The Golden Five occurrence is located approximately 1 kilometre north of the junction of the East Wild Horse River and the Wild Horse River.

Regionally, the area is underlain by Helikian Purcell Supergroup strata which is folded and overturned above thrust faults to the east. Intrusives include numerous dikes and sills and a quartz monzonite plug two kilometres to the southeast.

Locally, the property is underlain by dark grey and green argillites of the Creston Formation (Purcell Supergroup). The strata are overturned and strike 200 degrees with 50 degree dips to the west.

A grab sample from the upper adit dump material assayed 2.24 per cent lead, 0.95 per cent zinc, 0.20 per cent copper, 84.7 grams per tonne silver and 0.92 gram per tonne gold (Assessment Report 18027).

In 1902, 4 claims were crow granted to a Mr C.M. Parker: these include the Honey comb, Big Bend Boy, Queen of Sheba, and King Soloman claims. At this time three adits explored a quartz vein system crosscutting argillite. In 1991 through 1994, the area was explored as part of the Boulder claims group and included a program of geological mapping, prospecting and geochemical sampling.

In 1993, selected sampling of pyritic quartz veins within a 30 centimetre wide zone located in an old pit on the south west corner of the former Queen of Sheba claim returned up to 34.7 parts per million silver, 15,378 parts per million lead and 10.7 grams per tonne gold (Assessment Report 23719).

During 2005 through 2009, Ruby Red Resources Inc. completed programs of rock and soil sampling, geological mapping, trenching and a 4.5 line-kilometre ground electromagnetic (VLF) survey on the area. In 2010 and 2011, the area was explored as a part of the Dewdney Trail Gold project of PJX Resources Inc. Past exploration efforts on the showing included prospecting, soil geochemistry, rock sampling, VLF-EM, magnetic surveys, IP surveys and hand trenching.