The Ballarat showing is located 48 kilometres west of Edgewood near the headwaters of Fire Valley Creek. The showing is the extension of the Paladora (MINFILE 082LSE008) occurrence, located approximately 350 metres to the north west.

The area is underlain by granite and granodiorite of the Jurassic Nelson Intrusions. Occasional quartzite and basalt of the Devonian to Triassic Harper Ranch Group occurs in the area.

A tunnel was driven for 9 metres exposing a well-defined vein 1.2 to 1.8 metres wide. Samples assayed approximately 45 grams per tonne gold (“$30 gold per ton”) and "fair values in silver and copper" (Minister of Mines Annual Report 1902). This showing is noted on Geological Survey of Canada Open File 637 as a gold-silver-copper vein. No other information is available.

In 2006, 11 grab samples of tailings assayed from 4.35 to 134.34 grams per tonne gold and 0.1 to 332.5 grams per tonne silver (Assessment Report 28613).

The first reference to this property is in 1900. By 1902, a 9- metre tunnel had been driven on the vein. The Paladora (Lot 2153) and Meadowview (Lot 2152) claims were Crown granted in 1905. In 1983, Tylox Resources completed a program of prospecting and geochemical sampling on the area as the Au 1-2 claims. In 1985, prospecting was conducted on the area as the Golden Marten 1-2 claims and an unsuccessful attempt was made to locate the old workings. In 2006, the area was prospected as the Ballarat property. Four shafts, two of which were still accessible to a depth of 9 metres, were identified at this time. In 2012 and 2013, the area was prospected and sampled as the Kannika claims.