The Golden Rule area is underlain by limestone of the Lower Cambrian Badshot Formation and metasediments of the Cambrian to Devonian Index Formation (Lardeau Group) consisting of schist, phyllite, quartzite, slate and limestone.

The stratigraphy in the area Golden Rule Crown-granted claim consists of alternating bands of limestone, schist and argillite. Superficial workings, including a short tunnel at about 2070 metres elevation develop a sheared, silicified zone in limestone near the contact with argillite. The mineralization is irregular, consisting chiefly of stringers and disseminations of galena associated with quartz and siliceous phases in the limestone. A sample of selected ore from the tunnel assayed 1.71 grams per tonne gold, 2221.73 grams per tonne silver, 64.7 per cent lead and 2.6 per cent zinc (Minister of Mines Annual Report 1928, page 310). The claim was acquired by J.M. Ennes and G.S. McCarter around 1928 and some further prospecting was done.

The Golden Rule is adjacent the Blue Jay group (082KNW079). Please refer to the Blue Jay for details of the common property history after 1980.