The Valley (Area 18) occurrence is located in the western headwaters of Dion Creek, a tributary of Charcoal Creek, at an elevation of approximately 1410 metres.

The area is underlain by schist and amphibolite of the Hadrynian and/or Paleozoic Silver Creek Formation (Mount Ida Group). These have been intruded by Cretaceous granodioritic intrusive rocks to the south and east.

Locally, carbonate altered argillaceous rocks and a mafic dike host sulphide-bearing quartz veins and stockwork. In 2010, a sample (BF-1) assayed 288 grams per tonne silver and 0.672 per cent lead (Assessment Report 32613).

In 2016, a sample (258), taken approximately 1.2 kilometres to the northwest, assayed 1.01 per cent lead (Assessment Report 36202). No description of the sample was given.

In 2005 and 2006, the area was prospected as the Valley claims. During 2010 through 2016, the area was prospected and sampled as the Blackfly Gulch property.