The Steven occurrence is situated 600 metres northeast of Ghost Creek, approximately 27 kilometres northwest of Queen Charlotte City.

The area along the northeast side of Ghost Creek is underlain by massive sandstone overlain by thinly bedded turbiditic sandstones and shales, followed by conglomerates of the Cretaceous Honna Formation. The turbiditic unit was previously included with the Cretaceous Haida or Skidegate formations and is now considered an unnamed unit during a revision of the nomenclature for the Cretaceous Queen Charlotte Group (Geological Survey of Canada Paper 91-1A, pages 367 to 371).

Mineralization consists of up to 30 per cent realgar, 5 per cent stibnite, 5 per cent orpiment, with lesser pyrite, cinnabar and marcasite, occurring as massive pods, disseminations, veinlets and fracture fillings within a cherty argillaceous sandstone near the top of the turbidite unit. The mineralized horizon is structurally overlain by silicified argillite, chloritic wacke and chlorite-clay–altered sandy tuff. The mineralization is exposed over a width of 2.5 to 3 metres and a length of 10 to 12 metres. It strikes 110 degrees and dips 46 degrees north. Realgar, framboidal pyrite and marcasite exhibit bedding, but replacement textures also occur. Mineralization is cut off by a shear striking 11 degrees and dipping 85 degrees southwest.

In 1981, Chevron Canada Ltd. drilled one 169.77-metre diamond drill hole in an attempt to locate a bedrock source for a geochemical mercury and arsenic anomaly identified to the east, though no results are available and Chevron subsequently dropped their option in 1982 (Assessment Report 09837, 33862).

The Victory zone was discovered by Newmont Exploration of Canada Ltd. in 1988 while prospecting along a newly constructed logging road. The zone was geologically mapped and sampled by the company. A chip sample of mineralized boulders assayed 11.8 per cent arsenic, 1.24 per cent antimony, 0.136 per cent mercury and less than 0.005 gram per tonne gold (Assessment Report 18413, page 13).

In 2012, Cazador Resources collected rock, silt and soil samples. Results identified known mineralization signatures (Assessment Report 33862).