The Gold Canyon occurrence is located on Mount Marshall, approximately 7.5 kilometres east of Burton.

Gold and silver mineralization on the Gold Canyon property is related to strongly altered metasediments and metavolcanics of the Slocan Group, in close proximity to intrusive contacts. Massive sulphide mineralization appears to be in a skarn and/or replacement setting, and gold is correlated with pyrite, pyrrhotite and arsenopyrite.

In the summer of 2000, a road building company controlled by George Buhler, Mickey Jones and Larry Black, uncovered some visually striking massive sulphide mineralization while constructing a forest access road. The owners of the property conducted some very limited surface work including trenching, soil sampling and very preliminary mapping and sampling. The property was optioned to Columbia Yukon Explorations Inc. in 2003. Late in the year, the company drilled six short diamond drill holes focusing on the massive sulphide occurrence on the road. Significant widths of important gold and silver values were intersected within a massive sulphide replacement zone. Important gold values were also encountered within a cherty hornfels with minor pyrite, pyrrhotite, arsenopyrite, and galena. In February of 2004, a total of 182 line kilometers of airborne Dighem electromagnetic/resistivity/magnetic survey was flown over the Gold Canyon property and later 534 soils samples were collected. They are also reported to have carried out trenching and diamond drilling ((396 metres) on its property. In 2005, Columbia Yukon is reported to have carried out a trenching and diamond drilling program (571 metres total) on the property

Highlights of 2003 drilling include: 2.12 metres assaying 37.58 grams per tonne gold and 180.3 grams per tonne silver, including 1.12 metres assaying 70.0 grams per tonne gold and 236 grams per tonne silver, from hole 03GC-6 (Exploration and Mining in BC 2003, page 38). Significant lead and zinc assays are also reported.