The Lilo showing is located approximately 43 kilometres southeast of Cranbrook.

In general, the Frankie area is underlain by undivided Helikian Upper Purcell Supergroup sedimentary and volcanic strata which correlates with the Dutch Creek formation (MapPlace digital geology). The undivided strata include rocks of the following formations: Nicol Creek, Sheppard, Gateway, Phillips, and Roosville. Locally, the property is underlain by dolomite of the Gateway Formation, which in some areas has become weakly silicified with patches of sulphide mineralization. The mineralization occurs as malachite and chalcopyrite with cubes of iron pyrite.

The Lilo property was staked in 1990 after a regional prospecting program indicated anomalous values in copper, mercury, and arsenic. In 1991, South Kootenay Goldfields Inc. completed reconnaissance prospecting on the LL 1-12 (Lilo property) claims. Sample 52211 assayed 0.98 per cent copper and 3.4 grams per tonne silver (Assessment Report 21726). Bapty (1991) reported azurite and chalcopyrite in narrow bedding-parallel fractures in black argillaceous siltstones as well as calcite veins with two grab samples (52487, 52488) returning assay values of 0.24 per cent and 0.25 per cent copper (Assessment Report 21726).

WORK HISTORY

During 1988 through 1990, South Kootenay Goldfields completed a program of soil, silt and rock sampling, geological mapping, 708.1 line-kilometres of combined airborne electromagnetic and magnetic surveys, a 21.75-line-kilometre VLF-EM survey, a 30.8-line-kilometre induced polarization survey, ground magnetic surveys, and 23 diamond drill holes, totalling 2710.9 metres (Assessment Reports 19965, 21082, 21294).

In 2020, Aeonian Resources Ltd. conducted prospecting and rock sampling on their Koocanusa Project, including the MINFILE showings: Gold Creek (082GSW022), Frankie (082GSW034), Lilo (082GSW076), and Twin 5 (082GSW090) (Assessment Report 39692).

In 2021, Aeonian Resources Ltd., conducted an exploration program on their Koocanusa project which covered the following showings: Gold Creek, Frankie, Lilo, and Twin 5 (Assessment Report 39966). Aeonian established a soil sampling grid immediately north of the Twin 5 showing (082GSW090), conducting a soil survey (98 soil samples), rock sampling (collecting 48 samples) and completing 10 kilometres of magnetic surveying. In 2021, outcrop in the Lilo area was noted as dolomite, mudstone, shale, and phyllite (Assessment Report 39966, Figure 5.2.1).

See Twin 5 (082GSW090) for related geological details.