The Midas showing is located on the north side of Willoughby Creek, about 32 kilometres northeast of Stewart.

Regionally, the area is underlain by Middle-Upper Jurassic Hazelton Group rocks. The hostrocks may be north-striking argillites or massive volcanic flows. Northeast, north to north-northwest and east-northeast trending faults are locally conspicuous. Locally, the property is underlain by pyroclastics with admixed epiclasts, within a northerly trending alteration zone marked by pronounced clay alteration with local areas of silicification.

In 2006, Silver Grail Resources Limited in partnership with Teuton Resources Corporation completed a series of three diamond-drill holes on the ‘3 Oz Vein zone’ of the property. The best result was in hole SDN-06-02 which yielded 2.52 grams per tonne gold over 32.4 metres. Within this intersection, a sub-interval ran 26.77 grams per tonne gold over 0.7 metre (Property File - Silver Grail Resources Ltd. (2006): News Release - Wide gold zone intersected at Midas property). In 2007, Sabina Silver Corporation conducted a nine hole, 1600 metre diamond drilling program to assess the strike and dip extent of mineralization intersected by the three diamond-drill holes under the 3 Oz Vein gold showing. The 2007 drill program results were not as promising as those obtained in 2006. Assay highlights from the 2007 drill program include 6.75 grams per tonne gold over 0.90 metre and 2810 grams per tonne silver over 1.00 metre, both from hole SDN-07-03. All other assay values were lower. No future exploration work is recommended for the 3 Oz Vein showing (Assessment Report 30156).

During 2017 through 2019, Teuton Resources completed programs of geochemical (rock and soil) sampling, an airborne geophysical (ZTEM and magnetic) survey and four diamond drillholes on the Del Norte property.