The Midas placer gold occurrence is located on a west flowing tributary to the Ingenika River, 5 kilometres southeast of the McConnell Creek placer occurrence (MINFILE 094D 007).
The area is underlain by Upper Triassic volcanic rock of the Takla Group which have been intruded by Middle Cretaceous quartz diorite.
There is very little information available on this occurrence. It was described as placer gold workings in 1973 by Canadian Superior Exploration Limited (Property File - Canadian Superior Exploration Limited, company files and maps, c. 1973).
Work History
In 1973, Union Miniere Exploration and Mining Corp. Ltd. completed a program of soil sampling and a 11.0 line-kilometre ground magnetic survey on the area immediately southeast as the Bow claims. The following year, a single diamond drillhole, totalling 62.0 metres, was completed.
In 1980, Du Pont Canada Exploration Ltd. conducted a geological mapping and soil sampling program on the area immediately southwest as the IKA 1-2 claims.
In 2007, Serengeti Resouces Inc. carried out a high resolution magnetic and radiometric survey over the property (Assessment Report 29768). The most west-northwestern part of the survey covered the Midas area.
In 2008 and 2009, a limited induced polarization (IP) and magnetic survey was conducted on the Nik and the Fleet claims on behalf of Serengeti Resouces Inc. Although the results on the Nik were complicated by the strike direction three zones of higher chargeability were observed generally trending northwesterly across the lines, while a wide zone trending in the same direction was detected on the Fleet (Airborne MagNetic Survey Maps (Fleet Project)), Assessment Report 31136). The Midas occurrence and some of the headwaters of the creek were covered by the geophysics survey completed on the Fleet property.
In 2021, Wedgemount Resources Corp. completed a program of geochemical (rock and soil) sampling and spectral analysis on the area as the regionally extensive Cookie property.