The Hope occurrence is located on the northeastern side of East Thurlow Island, 1200 metres southwest from Thurlow Point. Workings include a shaft with drift, an adit and many open cuts at approxi- mately 91 metres elevation.

The area is underlain by medium to coarse-grained granodiorite, diorite, and quartz diorite of the Jurassic to Cretaceous Coast Plutonic Complex. In the area of the workings the rock is generally coarse-grained and more highly altered with chloritized mafic minerals. While the main mineralized vein is a fracture filling, numerous stringers and small fracture zones carrying quartz also have been noted. The main mineralized vein is 0.3 to 1.5 metres in width and can be traced sporadically from the beach to the workings, a distance of approximately 1 kilometre.

Pyrite and minor chalcopyrite are frequently associated with the quartz veining. Gold values appear to be directly related to the amount of pyrite. Assays obtained in 1936, when the property was in production, are much higher than recent assays in 1974 and 1980. A 1936 assay from massive pyrite was 189.91 grams per tonne gold and 150.83 grams per tonne silver. Another assay of mixed chalcopyrite and pyrite with a little quartz was 39.08 grams per tonne gold, 246.82 grams per tonne silver and 6.5 per cent copper (Minister of Mines Annual Report 1936, page F21). In 1980 a grab sample of mostly quartz with some pyrite from a dump assayed 4.11 grams per tonne gold, 4.80 grams per tonne silver and 0.05 per cent copper (Assessment Report 7959).

From 1929 to 1941, 383 tonnes of ore produced 2954 grams of gold, 4137 grams of silver and 135 kilograms of copper.