The Deer Cove trend is located in the northern part of the Point Rousse Project and defined by the alignment of numerous gold occurrences with a significant structure referred to as the Deer Cove thrust fault and extends for at least 3 km. The Deer Cove trend includes a suite of 16 showings and prospects, as well as the Deer Cove Main Zone, a small vein style deposit. Mineralization is generally hosted within the mafic volcanic hanging wall of the thrust fault within the Betts Cove Complex.
The Deer Cove Deposit and similar prospects and showings associated with the Deer Cove trend are hosted within mafic volcanic, volcaniclastic and clastic rocks which form the upper part of an overturned, south-facing ophiolite (Gower et al., 1990). To the south the ophiolite abuts talc-carbonate and serpentinized ultramafic rocks along the Deer Cove thrust. This thrust trends approximately east-northeast, dipping 50° to 60° north-northwest and has a south-directed vergence.
Mineralization in the Deer Cove Area is associated with two styles of quartz veining: quartz breccia veins at the Main Zone; and shear parallel, quartz breccia veins at several sites within the cover sequences rocks parallel to and above the Deer Cove thrust. At the Main Zone gold is hosted by discontinuous lenses of brecciated quartz developed within an approximately north-south striking, 45°-55° west-dipping structure that cuts the mafic volcanic and volcaniclastic rocks. Pyrite with lessor chalcopyrite and arsenopyrite occur disseminated in the wall rock, breccia fragments and quartz veins. The zone has been traced by trenching and diamond drilling over a 500 m strike length but is still open along strike to the north and down-dip.