The Little Daisy occurrence is situated at 1220 metres elevation adjacent to Aylwin Creek (on the northeast side), on the west side of Slocan Lake. Silverton, British Columbia lies 7.5 kilometres to the north.

The Little Daisy occurrence is located on the Little Daisy Reverted Crown grant (Lot 7302), part of the Little Daisy group. The group was composed of Little Daisy, Golden (Lot 7303), Idler (Lot 7304) and Golden Fraction (Lot 7307) Reverted Crown grants. This claim group lies immediately north of the Rockland claim group, hosting the Willa occurrence (082FNW071).

The underground workings at the Little Daisy consisted of 102 metres of drifts, crosscuts and winzes. Shipments of ore were made as early as 1904. From 1931 to 1933 further work was carried out by H. Aylwin and A. Jarvis. The property was owned by Mrs. McNaught in 1935 and leased to R.A. Grimes, who subsequently leased it to A. Erickson. Some development work was carried out between 1935 and 1936 with a small amount of ore shipped. Northlode Exploration Ltd. held 17 claims of the Rockland group in the 1960s and presumably included the Little Daisy group. Cominco Ltd. held an option on the property between 1964 and 1965 but work was largely confined to the Rockland and Willa claims. Rockland Mining Ltd. acquired the Little Daisy group from D.H. Hawkins, E. Lorenz and D. Cameron in 1967. In 1970, a joint venture agreement was reached with Western Exploration Company Limited and diamond drilling was carried out at the portal on the Little Daisy occurrence. The joint venture agreement lapsed in 1972. In 1975, the Little Daisy claim group was acquired by P. Leontowicz and W.C. Wingert. Ownership was partially transferred to Rio Tinto Canadian Exploration Ltd. in 1979 with the remaining being optioned.

The Little Daisy occurrence is located within an outlier of Lower Jurassic Rossland Group metavolcanics and Early Jurassic subvolcanic equivalents. Lithologies comprising the Rossland Group at the Little Daisy occurrence include augite porphyry, greenstone and argillite. These rocks have been tentatively correlated with the Elise Formation. Subvolcanic equivalents include quartz latite porphyry and feldspar porphyry. These hostrocks are enclosed by medium grained biotite hornblende diorite and fine-grained granite of the Middle Jurassic Nelson intrusions.

At the Little Daisy, mineralization is hosted in a narrow, banded quartz fissure-vein consisting of a 10 to 15 centimetre width of pyrite and galena carrying gold values in small seams, and occasionally chalcopyrite and pyrrhotite. The vein-fissure is hosted in a fine grained phase of porphyritic granite of the Nelson batholith. Minor molybdenite has been reported associated with quartz veinlets and feldspar subvolcanics. The Little Daisy occurrence has been described as a gold-silver polymetallic vein deposit (GSC Memoir 308).

Production records for the Little Daisy occurrence indicate 45 tonnes of ore were produced intermittently from 1904 to 1936. A total of 2768 grams silver and 2768 grams gold were recovered.