The Red 32, 34 occurrence is located about 20 kilometres south-southeast of Stewart and covers a nunatak jutting through the Cambria Icefield.
The showing is underlain by volcanic rocks of the Lower Jurassic Hazelton Group. Numerous quartz/calcite veins, stringers and stockwork zones are present in platy andesitic tuffs and flows exposed over a roughly 300 by 200 metre area. Sericite altered volcanics form narrow envelopes to the quartz systems. Veining varies from a few centimetres up to 2 metres in width and is generally barren of mineralization. Coarse pyrite occurs as seams, pods and lenses in the quartz, usually in sparse amounts. The veins have two direction patterns: the majority trend 350 degrees while some trend at 280-290 degrees. Dips are variable from 45 to 85 degrees to the south and southeast. The veins pinch and swell over short distances but show continuity over great lengths. Rock samples of the vein mineralization analysed up to 21.6 grams per tonne gold (Assessment Report 23886).
About 300 metres to the west of the quartz veins, chalcopyrite and bornite mineralization occurs in two different locations. The first location consists of blebs of mineralization associated with carbonate alteration along the contact with two hornblende porphyry dikes. The zone is exposed over a strike length of 35 metres and a width of 20 metres. Intrusions consist of dark grey to black, fine grained hornblende-bearing dikes, generally 2-3 metres in thickness. The second occurrence consists of stringers and seams of bornite and chalcopyrite in a poorly exposed quartz/calcite vein. The vein is 1 metre wide, trends 044 degrees and exposed over a strike length of 5 metres. Rock samples analysed up to 7.9 per cent copper and 253.6 grams per tonne silver (Assessment Report 23886).
In 1994, prospecting by Teuton Resources Corp. along the southern margin of a nunatak led to the discovery of quartz-calcite veins and 115 reconnaissance rock samples were taken during the program. In 2006, a helicopter-borne AeroTEM electromagentic and magnetic geophysical survey was carried out over the Bud property on behalf of Teuton Resources Corp. and a total of 89 line-kilometres flown.
