The Simms Ridge Property is host to numerous mineral showings which have been explored by surface and drilling geochemical methods, and geophysics. The following prospects stand out as the most developed and favourable areas of initial interest for further development:
- Unknown Brook Prospect was discovered by US Borax in the mid- 1980’s and was subsequently drill tested, confirming a mineralized zone running over a strike length of 900m. It was recommended that additional diamond drilling be completed to further delineate mineralization in the Unknown Brook Zone, but that work was never undertaken. Burton in 1987 noted that the area was structurally complex; something which complicated the geology of the prospect, but significantly increased its untested potential. Holes UB-85-01 and UB-85-03 returned intervals of 5m @ 20.5 g/t Au and 0.4m @ 47.4 g/t Au respectively among other significant assay results.
- Browning Mine Prospect occurs in a series of quartz veins which has been traced for approximately one kilometre along strike from the Browning Mine which was the site of the first gold mine in the province of Newfoundland producing 149oz of gold from 1,000 tons of rock in 1903. Diamond drilling completed to date has been shallow and has failed to provide a complete understanding of the mineralization and the host stratigraphy of the prospect.
- Browning West Showing was discovered and subsequently drill tested in 1986. Two diamond drill holes were completed on the prospect, both of which returned intervals of anomalous gold mineralization (2.0m @ 2.670 g/t Au in SA-10 and 2.0m @ 0.26 g/t Au in SA-11). Historically, the prospect has returned elevated gold values in soil, stream sediment, channel, and grab samples. During work carried out in 2012, three float samples of quartz were collected from a stream adjacent to the prospect and returned assays of 16.56, 0.28 and 0.24 g/t Au (Quinlan, 2012).
- Simms Ridge Prospect has been previously explored through a series of soil sampling surveys and trenching/channel sampling which revealed sulphide mineralization in quartz veins and the altered country rock as disseminations, veinlets, and occasional fist-sized bunches. Work carried out in 2012 (Quinlan, 2012) has produced a new, open ended gold soil anomaly, reportedly 100m long and 50-60m wide that has yet to be followed up.
- Additional gold showings in the Wizard Showing, Claim-59 and West Corner Brook define the known extent of potential gold mineralized systems across the Simms Ridge Property, and further property-scale exploration is now required to develop these additional targets for focused exploration across the entire property.