The 56 claim Gold Cap property covers over 1,200 hectares and adjoins the northeast boundary of the Kinross' White Gold property. Gold Cap is 100% owned by Pacific Ridge and was staked in 2009 on the basis of an anomalous gold silt sample reported by the Geological Survey of Canada.
Gold Cap covers a geologic setting for White Gold style mineralization, similar to Kinross' Golden Saddle Zone, 6 km to the southwest. During 2009 and 2010, exploration on the property consisted of detailed grid-based soil sampling to test the emerging geochemical trends. The combined results detected a 3km long northeasterly gold-in-soils anomaly. Gold-in-soil values peak at 217 ppb gold.
The anomaly lies adjacent to the Cathy Zone on Kinross' White Gold property and the two soil anomalies may be a part of the same zone. From a regional geological perspective, a major northwest/southeast-trending fault zone proximal to the Comstock gold discovery located 5 km northwest of Gold Cap, may also trend through the Gold Cap claims.
No recent exploration has been carried out on Gold Cap.
Plans for the future include more detailed soils sampling and trenching in order to further define the anomalous gold soil anomaly located adjacent to the Kinross Cathy zone. If then warranted a follow-up program of detailed geophysical surveying would follow in order to define drill targets.