The Smith occurrence is a poorly documented copper-silver showing, located in the Smith claims, 9 kilometres east-northeast of the confluence of Shaw Creek and Smith River, 57 kilometres north of the settlement of Liard River on the Alaska Highway (Assessment Report 11310, Figure 1b).

The region is underlain by Cambrian to Devonian calcareous and siliciclastic sedimentary rocks belonging to Ancestral North America (Geological Survey of Canada Maps 46-1962, 1712A, 1713A). The regional mapping indicates that a major normal fault passes through the claims, juxtaposing Middle Devonian limestone and dolostone to the east against Middle Silurian dolostone to the west. There are no geological details on the property, only a reference to a mineralized zone in quartzite (Assessment Reports 11310, 11318). How this relates to the regional geology is not clear.

Preliminary work on the mineralized zone indicated grades of up to 1.86 per cent copper and 14.4 grams per tonne silver (Assessment Reports 11310, 11318). Follow-up work consisted of soil surveys along strike.