The Jewel Ridge property is located south of the former Ruby Hill gold mine, which was operated by Homestake Mining Company from 1997 until 2002 and produced some 135,000 ounces of gold annually. The property contains a number of historic small gold mines which align along a north-south trending stratigraphic contact as well as several other gold mineralized zones with a variety of structural and lithological controls. In the early 1990s, Homestake drilled 31 holes on a number of gold mineralized targets with the most encouraging values in three holes along the Jewel Ridge zone containing 7.7 grams per tonne gold (g/t Au) over 4.5 metres, 6.3 g/t Au over 9.1 m and 6.7 g/t over 9.1 m.
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