The Taylor Brook Property and volcanogenic massive sulphide horizon has been explored by Stratabound Minerals Corp since 1987.
In 1977, Consolidated Morrison conducted an input airborne geophysical survey that identified a coincident EM and magnetic anomaly. Diamond drilling intersected the Taylor Brook base metal sulphide deposit. Follow up drilling by Sabina (1978) and Granges (1986) expanded the deposit but failed to intersect significant grades of zinc and lead.
Stratabound Minerals Corp. acquired the exploration rights to the property by entering into an option agreement in 1988. The historical exploration work was compiled and a new exploration initiative was begun. The program included line cutting, prospecting, horizontal loop EM, magnetic and extensive Induced Polarization (Dipole-Dipole resistivity) surveys. A trenching program was undertaken in the summer and lead to the delineation of a broad area of base metal sulphide mineralization near surface at the western end of the known mineralized horizon. This was interpreted to be a complex re-folded structure that may hold potential for increased grade. Teck Exploration Ltd optioned the property in 1991 and completed geological mapping and lithogeochemical surveys. Two drill holes were added to test the depth extent of the original deposit and yielded disappointing results.
In 2011, Stratabound Minerals commissioned Tetra Tech Wardrop to complete a Preliminary Economic Assessment (PEA) and Resource Estimates on their 100% owned Captain, CNE and Taylor Brook Deposits. Tetra Tech concluded that the Taylor Brook deposit warrants further investigation and development. Tetra Tech recommended that additional drilling be conducted to further investigate and develop the known Taylor Brook deposit. The deposit has not been delineated laterally to the northwest/west. The deposit requires additional work to determine if the continuity of geology and grade continue at depth and laterally to the east. Tetra Tech recommended a definition drill program of approximately 2,900 m.
Additional exploration was conducted in 2012, 2014 and 2016 that increased the level of further exploration and developing the property. Diamond drilling in 2016 intersected the two mineralized horizons that were delineated in DDH 14-39. This further increased the mineralized horizon approximately 75 metres to the south.
Jaeger Resources Corp. optioned the property from Stratabound in 2017 and initiated exploration.