The Lucky occurrence is located on the north side of Ellswick Lake, approximately 4 kilometres north east of Toquart Bay and 23.5 kilometres northeast of Ucluelet, B.C.
The area is underlain by metavolcanic rocks of the Upper Triassic Karmutsen Formation, Vancouver Group. These consist of massive mafic flows that may be amygdaloidal, fine grained or brecciated. Dikes and/or sills of granodiorite, feldspar porphyry and quartz feldspar porphyry outcrop in the area and likely belong to the Early to Middle Jurassic Island Intrusions.
The Red Rover vein (also known as the Lucky vein) is a fault-controlled gold bearing structure. It generally strikes north and dips steeply to the east; at one point it becomes vertical to steep westerly dipping. The vein pinches and swells along strike attaining a maximum width of about one third of a metre. It has been traced along surface for at least 115 metres.
The hangingwall and footwall are composed of sheared brecciated mafic flows, fine-grained flows and one dike/sill of quartz feldspar porphyry. The vein cuts all these rock types. Altered wallrock consists of clays, chlorite, epidote and locally calcite. Pyrite occurs as disseminations in the wallrock.
The vein is composed mainly of quartz, often drusy, and locally calcite pods. Some cross-cutting veinlets are composed of calcite only. The vein is mineralized with small amounts of pyrite and chalcopyrite as well as galena and visible gold. A 31 centimetre drill section consisting of quartz with visible gold and 0.5 per cent pyrite assayed 220.66 grams per tonne gold (Assessment Report 18491).
In 1905, the area was originally staked as the Red Rover Property. From 1920 to 1938, various operators completed some stripping of the main vein and two adits were drivent. From 1972 to 1982, minor exploration programs and sampling of the main vein were completed. In 1983, J. Barakso acquired the property and completed silt, soil and rock chip sampling programs. In 1985, Falconbridge optioned the property and completed exploration programs including 332 metres of diamond drilling. In 1987, Electrum Resources optioned the property to Freemont Gold Corp. and completed programs of VLF-EM and magnetometer surveys, soil and rock sampling and geological mapping. In 1988, Canora Mining joined the joint venture and completed 20 diamond drill holes, totalling 2,087 metres.
From 1995 through 1998, Consolidated Logan Mines Ltd optioned the Lucky Property from Electrum. Work included geochemical soil and rock sampling, a lake sediment survey, an aeromagnetic survey, and 826 meters of diamond drilling in 5 holes on the TOQ zone (AR 24252, AR 24306, AR 24784, AR 25429).
From 1999 through 2011, Electrum Resource Corporation completed small exploration programs consisting of geological mapping, rock chip sampling, and soil sampling. A sample of the main Lucky vein returned values up to 39 grams per tonne gold (Assessment Report 32682).
The 2020 exploration program consisted of foot traverses to re-examine property geology and exploration targets, including known mineralization and the current state of historic workings.
