The Panther Road showing is located approximately 1 kilometre southeast of the Thistle mine (092F 083), about 21 kilometres southeast of Port Alberni.

Basaltic flows and pillow basalts of the Upper Triassic Karmutsen Formation (Vancouver Group) are underlain by a complexly interlayered succession of volcanics and sediments of the Paleozoic Sicker Group. These include limestones and marbles of the Upper Pennsylvanian to Lower Permian Mount Mark Formation (Buttle Lake Group), and basaltic flows, agglomerates and bedded tuffs of the Upper Devonian McLaughlin Ridge Formation (Myra Formation).

A 2.2 metre wide interval of pyritic chlorite-altered basalt and sericite-altered basalt, of the basaltic flow unit ("Mine Flow Unit"), contains an 80 centimetre width of massive pyrite. The mineralized zone strikes about 150 degrees and dips southwest. Chloritic alteration is most common but chlorite-epidote-carbonate-quartz alteration is also present.

A sample across the 2.2 metre width assayed 16.8 grams per tonne gold, 1.7 grams per tonne silver and 0.09 per cent copper (Assessment Report 13711). Drilling in the vicinity of this showing in 1988 resulted in one sample assaying 2.06 grams per tonne gold, 9.0 grams per tonne silver, 0.0175 per cent copper and 0.0078 per cent zinc from pyritic zones within chloritic alteration zones (Assessment Report 17661)

Three other showings, located 230 metres southeast to 200 metres south of the Panther Road showing, grade up to 12.0 grams per tonne gold over 17 centimetres (Assessment Report 15288).

In 1981 and 1982, Nexus conducted surveys in the Panther Road and Thistle mine (MINFILE 092F 083) areas. In 1983, the property was optioned by Westmin Resources Ltd. and an exploration program of geological mapping, soil sampling, geophysical surveys and 6053.9 metres of diamond drilling was completed. In 1988, Nexus completed 1205.4 metres of diamond drilling on anomalies previously not tested, primarily on the Saddle (MINFILE 092F 442) occurrence. In 1995, the area was claimed as the Thistle 1 claim and a program of geochemical sampling was completed.