Consolation Creek flows north for about 20 kilometres into the west end of Gladys Lake, north of Surprise Lake. The main workings are about 4 kilometres north of the east bend and about 37 kilometres northeast of the community of Atlin.

The creek is located north of the northern edge of the Late Cretaceous primarily granitic Surprise Lake batholith (Surprise Lake Plutonic Suite). There are no outcrops in the creek itself but just west of the creek there are exposures of cherts, argillites and limestones of the Mississippian to Triassic Kedahda Formation of the Cache Creek Complex.

The creek was prospected with preliminary evaluations from 1904 to 1910 and from 1913 to 1915. Some shafts were sunk and adits driven during 1932 and 1945, and in 1946; 469 metres of overburden drilling was done. Much of this development was incomplete and did not reach bedrock.

The upper levels of the creek are in a flat, glacial-planted, drift-filled valley and as suggested in Bulletin 1 (1933), may contain a large volume of low-grade material concentrated by inter- or post-glacial events retrievable by dredging. Around 995 grams of gold were recovered from the creek from 1936 to 1940. Bulletin 28 records production from a period of 1936 to 1940 but it most likely is from 1931 to 1935.

In 2005, prospector D. Javorsky optioned the placer and mineral claims to Jet Gold Corp. Ltd. to conduct exploration. Consolation Creek which flows north in the section has a headwaters (Upper Section), intermediate headwaters (Rounded Valley Section), main section (Main Flat Valley Section), narrow lower section (Narrow Section), and fan base section (Fan Section) at the end of its north direction where it turns to flow east in a major valley. Each of these sections was investigated in the field, and with the aid of stereo air photos from 1951, 1974, and 1975 so that the limits of each section were identified. In 2007, a trenching program by Jet Gold Corporation was unable to dig deeply enough to expose the bedrock channel with their small excavator. In 2009, a total field magnetics and a ground penetrating radar survey was conducted on behalf of owners L. Long and D. Javorsky.