About Silver Grail
Pioneering mineral exploration in BC's Golden Triangle
Dino Cremonese, Silver Grail's President since 1986
The Early Years
1970s - The Foundation
The Early Years
Dino Cremonese graduated from UBC with degrees in Applied Science (1972) and Law (1979). His career in exploration began with the discovery of the "Dino" vein in 1979, which would set the course for a distinguished career in mineral exploration.
Our Story: A Legacy of Discovery
The Beginning (1979)
The beginning was 1979 when I found the "Dino" vein for Cusac Industries in the Cassiar region. That vein was small but very rich, the first sample ran 80 oz/ton gold over two feet—Cusac stock subsequently rose from $0.20 to over $10.00 a share. After that I was hooked on prospecting, but I didn't want to work for anyone, I wanted to find things on my own.
The Method
The first thing I did was extensive "research", lots of it. I went to the library and read everything: geological reports, government publications, periodicals, maps, even microfiche copies of old newspapers. That told me where to look. Then I went out in the field and staked some properties based on what I had read. Two of the properties became major gold discoveries.
Treaty Creek Discovery (1984-1985)
23.37 Million Ounces AuEq
Exploration always started with taking stream sediment (silt) samples. Back in 1984-1985 at Treaty Creek (70 km north of Stewart, BC) the first thing I did after staking was the collection of a large silt sample at the base of Treaty Glacier. It ran 0.51 g/t gold, a very anomalous result suggesting a gold source up-glacier. It took a while before we got any kind of gold values in rocks to explain that highly anomalous silt sample—the property was farmed-out five different times—but it eventually happened. In 2016, the property was joint ventured to Tudor Gold, headed by Walter Storm. In 2019 he hired Ken Konkin, award-winning geologist, to head up his program. In 2023 a third resource estimate was published by Tudor Gold showing an Indicated Mineral Resource of 23.37 million ounces (Moz) of gold equivalent (AuEq)—considered one of the largest gold discoveries in the world during the last ten years.
Red Mountain Discovery (1988-1989)
783,000 Ounces Gold
A similar thing happened at Red Mountain, 15 km east of Stewart. I staked that property in 1988 and then took a number of samples from a creek draining a large gossan at higher elevation. The samples all registered very high values in gold, silver, copper and zinc, suggesting a large mineralized source upstream. That source was discovered next year in 1989 and now, 36 years and over $60 million later, Red Mountain is awaiting a start-up decision from owner Ascot Resources. The deposit received provincial and federal approval for production in 2019 and has a measured and indicated resource of 783,000 ounces gold. It is smaller than Treaty Creek but higher in grade.
Current Focus: Ram Drilling (2025)
1,000m Drilled
Serendipitously, I am now back in the Red Mountain area drilling a property that adjoins directly south called the "Ram", jointly owned by Silver Grail and sister company Teuton Resources. As of late August, 2025 we have drilled close to 1,000m on the Malachite Porphyry and Mitch zones which have features of both porphyry deposits and VMS deposits. Earlier surface sampling showed good grades in copper and gold and one could say there are definite similarities to the situation at Red Mountain itself.
Although we have no assay data yet, early indications from observing core are that the two Malachite Porphyry holes drilled to date both have pyrite and pyrrhotite mineralization occurring in numerous quartz veinlets in zones which sometimes have red sphalerite on their boundaries. The two Mitch zone holes have abundant massive sulfide intervals consistent with, and occasionally stronger than, what has been observed on surface.
The Golden Triangle Portfolio
Strategic Red Line Positioning
Our many other properties in the Golden Triangle region have a variety of mineralized zones all of which contain significant potential. On the Konkin Silver, for instance, a number of high-grade silver intervals were trenched in previous years, several of which will soon be revisited because of the recent increases in the price of silver. Perhaps the most promising is the Clone property situated west of the Ram. A new area on this property has been explored during the last two years revealing a number of high-grade, gold-bearing cross structures occurring within a wide area containing anomalous copper rock geochemical samples. Both the Ram and the Clone (as well as the Golddigger zones) are all found in close proximity to the "Red Line", a contact zone between Triassic and Jurassic age rocks which has been shown to be an important marker for large-scale porphyry deposits in the Golden Triangle.
Dino Cremonese, P.Eng
President & CEO, Silver Grail Resources
1AuEq g/t = Au g/t + (Ag g/t*0.0098765) + (Cu ppm*0.0001185)