The Coronation property is located on Memphis Creek, at the elevation of about 1100 metres, at 6.5 kilometres north-northeast of Slocan. Access is about 2 kilometres by road up Memphis Creek from the Slocan highway.
The property comprises the Coronation and Memphis claims staked in 1896. About 2 tonnes of ore are reported to have been shipped and to have carried between 19 and 20 per cent lead and as much as 13,000 grams per tonne silver. Development consists of a lower adit, 45 metres in length, and a shorter upper adit, 15 metres above, driven in easterly from the bank of the Memphis Creek. The lower tunnel is in sheared, coarse grained Nelson granite following a quartz vein, up to 0.3 metre wide, and stringers dipping 65 degrees north. The vein contains many fragments of wallrock and some galena, sphalerite, pyrite, native silver, calcite and siderite. A small basic dike forms part of the footwall. At 27 metres from the portal, two slips striking 008 degrees, dipping 80 degrees west, offset the course of the tunnel about 2 metres to the north. At this intersection of slips and quartz stringers, small clusters of highgrade ore were found. A sample of tetrahedrite- bearing ore from this location assayed 2.1 grams per tonne gold and 6000 grams per tonne silver.
In 1988, Yukon Minerals Corporation conducted soil and rock sampling, and geological mapping in the area. A sample from the Coronation dump assayed 0.4 gram per tonne gold, 2414 grams per tonne silver, 1.2 per cent lead and 10.9 per cent zinc (Assessment Report 18603).