The showings, discovered in 1906 by R.J. Leckie, are located 0.8 kilometre south of Collison Bay at an elevation 85 metres.

An adit was driven in 1907 for 10 metres; at 6.4 metres it cut obliquely a 1.2-metre zone of pyrrhotite containing values in copper, gold and silver. Mr. Leckie and associates in 1908 bonded 3 claims, the Meal Ticket, Treasure Vault, and Cash Box (Treasure Box), to the Trethawey Bros. but no development work was reported at that time. The claims were held from 1910 by Moresby Island Mines, Ltd. although there is no record of this company as a Canadian incorporation. The Meal Ticket (Lot 2011 G 1) and Cash Box (Lot 2012) were Crown-granted to the company in 1914. It was reported in 1915 that the Treasure Vault claim had been Crown-granted to Collision Bay Mining Company, Limited.

The Meal Ticket group, consisting of the Meal Ticket, Treasure Box, and Treasure Vault claims, was owned from about 1918 to 1926 by George D. Scott, of Vancouver. No work was reported during this period.

Falconbridge Limited sampled on the property in 1985.

Volcanics of the Vancouver Group, Upper Triassic Karmutsen Formation are overlain by limestone of the Jurassic to Triassic Kunga Group.

A near horizontal tabular lens of magnetite with a thickness from 1 to 2.5 metres and a strike length of 60 metres occurs within feldspar porphyry. Associated with the magnetite are variable amounts of chalcopyrite, pyrrhotite and pyrite.

A grab sample from the adit assayed 4.55 grams per tonne gold, 35.0 grams per tonne silver and 5.88 per cent copper. A 2.6-metre channel sample from a trench 40 metres to the northeast assayed 1.20 grams per tonne gold, 8.5 grams per tonne silver and 2.47 per cent copper (Assessment Report 14189).