The Price occurrence is located immediately west of Tupper Lake in the Highland Valley.

The area lies on the eastern flank of the Upper Triassic to Lower Jurassic Guichon Creek batholith and covers the contact between the Guichon and Chataway variety granodiorites which are part of the Highland Valley phase of the batholith. The area around Tupper Lake is underlain by medium to coarse-grained, hornblende-biotite granodiorite. To the west of Tupper Lake these rocks are cut by late-stage aplite dikes. Small grains of chalcopyrite and magnetite are disseminated in the intrusive rocks.

Fault zones host sericitic alteration, malachite staining and copper and molybdenum mineralization. One such zone trends north through Tupper and Gump Lakes.

Locally, bornite and molybdenite occur as thin coatings on fractures in sheared granodiorite. Malachite is also present.

Work History

In 1956, Udd-Ramsey Syndicate completed a program of geological mapping and a 60.4 line-kilometre ground magnetic survey on the area as the Ole and Pat claims.

In 1966, Oro Mines Ltd. completed a soil sampling program on the area as the Price and CN claims. In 1968 and 1969, 37.0 line-kilometres of induced polarization surveys were completed on the Price, CN, Robb, MM and 1N claims.

In 1972, Noranda Mining and Exploration Inc. completed a 15.4 line-kilometre induced polarization survey on the area as the Oro property. Also at this time, a 1112 line-kilometre airborne magnetic survey was completed on the area as the MLM and GCM claims.

In 1976, Cominco Ltd. completed a 19.0 line-kilometre induced polarization survey on the area as the Elf claims of the Gump property.

In 1980 and 1982, Cominco Ltd. completed induced polarization surveys on the area as the Antler, Buck, Elk, Lake and Score claims of the Gump property.

During 2013 through 2016, Christopher and Guy Delorme completed programs photo-geological interpretation and 4.4 line-kilometres of ground magnetic surveys on the area as the Bertha property.

In 2017, a program of prospecting and rock sampling was completed on the area immediately east of the occurrence as the Gump property.

In 2018 and 2019, Granby Gold Inc. completed programs of geological mapping and soil sampling on the area as the Mamit Lake property.