The deposit was discovered in August of 1995 by Esperanza Del Oro. A joint venture to explore the property was offered to Mount Isa Mines (MIM) by Esperanza Del Oro after the initial discovery. MIM drilled 11 holes and Hot Springs Gold Corporation drilled an additional 10 holes. Initial drilling of the property was completed in December of 1997-98 (early drill hole map). From the data collected by MIM, there is a potential gold resource of 308,000 ounces. In addition there is significant recoverable silver and copper.