The Kristen I vein is located on the northern slopes of Little Canoe Creek, a tributary of Olympic Creek.

The area is underlain by Karmutsen Formation volcanics of the Upper Triassic Vancouver Group, which have been intruded by the Early to Middle Jurassic Island intrusions consisting of granodiorite to quartz diorite. The Karmutsen rocks consist of andesitic to basaltic flows, tuffs and volcaniclastics. Northwest trending fault shear zones of Tertiary age cut the rocks.

The Kristen I vein is exposed over a length of 8 metres and is up to 0.5 metre wide. It is dominated by quartz with patches of pyrite, pyrrhotite and chalcopyrite. Electrum and native gold occur as minor grains averaging 10 to 30 microns in size and inter-grown with chalcopyrite in fractures in pyrite.

In 1986, K. Gourley staked the Blaster claim and completed a prospecting program and a geochemical silt survey the following year. From 1987 to 1988, Nationwide Gold Mines and Golden Spinnaker Minerals optioned the property and completed programs of trenching, VLF-EM surveys and diamond drilling. In 1988 bulk sampling and fourteen diamond drillholes, totalling 819 metres, was completed on the Elite 1 vein and nearby Rachel vein. In 1991, Kancana Ventures optioned the property. From 1993 to 1995, the property was returned to and later prospected by K. Gourley. In 1993, chip sampling of the Kristen I vein assayed values up to 4.4 grams per tonne gold and 126.5 grams per tonne silver. In 1995, sampling of the vein assayed up to 9.8 grams per tonne gold and 31.5 grams per tonne silver (Assessment Report 25493).