The Lucky Strike showing occurs within 1.6 kilometres southeast of the Kettle Valley Railway, near the divide between Allison and Hayes creeks, about 10 kilometres northeast of Princeton.

This area of the divide, south of Switchback Creek, is underlain by mafic to intermediate flows and pyroclastics, with minor interbedded limestone of the Upper Triassic Nicola Group. These rocks are intruded by "tongues" of light-coloured, coarse-grained, feldspathic pegmatite, possibly originating from the Early Jurassic Bromley batholith, which lies east of the showing, across Hayes Creek.

Mineralization consists of chalcopyrite and pyrite, together with quartz and epidote, filling fractures in the pegmatite and in the volcanics near the pegmatite. Extensive malachite staining is developed along such mineralized fractures. Traces of copper mineralization also occurs in narrow fractures cutting the Nicola Group rocks. A 2-metre chip sample assayed 0.46 gram per tonne gold and 0.823 per cent copper (Assessment Report 16265, sample #TL92H0159R).

This showing was explored in 1927 and 1928 by G. Broderick and T. Hume. Three adits, one shaft and a number of trenches were excavated over a distance of 300 metres.