The Argenta prospect is located at 1550 metres elevation above sea level, on a north branch of Hamill Creek in the Slocan Mining Division. The property consists of three Crown grants, Clinton (Lot 1032), Matilda P (Lot 1035) and Butte (Lot 1038). The main workings are on Lot 1032.

Regionally, the area lies within the Kootenay Arc near the margins of the Ancestral North American Terrane. The Kootenay Arc is a curving belt of highly deformed metasedimentary and metavolcanic rocks which includes the Upper Proterozoic Horsethief Creek Group, the Eocambrian Hamill Group, the Lower Cambrian Badshot Formation, and the lower Paleozoic Lardeau Group. The volcano-sedimentary sequence is intruded by numerous Ordovician, Devonian and Mississippian granitoid plutons. The rocks have undergone regional metamorphism to middle or upper greenschist facies (Paper 1993-1).

The prospect is on the western limb of the Duncan anticline within dolomite and limestone of the Lower Cambrian Badshot Formation which forms a narrow complexly folded band that separates micaceous quartzite of the Mohican Formation (Hamill Group) to the east from the phyllites of the Lardeau Group to the west. On the property, the Badshot Formation is overturned, dips at low angle to the northeast and plunges northwest.

The Argenta occurrence consists of two veins located on Lot 1032. The veins strike northwest and dip 55 degrees west. The main vein consists of quartz with pyrite and chalcopyrite carrying silver and minor gold values. The vein occurs in a fissure zone 3 to 6 metres in width. The second vein consists of disseminated pyrite, sphalerite and galena in grey quartz. Both veins are within siliceous dolomite of the Badshot Formation near the contact with the underlying phyllites of the Index Formation (Lardeau Group). The two veins have been explored by trenching and with at least 300 metres of underground workings.