The Shakespeare occurrence is located on an east facing slope between Shorty and Liverpool creeks, approximately 700 metres west of Perry Creek.

The area is underlain by sedimentary rocks of the middle Creston Formation intruded at their (faulted) contact with Kitchener Formation by diorite sills of the Moyie Intrusions; all these units belong to the mid-Proterozoic Purcell Supergroup.

Locally, two major “ledges” or silicified zones, 15 and 30 metres wide and composed of angular fragments of grey quartzite cemented by milky and lesser clear quartz with minor disseminated pyrite and stains of limonite and hematite host gold values. Alteration is principally silicification; minor sericite is mentioned adjacent to the silicified and in places stock worked zones. These zones are hosted in quartzite of the Creston Formation; old reports mention the presence of a “miner's porphyry“, likely a reference to microdiorite dikes found in float in this area and ascribed to a local source by recent work. Both these rock types belong to the mid-Proterozoic Purcell Supergroup, assuming that the microdiorites are part of the Moyie Intrusions.

In 1898, gold values up to 34 grams per tonne were reported (Assessment Report 15649).

In 1979, a 0.3-metre chip sample (6258B) from a quartz vein with minor chalcopyrite assayed 6.8 grams per tonne silver and 0.34 gram per tonne gold (Assessment Report 7723).

In 1987, a rock sample (L87-101) assayed 0.10 gram per tonne gold (Assessment Report 17514).

In 2002, a float or dump sample (HS-301) assayed 0.17 gram per tonne gold (Assessment Report 27025).

The occurrence is one of a series of sub-parallel veins, “ledges” or shears that have been historically explored as part of the Perry Creek lode gold property, which includes the Homestake (MINFILE 082FSE012), Columbia (MINFILE 082FSE009), McIntosh (MINFILE 082FSE120) and British American Corp., or Petra (MINFILE 082FSE121) occurrences.

In 1978, Meridian Resources completed a program of geochemical sampling and geological mapping on the area as the Eclipse group. During 1979 through 1985, Gallant Gold Mines completed programs of rock, soil and silt sampling, trenching, geological mapping and ground electromagnetic and magnetic surveying on the area as the Perry Creek property. In 1987, Chapleau Resources completed a program of soil, silt and rock sampling, trenching and geological mapping on the area as the Racki claims, Morgan property. In 2001 and 2002, National Gold Corporation completed programs of geological mapping and rock sampling on the area immediately west as the HS and Zinger claims. Also, in 2002, Klondike Gold completed a soil sampling program on the area as the PC claims. In 2003, Chapleau Resources conducted an extensive exploration program of surface prospecting, rock and soil sampling and geological mapping on the area as the Zinger property.