The Canyon occurrence is located northeast of Leighton Peak, above the Muchalat River, approximately 500 metres northeast of the Dragon showing (MINFILE 092E 072), 22 kilometres northwest of the town of Gold River.
In 2011, a 10 centimetre wide chalcopyrite-pyrite-quartz vein hosted along a fault plane cutting biotite bearing diorite was identified in the canyon below the Falls occurrence. A sample (1552519) assayed 0.558 per cent copper and 9.6 grams per tonne silver (Assessment Report 33308).
The area is underlain by north trending Pennsylvanian-Devonian Sicker Group stratigraphy consisting of altered felsic fragmentals interbedded with volcaniclastic sediments. Silicified and pyritized quartz-eye porphyry intrudes the sequence at lower elevations. The Sicker Group is unconformably overlain by Upper Triassic Karmutsen Formation basalts. Jurassic Island Intrusions intrude the assemblage.
The area has been explored intermittently since 1985 as the Dragon property in search of primarily massive sulphide deposits in the Devonian Sicker Group.
In 2011, Tower Resources, on the behalf of Sidewinder Exploration, completed a program of geochemical sampling and prospecting. This work identified a new polymetallic quartz vein approximately 500 metres below the Falls (CANYON) occurrences and a new zone of widespread and thick jasper-magnetite exhalite mineralization hosted in horizons and lenses 4 kilometres to the southeast.