The Q1 occurrence is located 77 kilometres west-southwest of Kakiddi Lake and 7 kilometres east of the Stikine River.

The Q1 showing area is underlain by Pennsylvanian metavolcanic and metasedimentary rocks of the Stikine Assemblage. This Stikine sequence is intruded by Late Early Jurassic granodioritic intrusions of the Cone Mountain Plutonic Suite and granite intrusions of the Paleocene to Eocene Sloko-Hyder Plutonic Suite.

In January of 1989, the RB 23, RB 24, RB 25 and RB 29 claims were staked and later grouped under the name Phacops. In 1990 Shellex Gold Corp conducted work consisting of prospecting, surface sampling and geological mapping. Stream sediment fines were collected from both running and dry stream channels. A contour soil line was run at 1675 metres elevation on the flanks of Mount Phacops. A total of 37 rock, 81 soil, and 17 silt samples were collected on the claim group.

Outcrop grab sample 90G-8-Q01 with pyrite and chalcopyrite assayed 0.92 per cent copper, 26.3 grams per tonne silver, and 0.55 gram per tonne gold (Assessment Report 21148). The rock type is called quartz and described as pinching and swelling up to 0.5 metres. Sample Q03 about 200 metres west was noted as being in an area of chlorite schist. Sample 90G-8-Q02 hosted in volcanic rock about 100 metres south of Q01 graded 0.04 per cent copper and 1.8 grams per tonne silver (Assessment Report 21148).