Gold Mountain Property
The Gold Mountain claims adjoin on the southeast side of Seabridge’s Red Mountain property, about 20km south-southeast of Stewart, BC. In previous years, prospecting by Teuton’s crews disclosed two areas of interest: in the first, a zone of pervasive quartz calcite veinlets, measuring 200 by 300m, was found to carry gold values from a few ppb up to 0.632oz/ton; in the second, chalcopyrite and bornite mineralization are found associated with hornblende diorite dykes.
Silver Grail and Teuton own the property jointly. Interest in the area has been spurred by IDM Mining’s efforts to place the Red Mountain property into production by 2020.