The Hound occurrence is located about 140 kilometres northwest of Germansen Landing and about 14 kilometres southeast of the Ingenika River. The Hound was located on the 1979 diamond drill hole SDH 79-5 (Assessment Report 8213), approximately 5 kilometres south of Fleet Peak. The regional geology is similar to that of the Shred occurrence (MINFILE 094D 111).

The area is underlain by Upper Triassic volcanic rocks of the Takla group, including, a feldspar hornblende crystal tuff and a feldspar porphyry dike. The volcaniclastic unit consists of sandy limestone, fine-grained andesitic tuff, crystal tuff and agglomerate. The limestone bed strikes 140 degrees and dips 76 degrees to the east. The dike is a grey rhyodacite and the contacts with the crystal tuff unit are sheared and brecciated. The breccia fragments are deformed, chlorite altered and rimmed with pyrite (Assessment Report 8213). Ultramafic (pyroxenite-peridotite) to mafic (gabbro) intrusives are also present. In 1979, BP Minerals reported the mineralization at the Hound occurrence on their Shred property consisted of minor amounts of chalcopyrite in quartz-calcite veins cutting a dacitic lapilli tuff (Assessment Report 8213). Pyrite and pyrrhotite mineralization are found associated with these veins.

In 2018-2019, the Little Phoenix Property of Serengeti conducted an aeromagnetic survey which outlined two northwesterly trending magnetic highs in the northern portion of their Fleet claim block. These anomalies can be correlated with intruding ultramafic dikes which are known to outcrop in the area. Mineralization in the vicinity consists of massive pyrite and chalcopyrite lenses within sheared peridotite (Shred showing), small lenses and veins consisting of massive magnetite, pyrite, pyrrhotite and chalcopyrite which cut into serpentinized peridotite (Fox showing), and fine grained dacitic lapilli tuff with associated pyrite and pyrrhotite (Hound showing). A northwesterly trending low appears between these highs and is found in an area of known structural break and could indicate the presence of a fault structure.

WORK HISTORY

In 1973, BP Minerals Limited geologists located gossans along a creek in Wrede Valley, southeast of the Red claims. Talus fines sampling along the creek returned anomalous copper values. Soil sampling in 1974 and 1975 of adjacent land indicated zones anomalous in copper and molybdenum. Geological mapping indicated multiple intrusion in the area, altered and sulphide bearing diorite, peridotite and volcaniclastic rock types.

The SHRED claims were staked by BP in 1976 to secure copper - molybdenum geochemical anomalies in complex geological terrain. Work to date includes line cutting, geochemical survey, geological mapping, ground E.M., I.P. and magnetometer surveys, overburden sampling and in 1979, 110.4 metres of diamond drilling.

In 2018-2019, Intact Gold Corp held the Hound (094D 157), Shred (094D 111), Fox (094D 156), Fisher (094D 160), Inge (094D 161) and Quyzvhx (094D 010) as part of their Little Phoenix property.

In 2021, Wedgemount Resources Corp. completed a program of geochemical (rock and soil) sampling and spectral analysis on the area surrounding area as the regionally extensive Cookie property.

See the Shred occurrence (MINFILE 094D 111) for related geological and work history details.