The Stikine Moly occurrence area is underlain by the Early to Middle Jurassic Pallen Creek pluton of the Jurassic and Triassic Hotailuh batholith. The pluton is a zoned intrusion grading from a porphyritic quartz monzonite core to a granodiorite/diorite margin and intrudes a volcanic-sedimentary succession of the Upper Triassic Stuhini Group. The Stuhini succession is predominantly composed of augite-plagioclase porphyry mafic flows and tuff breccias. The bulk of the pluton is massive, unfractured and barren of alteration or mineralization.
Rare quartz veins and fractures in quartz monzonite contain spots of molybdenite and chalcopyrite, and are limited in areal extent to narrow zones of possible faults or shears. Alteration in these zones is patchy and of low grade and comprises albite, chlorite, sericite, epidote and pyrite.
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 IP surveys over eight high-priority grids and two target areas identified by the 2011 stream sediment and soil geochemical results. This work included an IP survey over almost the entirety of title 512878 and the southeastern third of title 604847.