The Marguerite occurrence is located west of Greyhound Creek at an elevation of approximately 1000 metres.

The area is underlain by chert, limestone, siliceous argillite and siliclastic rocks of the Devonian to Permian Knob Hill Group and undivided sedimentary rocks of the Triassic Brooklyn Formation, which have been intruded by granite and granodiorite of the Cretaceous Greenwood stock (Anstey pluton).

Locally, waste rock from a former shaft contains pyrite and malachite.

During 2008 through 2012, Grizzly Discoveries Inc. completed programs of rock and soil sampling, geological mapping, ground geophysical surveys and diamond drilling on the area as the Motherlode portion of the Greenwood property.

In 2009 and 2010, two samples (09BMP111 and 10JHP018) of waste rock from a shaft assayed 1.165 and 1.055 grams per tonne gold, 51.3 and 39.1 grams per tonne silver with 1.16 and 1.48 per cent copper, respectively (Dufresne, M. (2013-11-25): Technical Report for the Greenwood Gold Project).