The Georgia No.2 occurrence is located on the ridge separating Qualark (Hillsbar) Creek and the north fork of Siwash Creek, west of Spider Peak, at an elevation of approximately 1310 metres.

The Spider Peak area is underlain by a pyritic sequence of volcanic greenstone assigned to the Early Triassic Spider Peak Formation, which separates Early and Middle Jurassic Ladner Group sediments to the east from ultramafic rocks of the Coquihalla serpentine belt and the Hozameen fault to the west.

Locally, an open cut has reportedly exposed an east-striking, north-dipping fault cutting massive Spider Peak greenstone. This fault hosts disseminated arsenopyrite and pyrite.

A small quantity of ore (less than 2.27 tonnes) is reported to have been shipped to the Tacoma smelter from this location. One account suggests that this ore assayed $9 (14.93 grams per tonne) in gold (Geological Survey of Canada Summary Report 1929, Part A, page 169A), while another reports that 1151 grams of gold were recovered from 1 ton (0.9 tonnes) of ore (Ministry of Mines Annual Report 1925, page A167).

During 1975 through 1978, programs of soil sampling, geological mapping and a 2.0 line-kilometres ground magnetic survey were completed on the area as the Norm claims. During 1976 through 1982, Carlin Mines completed programs of rock, soil and heavy mineral sampling on the area. In 1983, Bearcat Explorations completed a program of diamond drilling, totalling 141 metres in four holes, and geochemical sampling on the area. In 2000, Hillsbar Gold completed a program of geological mapping on the area as the Flo-Gold claim.