The Red Point (L.1200) occurrence is located at an elevation of approximately 1080 metres on a northwest–trending ridge of Lookout Mountain, approximately 3.2 kilometres southwest of the community of Trail.

Regionally, the area is underlain by augite-phyric lapilli tuff, pyroclastics and flows of the Lower Jurassic Elise Formation (Rossland Group), which have been intruded by quartz monzonitic rocks of the Early Jurassic Rossland Plutonic Suite, granodioritic rocks of the Middle Jurassic Nelson Batholith, granitic rocks of the Eocene Sheppard Intrusions and syenitic to monzonitic rocks of the Eocene Coryell Plutonic Suite.

Locally, on the Red Point (L.1200) reverted Crown grant, gold values are associated with pyrrhotite, pyrite and trace chalcopyrite coating hairline fractures and disseminated through Rossland Group pyroclastics and flow breccias that seem to range in composition from andesite to felsite. Felsic volcanic detrital rocks and flow breccias are generally more mineralized than other units. Alteration is generally weak, primarily biotitization with more localized albitization(?). The mineralization is believed to represent a gold-rich, copper-poor porphyry occurrence. It appears to have been deposited very early after deposition of the volcanic host because the best grades occur in fragmental rocks where higher original porosity and permeability may have played a role in channeling the mineralizing fluids.

In 1997, a diamond drill hole (97-RP-1) yielded 0.17 gram per tonne gold over 6 metres (Assessment Report 25249).

In 2006, a grab sample (RP-72) from a northeast-trending (060 degrees) ‘vuggy’ fracture hosting pyrite and pyrrhotite assayed 13.73 grams per tonne gold, whereas other samples (RP-71) of similar mineralization from former pits yielded up to 0.605 gram per tonne gold, 0.24 per cent zinc, greater than 1 per cent lead and copper, respectively, and greater than 100 grams per tonne silver (Assessment Report 28996). Diamond drilling performed at this time yielded up to 9.19 grams per tonne gold over 2 metres in hole RP06-03 (Assessment Report 28996).

In 2007, diamond drilling yielded intercepts of 0.187 gram per tonne gold over 0.61 metre in hole RP07-10 and 0.223 gram per tonne gold over 0.33 metre in hole RP07-11 (Assessment Report 30345).

First staked in 1893, the Red Point was reported to have surface ore that assayed 113 grams per tonne gold and 551 grams per tonne silver (Hodges, 1897). By 1897, a large amount of underground development had occurred on the property.

In 1986, a program of prospecting, geological mapping and rock sampling was completed on the area as the Beaver claim. In 1987, a program of prospecting and a ground magnetic survey was completed on the adjacent Oriental (L.1701) reverted Crown grant. In 1987 and 1988, Tobex Resources completed programs of geochemical sampling, geological mapping, a 113.0 line-kilometre airborne geophysical survey and 14 diamond drill holes, totalling 936.0 metres, on the surrounding area as the Gold Dust claims. In 1989, Inland Au-Ag Resources Ltd. completed a program of geological mapping and a 4.4 line-kilometre ground magnetic survey on the area as the Beaver claim.

In 1997, Loumic Resources Ltd. completed a program of geological mapping and six diamond drill holes, totalling 1013.1 metres, on the area as the Red Point property. In 1999, Inmet Mining Corp. completed a 16.9 line-kilometre ground electromagnetic survey on the area.

In 2006, Klondike Gold Corp. completed a program of soil sampling, geological mapping, 20.3 line-kilometres of ground geophysical surveys, a 317.8 line-kilometre airborne geophysical survey and five diamond drill holes, totalling 809.3 metres, on the area as the Red Point property. In 2007, a further program of six diamond drill holes, totalling 1077.4 metres, was completed on the property.