemblage of the Stikinia Terrane.

The mineralization is hosted by Late Triassic to Early Jurassic Hazelton Group, Unuk River Formation metavolcanics. The Hazelton Group is a northwest trending belt of folded dacite flows, andesite flows, breccias and lapilli tuffs containing a thick sequence of argillites and siltstones infolded along a synclinal axis. The andesite, at least 750 metres thick, is unconformably overlain by volcaniclastic and epiclastic rocks. This sequence is intruded by Early Jurassic Texas Creek dacitic porphyry dykes and granitic Eocene Hyder intrusives.

The potassium feldspar porphyry (historically known as the "Premier Porphyry") is spatially associated with mineralization; this relationship is believed to indicate a Lower Jurassic age for mineralization.

Simcoe mineralization occurs as fine disseminations, narrow discontinuous veins and breccia infillings. Ore minerals include pyrite, sphalerite, galena, and tetrahedrite. Gangue minerals are quartz, potassium feldspar, chlorite, carbonate and others.

Mineralization in this area is closely associated with alteration; the most intensely silicified and re-brecciated rocks generally host the most mineralization. Intense alteration usually occurs in areas of structural weakness near intrusions. Simcoe alteration is comparable to zones bordering or immediately on strike with the Glory Hole area of the Silbak Premier mine. The Simcoe showing is generally more calcareous and sericitic, less siliceous and somewhat less structurally deformed than the Glory Hole ore zones. A channel sample taken over 6 metres in 1986 assayed 0.72 grams per tonne gold and 152.89 grams per ton silver (Assessment Report 15762). The best drill interval was 0.93 grams per tonne gold and 2.91 grams per tonne silver over 3.05 metres (Assessment Report 15762).

In 2010, single sample was collected that yielded good silver (525.0g/t Ag) but gold results were low (Assessment Report 32357).

Work History

In 1986 work by Westmin Resources concentrated on the Simcoe-Pictou (SP) zone, a 700-metre long poorly exposed target area on trend and south of the Silbak Premier Glory Hole zone. Geophysical work was also undertaken on the Northern Light and Hope zones. Work undertaken in 1986 consisted of geological mapping, bulldozer trenching totalling 585 metres, Induced Polarization surveying totalling 20.0-line kilometres, soil sampling (350 samples), rock channel and grab sampling of trenches and outcrops (105 samples) and diamond drilling of 558.98 metres in 2 NQ holes. Drillholes teste IP, soil and rock sample anomalies and favourable altered and mineralized geology in the Simcoe area along line 1550N. The best interval was 0.93 gram per tonne gold and 2.91 grams per tonne silver over 3.05 metres (Assessment Report 15762).

Ascot Resources Ltd conducted exploration on the Dilworth Property in 2007 and 2008 and subsequently acquired the Premier Gold Property from Boliden Ltd under the terms of a 2009 option agreement. Work was carried out in 2009 and 2010 on the properties. One grab sample was collected from the Simcoe in 2010.

See Premier (104B 054) and Yellowstone (104B 039) for details of the Dilworth and Premier properties that were worked on as a single entity.