The Two Goat occurrence is located on the north side of Little Oliver Creek, approximately 2.3 kilometres from the creek mouth on the Skeena River and 40 kilometres northeast of Terrace, B.C.
The area is underlain by volcanic rocks of the lower Jurassic Upper Telkwa Formation (Hazelton Group). The strata, which dips gently eastwards, consists of a lower, massive rhyolite unit; a diabase-basalt unit; a 20 to 50 metre thick fractured, rusty, buff-coloured rhyolite unit; and a massive, mauve- coloured rhyolite unit.
Mineralization, consisting of malachite, chalcopyrite and pyrite, occurs mainly in the fractured, rusty, buff-coloured rhyolite unit above the diabase. It occurs mainly in four zones over a 1000 metre strike length and is associated with fractures and shears up to 1 metre wide.
In 2009, two samples (OL0015 and OL0017) assayed 0.152 and 0.014 grams per tonne gold, 20.5 and 12.9 grams per tonne silver and 0.739 and 0.527 per cent copper, respectively (Assessment Report 31303).
In 1980, the area was prospected as the Two Goat 1-4 claims. In 2008 and 2009, programs of prospecting and geochemical sampling were completed on the area as the Oliver North and Little Oliver properties.
The Oliver property containing the Two Goat showing and the Oliver North showing (Minfile 103I 243) was staked in 2017 by D. Rishy-Maharaj. Prospecting and rock sampling (10 samples) over the Two Goat showing was achieved in the spring of 2018. Results from the rock sampling program were highly anomalous for both copper and silver, up to 2.94 per cent Cu and 133 grams per tonne Ag respectively, and weakly anomalous for gold, up to 0.152 g/t Au. The rough dimensions of the mineralized area, as determined by the May 2018 sampling, are roughly 500 metres strike length east-west, with a poorly constrained horizontal thickness of mineralized rhyolite and diabase, estimated to be at least 100 metres (Assessment Report 37700).