The Pacifico property contains three streams with very anomalous cobalt geochemistry, suggesting either a number of separate sources or possibly a continuous source. One of the values recorded, 584 ppm cobalt, is the highest of more than 64,000 stream/mossmat samples taken during various British Columbia Regional Geochemistry Surveys taken throughout the province from 1976 to the present. The remaining two samples register in the top 20 of this list.
The extremely high cobalt values are also accompanied by highly anomalous levels of manganese. Cobalt is often associated with manganese as Co is known to partially substitute for Mn in various minerals. Deep seabed nodules containing large amounts of cobalt and manganese are known to occur at many locations throughout the ocean floors but are not yet commercially extractable. Coblalt-manganese oxide minerals such as asbolite occur in Australia, Africa and other parts of the world.
Silver Grail plans follow-up geochemical sampling, prospecting and geological mapping on the Pacifico in 2018, in an attempt to ascertain the source of the geochemical anomalies.
The Pacifico property is located at the northern tip of Vancouver Island, in an area traversed by logging roads.