The area of the Elephant occurrence is underlain by granodiorite of the Jurassic The Elephant occurrence is located in the head waters of Red Mountain Creek, a tributary of Ashlu Creek.

The area is underlain by granodiorite of the Jurassic Cloudburst pluton of the Coast Plutonic Complex (Geological Survey of Canada Paper 90-1F). A major regional northwest trending shear zone of Cretaceous age, the Ashlu Creek shear zone, occurs to the immediate west.

Mineralization in the area consists of quartz veins, usually vuggy and sometimes sheared, that contain pyrite, chlorite, epidote and occasionally chalcopyrite. Some of the shears, which have a typical strike of 350 degrees and dip of 90 degrees, also contain copper stains and sulphides. A number of rock samples taken on both sides of Red Mountain Creek consisted of coarse-grained diorite, usually associated with quartz veins or copper stains.

In 1988, a sample (88-4) assayed 1.23 grams per tonne gold (Assessment Report 17937). A minor silvery sulphide was reported to occur in this sample.

In 1987 and 1988, the area was sampled and prospected by P. Mazacek as the Elephant claim.