The LOLA showing is on a forestry road approximately 900 metres south of Shulaps Creek and 2 kilometres west of Yalakom River, approximately 35 kilometres northwest of Lillooet, B.C.

The showing is a 20 metre long road cut consisting of strongly oxidized and weathered siltstone interlaminated with sandstone and locally hosting up to 3 centimetre wide calcite veins. Trace pyrite is hosted in strong ankerite-silica altered zones. The outcrop is 2.2 kilometres southwest of the historic Red Eagle prospect. The northwest-trending Yalakom fault system in the area is adjacent to slices of sedimentary and volcanic rocks thought to have been deposited in a long, narrow, subsiding trough identified as the Tyaughton-Methow Trough (Jeletsky and Tipper, 1968).

In 2019, Talisker Resources Ltd. conducted a geological and geochemical sampling program over their Lola project area, including the Eagle property. Prospecting along ankerite-silica alteration corridors included the collection of 62 rock samples, 32 talus fines and 321 soil samples. Although no gold and silver anomalies were detected, high values of mercury, antimony and arsenic were common. Sample number C0009893, an altered greenstone from the Eagle Mercury prospect, hosting disseminated tetrahedrite, malachite and azurite along fractures returned values of 4140 parts per million mercury, 184.5 parts per million antimony, 5.63 grams per tonne silver, 1310m parts per million arsenic and 1.2 per cent copper (Assessment Report 39157).

In 2021, Talisker continued exploration with the collection of 18 rock samples and 773 soil samples on the Lola property, successfully identifying gold and pathfinder element soil anomalies. Rock sample R0105061 collected from a road cut outcrop 2.2 kilometres southwest of the Red Eagle prospect, south of Shulaps Creek, returned values of 14.35 grams per tonne gold, 1.08 grams per tonne silver, 37,800 parts per million arsenic and 116 parts per million antimony (Assessment Report 40008).

Refer to RED EAGLE (093L 078) for exploration history of the area.