The Prince of Wales (Lot 3681) and Princess Louise (Lot 3680) claims are about 14 kilometres west of Greenwood and 5 kilometres west of Copper Mountain. Access to the property is by gravel road from Highway 3, along the Ingram Creek drainage. The Mabel-Jenny showing (082ESE203) lies about 1 kilometre to the east.
The claims are underlain by Upper Paleozoic Knob Hill Group argillite, greenstone and chert. The Knob Hill is locally overlain by the sharpstone conglomerate and limestone of the Triassic Brooklyn Group and arkose and tuffs of the Eocene Kettle River Formation (Penticton Group). Intrusive rocks include granodiorite on the Middle Jurassic Nelson Batholith and syenite and diorite of the Eocene Coryell Intrusives.
Mineralization occurs as fissure fillings and veins in altered argillite, greenstone and chert. The rocks are argillized, silicified, pyritized and carbonatized. Alteration minerals are jarosite, hematite, limonite and ankerite. Sulphides include pyrite, pyrrhotite, arsenopyrite and possibly chalcopyrite.
The claims were Crown granted in 1906 and development shortly after consisted of a 9-metre shaft and several open-cuts on the Prince of Wales and a shallow shaft and open cuts on the Princess Louise. About 1 kilometre to the southwest of the shaft, a quartz vein occurs with pyrite and values in gold (Coronation adit, see Mabel-Jenny).
In 1987, Pricam Explorations Inc. conducted a geochemical survey. In 1992, Crown Resources conducted rock chip and soil sampling.
During 2008 through 2012, Grizzly Discoveries Inc. completed programs of rock and soil sampling, geological mapping and 12 diamond drill holes, totalling 1708.5 metres, on the area as the Copper Mountain claim black of the Greenwood property. Four holes were completed on the Prince of Wales occurrence. Drill hole 10CM07 yielded 1.0 gram per tonne gold, 4.65 grams per tonne silver, 0.03 per cent copper and 0.3 per cent zinc over 30 metres of biotite hornfels hosting pyrite and arsenopyrite within Knob Hill Formation sediments (Dufresne, M. (2013-11-25): Technical Report for the Greenwood Gold Project).
