The Red Point Extension showing occurs 0.5 kilometre west of the Kitsault River, 24 kilometres north of Alice Arm. The area was initially explored for copper earlier this century and this showing is now being evaluated for precious metals.

The area is underlain by a sequence of volcanic and sedimentary rocks belonging to the Upper Triassic Stuhini Group and the Lower-Upper Jurassic Hazelton Group. The sequence is folded into a doubly plunging, north-northwest trending syncline (the Kitsault River syncline) and has been regionally metamorphosed to greenschist facies.

This occurrence consists of two showings, the Red Point Extension and the V vein. The Red Point Extension lies near the south end of the "Copper Belt", a 10 kilometre long north-northwest trending gossanous body. The gossan consists of Hazelton Group plagioclase-hornblende porphyritic andesite that has been extensively pyritized with variable silicification and sericitization along its length. The Red Point Extension consists of a shear zone which strikes 135 degrees and contains a quartz vein hosted in chloritized andesite mineralized with pyrite and blebs of chalcopyrite. The shear zone averages 3.63 grams per tonne gold over a strike length of 50.3 metres and a width of 3.7 metres (Northern Miner - November 3, 1986). A 0.9 metre chip sample assayed 15 grams per tonne gold, 27 grams per tonne silver and 2.48 per cent copper (Minister of Mines Annual Report 1916, page 81).

The V vein was discovered in 1970 and lies 288 metres southeast (bearing 116 degrees) of the Red Point Extension showing. This quartz-barite-pyrite vein has been traced for 13.7 metres and is highly fractured. It strikes 050 degrees and dips 75 degrees southeast. Disseminated galena and sphalerite occur in the vein and in the enclosing wallrock. A 1.2 metre chip sample assayed 0.51 gram per tonne gold, 2317 grams per tonne silver and 0.03 per cent copper (Assessment Report 2887, page 15).

In 1989 and 1990, Dolly Varden Minerals Inc. initiated a comprehensive, multistaged surface exploration program that included 2257 metres of drilling on the Red Point No. 1 (103P 196) and Red Point Extension showings along with detailed geologic mapping and geochemical sampling of a limited area of the "Copper Belt" alteration.

During 2010 through 2019, Dolly Silver Corporation explored the area as apart of the Dolly Varden property. A complete property exploration history can be found at the Dolly Varden (MINFILE 103P 188) occurrence.