The Laboucane occurrence is located on a southwest facing slope, south of Rose Pass and at an elevation of approximately 2000 metres.

The area is underlain by phyllite, quartzite and grit of the Upper Proterozoic Horsethief Creek Group (Windermere Supergroup) and quartz arenite sedimentary rocks of the Middle Proterozoic Mount Nelson Formation (Purcell Supergroup). These have been intruded by a steeply dipping quartz feldspar porphyry dike.

Locally, a gossanous, graphitic phyllite hosts pyrite, chalcopyrite and sphalerite mineralized quartz veins.

In 1991, dump samples (83282 and 83286) yielded up to 2.65 per cent lead, 0.72 per cent zinc, 2.44 per cent copper and 204.2 grams per tonne silver, while a 10 centimetre wide sample (83280) of quartz vein material assayed 7.67 per cent lead, 0.18 per cent zinc and 148.7 grams per tonne silver (Assessment Report 22097). Also at this time, a 1.0 metre channel sample from the shaft assayed 0.60 per cent lead, 0.21 per cent zinc, 0.48 per cent copper and 39.7 grams per tonne silver (Assessment Report 22097).

The area has been historically explored in conjunction with the nearby Humbolt (MINFILE 082FNE047) and Rose Pass (MINFILE 082FNE111) occurrences. Historical workings consists of a shaft (Laboucane) of unknown age, which likely dates to the late 1890’s or early 1900’s. During 1989 through 1991, South Kootenay Goldfields completed programs of rock and soil sampling and geological mapping on the area as the Lapointe Creek property. In 2008, a minor program of rock sampling and prospecting was completed.