The Whip 1 showing is located on Corral (Forty-one Mile) Creek, 1.3 kilometres northwest of the creek's confluence with Whipsaw Creek, and 28 kilometres southwest of Princeton.

The showing is hosted in medium to coarse-grained, variably gneissic, biotite quartz diorite of the Late Jurassic to Early Cretaceous Eagle Plutonic Complex, about 2.5 kilometres west of metamorphosed volcanics of the Upper Triassic Nicola Group.

A quartz vein containing galena, sphalerite and pyrite is exposed over a length of 1 metre in the bank of Corral Creek. The vein strikes 020 degrees. A high-grade section of mineralization, 17 centimetres thick, occurs along the footwall of the vein. The wallrocks are silicified up to 30 centimetres from the vein. Minor fine-grained galena, sphalerite and pyrite accompanies this silicification. A sample assayed 7.5 grams per tonne gold, 374 grams per tonne silver, 0.694 per cent copper, 19.3 per cent lead and 11.4 per cent zinc over a width of 13 centimetres (Assessment Report 8005, page 5).