The Goward Lake Option was a small prospecting area for rich sulphide mineralization at the time of discovering the Canada Thomas Mine. Prospecting in this area had all started in 1900, when the International Nickel Company of Canada had staked this claim. It was later optioned the historical Canadian Copper Company who work this prospect, and the Canada Thomas Mine in 1905. The property can be reach by following an old bush trail for a distance of 2 kms towards Goward Lake. Geology within this area is also considered to have mainly been made up of pyrrhotite, and Chalcopyrite.
1940 - International Nickel Company of Canada -Under contract by the Mining, and Smelting Company of Canada.
A contract for exploration purpose was given to the Mining, and Smelting Company of Canada. Stripping of the surface had resulted in the discovery of sulphide mineralizations. Even much of the ground soil at the time was also being largely sampled for gold minerization. Some test pitting was also being establish on this property area at the time. Explorations of the Goward Lake Option had continued till about 1945, when all became abandoned by the International Nickel Company of Canada.
Work in 1997, mainly had consisted of induced polarization/magnetic surveys, and 1:1250 scale geological mapping in the Link Lake/Johnny Creek area, as well as reconnaissance scale mapping in the Boot Bay, and Outlet Bay areas of Net Lake. Also known minerlalized areas would also be geologically mapped, and sampled to better understand the gold mineralization in the area.
Within 1998, INCO had continued to do it modern exploration programs on the Goward Property that included polarization/magnetic surveys and geological mapping. Most of this was done in the existing Falconbridge Area of the Goose Bay, and a new grid at 200 meter line spacing (Verm Grid) in the Kanichee Lake, Net Lake Area. Geological mapping was also done at the Sherman Mine Site and in the Bogie Lake Area in Cassels Township.
A total o eight drill holes, totaling 2,053.8 meters were completed within the time period of conducting further exploratory work in 1998. Four holes were also drilled in the Link Lake area to explore the potential for gold mineralization along the Link Lake Deformation Zone West of Highway11.
During the fall season of 1999, the Verm Grid was extended to cover portionns of INCO patended claims WD257, 258, 259, 260, 265, and 266. This was also followed by a special IP magnetic and geological surveys, mechanical stripping, and Chanel Sampling. The final phase of this work was 676 m of diamond drilling, completed on November, 21, 1999, which tested copper gold showing related to the Net Lake Intrusive.
Geological mapping and drilling at the time had outlined an important target on the INCO claim Group. Fractured well mineralized banded iron formation between sills of the Net Lake Intrusive contained 1.34 g/t gold (Au), 0.53% Copper (Cu), and 18.71 g/t Silver (Ag) over 4.2 m, and 0.88%Copper (Cu) 266 ppb gold (Au), 11.9 g/t silver (Ag) over4.5 meters.