The IXL showing is located on the north bank of the Dak River, 9.0 kilometres northeast of Alice Arm. The area was investigated for base and precious metals in the early 1900s.

The region is underlain by an assemblage of volcanics and sediments comprising the Upper Triassic Stuhini Group and the Lower Jurassic Hazelton Group. This assemblage has been folded into a north-northwest trending anticline (Mount McGuire anticline) and regionally metamorphosed to greenschist facies.

The showing comprises a series of parallel quartz veins developed in argillite of the lower sedimentary unit of the Stuhini Group. The veins, up to 0.61 metre wide, are developed along the bedding of the argillite, striking 150 degrees and dipping 35 to 40 degrees east. A sample taken across a 0.61 metre wide quartz vein assayed 7.30 grams per tonne gold, 34 grams per tonne silver and 1.4 per cent copper (Minister of Mines Annual Report 1919, page 57).

In 1919, at an elevation of 259 metres, some stripping and opencutting on the left bank of a small creek has exposed a number of parallel quartz veins. Farther north, on the Betsy claim, at an elevation of 335 metres, an outcrop of a wide belt of shattered slates contains a network of quartz veinlets mineralized with sphalerite, galena, a little chalcopyrite, and pyrite. A few pieces picked from the surface assayed trace gold, 28.3 grams per tonne silver and 4.8 per cent lead (Minister of Mines Annual Report 1919). In places, where slabs have slid off the surface, it shows a heavier mineralization.

In 2005, Kitsault Resources Ltd. completed a reconnaissance stream sediment survey on the area as the Kitsault Gold property.