The Baggins occurrence is located a few kilometres southeast of Provencher Lake, about 90 kilometres east-southeast of the community of Dease Lake.
The showing area is underlain by upper Mississippian to Permian Cache Creek Complex rocks including metavolcanics (greenstone), metasediments and tectonically emplaced ultramafic rocks. The upper Mississippian to Permian Cache Creek Complex ultramafic rocks consist of peridotite, dunite and pyroxenite which are generally serpentinized. In this area nephrite jade is commonly found in association with ultramafic rock.
A drilling program conducted in 1979 by Primex Explorations Ltd. showed that while a large portion of an exposed nephrite lens consisted of gem-quality jade, the quality decreased as the lens dipped beneath the surface. Numerous boulders broken off the lens are scattered nearby and a large number (153) of these were reportedly drilled.
In 2017, on behalf of Mr. Green Mining and Trading Ltd., a structural analysis and a buried river channel analysis was completed. The purpose of the structural analysis within the northern sector of the property was to delineate cross-structures which may be integral in the source of potentially economic placer-related jade. The purpose of the buried river channel analysis was to locate any buried river channels that may contain economic quality jade material. One cross-structure and two buried river channels were indicated (Assessment Report 37148).