The Goats showing is located 6.5 kilometres northwest of Olalla, British Columbia near the headwaters of Olalla Creek.

The regional geology of the area consists of a series of Carboniferous to Triassic volcanic and sedimentary rocks that have been intruded by Jurassic granitic Okanagan intrusions. Larger intrusions are composed of granite and granodiorite, while smaller stocks are composed of diorite and gabbro. Numerous sills, dikes and apophyses are associated. Carboniferous to Triassic rocks are assigned to the Shoemaker and Old Tom formations. These rocks form the eastern limb of a large anticlinal fold with fold axes striking roughly north and are overlain the Upper Triassic Independence Formation.

The showing is underlain by massive and pillowed basalts of the Old Tom Formation with minor pods or lenses of white to grey recrystallized marble and massive chert.

In 1968, Monarch Metal Mines Ltd. conducted exploration on the Goats 1-6 and Mons 5-18 claims. Exploration consisted of trenching and bulldozer stripping on shear hosted, galena bearing, quartz veins. Cominco Ltd. conducted exploration to the immediate east on the Hex 1-8, Paychex and Deanna 1-5 claims in 1984. The occurrence lies near a contact between Old Tom Formation volcanics and metasediments of the Shoemaker Formation to the east, and near an east-trending fault within the Old Tom Formation.