The MO occurrence is located about 6 kilometres north of Horn Mountain and 17 kilometres east of Highway 37, approximately 28 kilometres southeast of the community of Dease Lake.
The MO showing occurs near the Middle to Late Jurassic Snowdrift Creek pluton which has intruded an assemblage of Upper Triassic to Lower Jurassic volcanic and volcaniclastic rocks. This assemblage consists of grey and maroon plagioclase porphyry, andesite, volcanic conglomerate, tuffaceous mudstone, breccia, rhyolite, minor siltstone and shale. Intrusive rocks comprise biotite-hornblende granodiorite.
Lithologies and geological relationships observed in drill core indicate that the Snowdrift Creek valley bottom is comprised of Upper Triassic Stuhini Group andesitic tuff which is intruded by granitoids of the Snowdrift Creek pluton, and a tabular body of aphanitic, dark, bladed feldspar porphyry. Andesite was only intersected in two locations; elsewhere, intrusive rocks lie directly beneath the overburden. A northwest dipping, anastomosing shear zone underlies and roughly parallels Snowdrift Creek.
Mineralization consists of molybdenite, with less important concentrations of chalcopyrite. Molybdenite occurs in variably altered rocks and is most closely associated with quartz-potassium-feldspar veins. Alteration is highly variable, and in places up to three alteration styles can be seen superimposed. Alteration is not pervasive and some of the rocks with highest concentrations of molybdenum are only affected by quartz plus potassium-feldspar veining, but no textural or mineralogical destruction/replacement. Molybdenum occurs as molybdenite in the following forms: 1) discrete layers in potassium-feldspar plus/minus quartz veins (usually in the very centre, or on the margin of quartz and potassium-feldspar); 2) disseminated in potassium-feldspar plus/minus quartz veins; 3) coating fracture surfaces; 4) disseminated blebs in highly potassium-feldspar and/or sericite altered rock; 5) disseminated in sheared rock. Chalcopyrite is sometimes associated with molybdenite in potassium-feldspar plus quartz veins and on fracture surfaces. While some molybdenite occurs in veins and shear zones in the bladed feldspar porphyry, the main host of mineralization is granodiorite of the Snowdrift Creek pluton. A 0.21 metre intercept in drillhole MO 08-08 yielded 0.11 per cent molybdenum (Assessment Report 30933).
Initial exploration of the MO property was conducted in the early 1970s by Kennco and included property-wide soil sampling, induced polarization, and airborne and ground magnetic surveys. Between 1975 and 1976, Utah Mines carried out advanced exploration including drilling several diamond-drill holes, two of which were located within the western boundary of the property. Between 1977 and 1980, Noranda Mines and Canadian Superior Oil held the property. No assessment work was filed during the period 1975-1980. In 1981, Serrana Resources began a second wave of exploration by staking the Drift claims, and in 1982 they carried out a soil sampling survey.
In 2007, Paget Resources conducted a surface program in an attempt to independently verify the cause of intersecting magnetic and molybdenum soil anomalies on the property. They re-sampled Regional Geochemical Survey (RGS) stream sediment anomalies, attempted to locate subcrop of molybdenum-bearing porphyry, and dug pits in the soil/overburden. Their results duplicated previous geochemical data and located a number of altered and molybdenite mineralized boulders.
In 2008, Paget Moly Corporation completed 2135.2 metres of NQ diamond drilling in eight holes. This work identified a large area of low-grade, averaging less than 0.050 per cent molybdenum, mineralization over an area of approximately 1000 by 700 metres (Bowen, B.K. (2012-07-30): Technical Report on the Galaxie Project). The mineralization is open in all directions, including to depth.
In 2011, Finsbury Exploration Ltd. carried out exploration over the Property as part of a soil and silt sampling program over a much larger 168,983 hectare property area known as the Galaxie property.
In 2012, Quartz Mountain Resources Ltd., on the Galaxie property, conducted systematic soil and induced polarization surveys over eight high-priority grids and two target areas identified by the 2011 stream sediment and soil geochemical results. This work included an induced polarization survey over almost the entirety of title 512878 and the southeastern third of title 604847.