The Kinaskan property, which contains the Coolridge Mountain SW2, is underlain by Upper Triassic, Stuhini Group volcanics and volcaniclastics intruded by numerous small, quartz deficient stocks of Late Triassic to Early Jurassic age. Sulphides with copper-gold and locally molybdenum grades are generally associated with the intrusives and late quartz stockworks. Jurassic Hazelton Group volcanics and volcaniclastics unconformably overlie the Stuhini volcanics. Felsic dikes and small plugs, sometimes associated with auriferous pyrite-chalcopyrite intrude the Hazelton stratigraphy in the northern portion of the property.

A grey, fine grained, bleached and silicified strip of subcrop contains disseminated pyrite and galena. A sample assayed 0.96 per cent lead, 0.31 per cent zinc, 16.8 grams per tonne silver and 0.26 gram per tonne gold (Sample 867783, Assessment Report 33023).

Work History

In the fall of 2009, Brett Resources Inc. carried out a reconnaissance style silt sampling program that successfully identified three multi-drainage anomalies including a gold-zinc anomaly due west of the QC porphyry prospect (104G 033), a gold-silver-zinc-lead anomaly centred on Coolridge Mountain to the northwest and a copper anomaly in the southeastern portion of the property. A single sample gold-zinc anomaly was also identified southwest of the QC prospect.

In 2010, follow-up exploration Brett Resources on their Kinaskan property (owned by Colorado Resources) included detailed silt sampling followed by contour soil sampling, prospecting and rock sampling over the QC West and Coolridge Mountain targets with minimal sampling also conducted south of QC West and around Castle Rock. The work yielded significant multiple sample, multiple element silt, soil and rock anomalies throughout the QC West target but generally weak and scattered soil anomalies from Coolridge Mountain.

In 2011, Colorado Resources Ltd. purchased the claims from Brett Resources. Colorado Resources also acquired the Kittov-01 and Kittov-02 claims from Seeker Resources Corp. to infill the claim block. A limited program of 2 days occurred on the property that saw 12 silt samples collected from drainages.