Historical drilling at the Jeanette target area intersected copper-gold-silver mineralization associated with quartz-sericite-pyrite alteration that locally overprints a propylitic assemblage. Localized potassic alteration is also present, though not necessarily associated with mineralized zones. At the Bowbyes target area, a large area (2,000 x 800 m) of quartz-sericite-pyrite altered intermediate volcanic rock has been mapped by previous operators in the area of Gossan Creek, where numerous NE trending porphyry dikes exist.
Mineralization encountered to date at the Jeanette area consists of chalcopyrite-pyrite as veins, quartz vein-fill and as disseminations within silicified zones. Copper and gold values are intimately associated with historical drill intercepts highlighted by 105 m grading 0.60% Cu and 1.15 g/t Au (DDH J-2010-07, Decade Resources Ltd.). Although chalcopyrite content locally is up to 15%, the predominance of pyrite suggests that a higher temperature chalcopyrite dominant sulphide assemblage is yet to be discovered. Skarn mineralization, consisting of semi-massive chalcopyrite-pyrite-magnetite over short intervals, has been encountered in historical drilling in the southern portion of the property.
Historical exploration includes: 38 diamond drill holes totaling over 6,000 meters; soil, rock and silt surveys; airborne Mag-EM and IP surveys; trenching; and detailed mapping of over 1,000 rock exposures.
During 2017, PEMC completed an exploration program consiting of a soil and bark geochemical survey over the Jeanette target area with four, approximately one kilometre long, lines spaced 100 metres apart. The results of this survey confirmed the presence of anomalous copper in soils and further defined the historical copper-in-soil anomaly outlined by previous operators. The copper soil anomaly at the Jeanette area measures approximately 200 m x 500 m with the majority of the anomaly lying upslope and to the west of the 2010 diamond drilling. As a result, the magnetic anomaly to the east of the 2010 drilling and the copper anomaly to the west of the 2010 drilling are now both priority targets for the 2018 exploration program.
At the Bowbyea area during 2017, prospecting confirmed the presence of widespread alteration associated with anomalous soil geochemistry.