The Black Prince occurrence is located on the north western slopes of Mount Cornfield at an elevation of approximately 1800 metres, near an un-named creek flowing northwest into Lemon Creek.

The area is dominated by granitic rocks of the Middle to Late Jurassic Nelson Intrusions.

Locally, a sub-horizontal quartz veined structure, ranging from 0.05 to 0.90 metre wide, hosts up to 1 per cent course-grained cubic pyrite and rare blebs of galena. Sericite-pyrite alteration of the host monzonite wall rocks ranges from a few centimetres to up to 0.5 metre from the vein contact.

In 2011, a sample (MM2201) of mineralized quartz vein material assayed 71.0 grams per tonne gold, 34 grams per tonne silver and 2.12 per cent lead (Assessment Report 33876).

The area has been explored since 1896 in conjunction with the Alpine Gold (082FNW127) occurrence to the south east. The Black Prince workings consists of a series of 3 small adits along a 170 metre north-south trend as well as minor prospecting pits and small, scattered trenches in an area of limited outcrop. In 2011, Matovich Mining Industries completed a program of geological mapping and rock sampling on the area as the Alpine property.