The Old Timer occurrence is located at an elevation of approximately 1600 metres on the south eastern slope of a north east trending ridge, north of Lindquist Lake and west of Kenney Lake.

Regionally, the area is located in the Intermontane Belt and is underlain by greenstone and greenschist metamorphic rocks of the Upper Paleozoic to Middle Jurrasic Gamsby Complex which have been thrust over sedimentary and volcanic strata of the Lower Cretaceous Skeena Group and calc-alkaline volcanic rocks of the Lower Jurassic Telkwa Formation (Hazelton Group). The volcanic and sedimentary units have been intruded by quartz dioritic rocks of the Middle Jurassic Trapper Plutonic Suite and undivided intrusive rocks of the Eocene Coast Plutonic Complex(?).

The occurrence consists of two mineralized quartz veins in the contact area between diorite of the Coast Plutonic Complex and sheared chlorite schists, black slate and dark grey laminated tuffs of the Skeena Group. At least one of the veins occurs in schist. One vein is 15 centimetres to 76 centimetres wide while the other is 15 centimetres to 91 centimetres wide. The veins carry pyrite, galena, sphalerite and pyrrhotite mineralization with minor silver values.

The area has been historically explored in conjunction with the nearby Deer Horn (MINFILE 093E 019) occurrence and full exploration history can be found there.