The Red Point claims are along the contact of the Elise Formation and the Rossland monzonite, a similar setting to the gold-copper veins of the Rossland camp. A number of gold-copper showings, similar to those of the rossland camp, occur within the claim area. These include shear zones with gold-copper-quartz veins, massive sulphide veins and skarn mineralization. A number of grab samples of these mineralized veins, taken during the 2004 field season, returned gold values as high as 26, 27 and 40 g/tonne. Previous work, including drilling, had focused on a gold porphyry bulk-tonnage style deposit.

Work by Klondike Gold in 2004 included establishing a grid over the entire area, geological mapping, and both rock and soil sampling. This work discovered several new gold occurrences, helped better define the controls of known mineralization, and defined targets for exploration during the 2005 season. In 2005, a soil survey was completed over part of the property, and identified several copper and gold anomalies.

A 2005 soil grid on the south side of the property outlined a pronounced west-southwest trending gold anomaly overlying the St. Charles vein occurrence. The anomaly is more than 250 meters in length and open to the eat. It parallels the trend of St. Charles, two parallel massive sulphide-gold veins that are similar to the main veins of the Rossland camp. Farther south, a similar anomaly overlies the Cathedral vein, a system of high grade gold-quartz veins. Copper anomalies, although more diffuse, appear to roughly parallel the west to southwest trends of the gold anomalies. The Au and Cu anomalies extend well beyond the trenched exposures and workings that have been identified on surface, and represent high potential exploration targets.