The Dave Price prospect is located approximately 7.5 kilometres south-southeast of the Shasta occurrence (094E 050), some 280 kilometres north of Smithers. The prospect lies within the Omineca-Cassiar Mountains at the southern end of the Toodoggone gold camp. It occurs within a Mesozoic volcanic arc assemblage which lies along the eastern margin of the Intermontane Belt, a northwest-trending belt of Paleozoic to Tertiary sediments, volcanics and intrusions bounded to the east by the Omineca Belt and to the west and southwest by the Sustut and Bowser basins.

Permian Asitka Group crystalline limestones are the oldest rocks exposed in the region. They are commonly in thrust contact with Upper Triassic Takla Group andesite flows and pyroclastic rocks. These Takla rocks have been intruded by plutons and other bodies of the mainly granodiorite to quartz monzonite Early Jurassic Black Lake Suite and are in turn unconformably overlain by or faulted against Lower Jurassic calcalkaline volcanics of the Toodoggone Formation, Hazelton Group.

The dominant structures in the area are steeply dipping faults which define a prominent regional northwest structural fabric trending 140 to 170 degrees. In turn, high angle northeast-striking faults (approximately 060 degrees) appear to truncate and displace northwest-striking faults. Collectively these faults form a boundary for variably rotated and tilted blocks underlain by monoclinal strata.

The Dave Price prospect is underlain by Toodoggone Formation volcanic rocks of the upper volcanic cycle. These consist of a heterogeneous mixture of green, grey and mauve lapilli ash and lesser block tuff, with lesser interspersed ash flows and lava flows and interbedded epiclastics of the Attycelley Member and partly welded, crystal-rich dacitic ash flows of the conformably overlying Saunders Member.

Mineralization consists of a network of quartz-sericite-pyrite brecciated veins in an elliptical-shaped alunite clay cap approximately 600 metres in diameter. Earlier property work identified this clay cap as being part of a jarositic vent rim. Four separate zones of alteration have been identified and collectively comprise the prospect. Pyrite is the only metallic mineral identified within these alteration zones.

In 1971, a rock sample (S9200) from the north edge of a syenite plug hosting minor disseminated pyrite and chalcopyrite, located approximately 1.2 kilometres to the east-southeast, yielded 12.7 grams per tonne silver, 0.140 per cent lead and 0.120 per cent zinc (Assessment Report 3419).

In 1981, samples from quartz veins yielded values of up to 0.22 gram per tonne gold and 3.0 grams per tonne silver (Assessment Report 9889).

In 1983, a sample (DP-83-602) of jarosite gouge with pyritic quartz fragments assayed 0.21 gram per tonne gold and 1.6 grams per tonne silver (Assessment Report 11792).

In 1984, a sample (DP-84-022) from a 6.0-metre-wide zone of fault breccia exposed in a creek to the northwest of the main zone yielded 0.12 gram per tonne gold (Assessment Report 13386).

In 1987, chip samples from a trench exposing a zone of quartz breccia yielded values of up to 0.13 gram per tonne gold and 6.3 grams per tonne silver (Assessment Report 16994).

In 1989, a sample (PD-231), taken approximately 600 metres to the east-southeast of the main zone, assayed 0.15 gram per tonne gold, whereas float samples (FR-82) from the same area yielded up to 0.54 gram per tonne gold (Property File - Delancy, P.R. [1989-10-01]: Final report on the 1989 exploration program Chappelle Property). Also at that time, a sample (CT-6) hosting chalcopyrite taken approximately 1.4 kilometres to the east-southeast of the main zone assayed 0.949 per cent copper and 11.1 grams per tonne silver (Property File - Delancy, P.R. [1989-10-01]: Final report on the 1989 exploration program Chappelle Property).

In 1990, a sample (PR-90-003) of brecciated feldspar porphyry assayed 0.415 gram per tonne gold and 0.082 per cent copper (Assessment Report 20880).

In 2003, a sample (133634) of siliceous rock assayed 0.14 gram per tonne gold (Assessment Report 27442).

In 2004, samples of blasted material from former trenches yielded values of up to 0.13 gram per tonne gold and 6.3 grams per tonne silver (Assessment Report 27760).

Work History

During 1969 through 1971, Kennco Explorations Ltd. completed programs of geochemical (rock, soil and silt) sampling and a ground magnetometer survey on the area as the Chapelle No. 1 and 2 groups.

In 1980, Lacana Mining Corp. completed a program of silt and soil sampling on the area immediately north as the Golden Neighbor property.

In 1981, soil and rock samples were collected on the Artful Dodger claims that had been staked to cover gossanous ground situated adjacent to Duponts Chappelle claims. Some of the work area covered the Dave Price showings. The claims were owned by Lacana Mining Corporation. Also in 1981, Du Pont Explorations Canada Ltd. completed a program of diamond drilling, geological mapping and geochemical (rock, silt and soil) sampling on the area as the Chapelle claims.

In 1983, several field crew on behalf of Western Horizon Resources, spent one day examining the property and sampled with a view to determining the geological environment and to provide samples for possible later petrographic study (Assessment Report 11792).

In 1984, Western Horizon spent 2 days on the Dave Price claim examining the property. Breccia was located and sampled with a view to determining the geological environment. At least 13 rock samples were collected for analysis (Assessment Report 13386).

In 1987, Western Horizon Resources spent one day on the property. A previously located shear zone was blasted open and mapped and sampled. A trench 12 metres long, 2 metres wide and averaging 1.5 metres deep was blasted utilizing dynamite (Assessment Report 16994).

In 1990, Western Horizon conducted work that consisted of geological mapping, silt sampling and heavy media rock sampling (Assessment Report 20880). A study of the alteration was conducted.

In 1998, Sable Resources Ltd acquired the property, including the Black Gossan Area and Clancey Zone.

In 2002, Sable Resources held the Dave Price claim and extended the Black Gossan access road 200 metres towards the Dave Price area before running out of funds (Assessment Report 27127).

See Saunders (094E 017) for details of the Saunders and Swan properties, the latter of which contained the Dave Price occurrence. Some work was done on the Dave Price in 2004 by Stealth Minerals who held the Swan claims from 2003 to at least 2007, the last year they did work on the claims (Assessment Report 27760).

Western Horizons Resources Ltd reported in 2008 that they held the Dave Price property since 1983 as either 100 per cent ownership or in a joint venture with Sutton Resources and Redfern Resources. This is a confusing statement as both Stealth Minerals and Sable Resource claimed some kind of Dave Price ownership in the early and mid-2000s. In 2007, Western Horizons reported a petrographic interpretation done on rock samples (Assessment Report 29794).

In 2020, TDG Gold Corp. completed a 11.9 line-kilometre ground induced polarization survey on the area northwest of Oxide Peak and an airborne geophysical survey on the area as part of the Baker-Shasta-Oxide Peak property.