The PW1 occurrence is located just west of Kutcho Creek, about 90 kilometres east-southeast of Dease Lake.

The PW1 showing area is underlain by upper Mississippian to Permian Cache Creek Complex rocks including volcanics, metavolcanics (greenstone), metasediments, gabbro 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.

The serpentinite in this area is exposed over a width of 100 metres and a length of 120 metres. Within is an area of about 20 by 110 metres which consists of sheared, talcose serpentinite containing elongate gypsum blebs and 3 per cent pyrite. In 1985, 14 rock chip samples taken across seven metres of sheared talcose serpentinite yielded values ranging up to 19 grams per tonne gold and 4.2 grams per tonne silver; each sample was 0.5 metre in length. Within this zone is a 4-metre section that assayed from 1.8 to 19 grams per tonne gold (Assessment Report 14137).

In 1994, a total of 15 one metre-long continuous rock chip samples were taken from a trench following cleaning and extension of the trench. The highest gold result was from sample C28206 which yielded 1.47 grams per tonne (Assessment Report 23822).

In 1985, Getty Canadian Metals conducted a geological survey and took 234 rock and 134 soil samples.

In 1994, a program of soil and rock sampling and prospecting was conducted. See related occurrences PW3 (104I 112) located 1.3 kilometres west, and WW3 (104I 114) located 2.7 kilometres north-northwest.

In 2013, an airphoto interpretation study was completed on behalf of Homegold Resources Ltd.