The MS Peg occurrence is located on a southeast-facing slope, west of Matthew Creek, at an elevation of approximately 1200 metres.
The area is underlain by argillites and quartzites of the Mesoproterozoic Aldridge Formation (Purcell Supergroup). These have been intruded by gabbro sills and dikes of the Middle Proterozoic Moyie Intrusions.
Locally, visible gold mineralization is hosted by quartz veins in a northwest-trending shear breccia zone over widths of 1.5 to 2.5 metres. The mineralization is associated with limonite and tourmaline near a pegmatite dike. In 2010, two rock samples (CK09-140 and 141) assayed 5.64 and 21.98 grams per tonne gold (Assessment Report 31614).
Another zone of mineralization, located approximately 600 metres to the northeast, consists of a metabasite(?) with narrow quartz veins and boudins hosting chalcopyrite, malachite and limonite. In 2010, three rock samples (CK09-153 to -155) assayed from 0.134 to 0.434 per cent copper and 1.1 to 3.5 grams per tonne silver (Assessment Report 31614). In 2014, a rock sample (CK14-213) assayed 0.111 per cent copper (Assessment Report 34960).
Work History
In 1971, Kerr Addison Mines Ltd. conducted a regional program of geological mapping and geochemical (soil and silt) sampling on the area as part of the Dewar Creek project.
In 1985 and 1986, Amstar American completed programs of geological mapping, soil and rock sampling and ground and airborne geophysical surveys on the area as the Bootleg and High Peak claims.
In 1994, a program of rock and soil sampling and geological mapping was completed on the area as the Ham claim group by Shaun Hamilton. In 1996 and 1997, Sedex Mining completed programs of soil sampling and a 52.5 line-kilometre gravity survey on the area as the Ham claims.
In 2009 and 2010, Kootenay Gold prospected and rock sampled the area as the MS Peg property. In 2014, the MS Peg property was prospected and rock sampled by C. Kennedy. In 2023, Andris Kikauka conducted a minor program of prospecting and geochemical (rock and soil) sampling on the Peg property.