The Waterfall showing area is underlain by Lower Permian limestone of the Stikine Assemblage.

The Waterfall showing consists of a 5 to 15 centimetre quartz vein with massive pyrite, arsenopyrite, sphalerite and minor chalcopyrite. Assays of up to 11.83 grams per tonne gold, 61.4 grams per tonne silver, 14.75 percent arsenic and 3.59 percent zinc, 0.5 per cent copper were obtained (Assessment Report 21192). The host rock consists of marbleized bioclastic limestone and argillite.

The Waterfall Showing was thought to be an extension of the Swimshow zone which occurs over 500 metres to the east.

Work History

In 1989, one day was spent prospecting the claims on behalf of Golden Arrow Resources Ltd. At this time, 11 rock samples were collected. No results of any significance were encountered.

In 1990, Golden Arrow conducted a program of geological mapping, prospecting, contour soil sampling, rock geochemistry and minor trenching. A total of 54 man-days were spent on the claims during which 531 soil samples, 18 stream sediment silt samples and 98 rock samples were collected. During this time four new showings were documented: Swimshow, Waterfall, Gully and Knob.