The Muskateer is on the east side of Ferguson Creek, a southerly flowing tributary of Lardeau Creek. It is approximately 450 metres upstream from the mouth of Mountain Goat Creek.

The early history of the tenure is unknown; however, James Furness, of Beaton, did some surface stripping in 1953 and arranged for 30 metres of diamond drilling to be done the following year.

The Trout Lake area is underlain by a thick succession of sedimentary and volcanic rocks of the Badshot Formation and Lardeau Group near the northern end of the Kootenay arc, an arcuate, north to northwest trending belt of Paleozoic and Mesozoic strata that is now classified as a distinct, pericratonic, terrane. The arc rocks are bordered by Precambrian quartzite in the east and they young to the west, where they are bounded by Jurassic-age intrusive complexes. They were deformed during the Antler orogeny in Devonian-Mississippian time and were refolded and faulted during the Columbian orogeny, in the Middle Jurassic. A large panel, the "Selkirk allochthon", was later offset to the northeast by dip-slip motion along the Columbia River fault.

The Badshot Formation is composed of a thick Cambrian limestone that is a distinctive marker horizon in the Trout Lake area. It is underlain by Hamill Group quartzite and it is overlain by a younger assemblage of limestone, calcareous, graphitic and siliceous argillite and siltstone, sandstone, quartzite and conglomerate, and also mafic volcanic flows, tuffs and breccias, all of which belong to the Lardeau Group. The rocks are isoclinally folded and intensely deformed, but only weakly metamorphosed. They occur as intercalated beds of marble, quartzite and grey, green and black phyllite and schist. Fyles and Eastwood (EMPR BULL 45) subdivided the group into six formations (Index, Triune, Ajax, Sharon Creek, Jowett and Broadview) of which the lowermost (Index) and uppermost (Broadview) are the most widespread. The Triune (siliceous argillite), Ajax (quartzite) and Sharon Creek (siliceous argillite) are restricted to the Trout Lake area. The Jowett is a mafic volcanic unit.

The Muskateer showing is underlain by folded, deformed and schistose rocks of the middle member of the Jowett Formation, which contains sedimentary rocks of both volcanic and non-volcanic origin. The unit contains deformed argillite and limestone, and brown, grey and greenish tuff and volcanic breccia - some of which contains fragments of limestone. The rocks are folded and have an axial plane cleavage that strikes to the northwest and dips at a moderate angle to the southwest.

The Muskateer claims were staked on disseminations and large pockets of massive pyrite and pyrrhotite in phyllite. A sample across 0.61 metre of massive pyrite assayed a trace gold and no silver. Spectrographic analysis of the pyrite and pyrrhotite found only trace amounts of copper and nickel.

During 2006 through 2009, Mineral Mountain Resources Ltd. completed programs of prospecting, geochemical (soil, silt, talus fines and rock) sampling and an airborne geophysical survey on the area as the Kootenay Arc property.