The Rumplestiltskin showing is located in the headwaters of Phanton Creek, on Graham Island.

The area is underlain by Middle Jurassic Yakoun Group rocks dominated by pyroclastic andesites and lesser massive andesite, conglomerates, volcanic sediments and argillites. These rocks are cut by quartz diorites and porphyritic felsic dikes.

Locally, a strong clay-carbonate-silica alteration zone occurs in volcanic sandstones and tuffs with up to 4 per cent sulphides.

An exploration program, during 1980 and 198l resulted in the identification of numerous areas of extensive hydrothermal alteration. The altered areas have related geochemical anomalies that are high in gold, arsenic and mercury.

Surface samples have returned from 1.25 to 7.8 grams per tonne gold (George Cross Newsletter #94 May 17, 1982).