The Bald Eagle occurrence is located on Olympic Creek, a tributary of the Kennedy River.

The area is underlain by Karmutsen Formation volcanics of the Upper Triassic Vancouver Group, which have been intruded by the Early to Middle Jurassic Island Intrusions consisting of granodiorite to quartz diorite. The Karmutsen rocks consist of andesitic to basaltic flows, tuffs and volcaniclastics. Northwest trending fault shear zones of Tertiary age cut the rocks.

Locally, 0.05 to 0.60 metre wide quartz and/or calcite veins occur in a quartz diorite and contain lenses of pyrite and pyrrhotite.

In 1986, K. Gourley staked the Blaster claim and completed a prospecting program and a geochemical silt survey the following year. From 1987 to 1988, Nationwide Gold Mines and Golden Spinnaker Minerals optioned the property and completed programs of trenching, VLF-EM surveys and diamond drilling. In 1988, bulk sampling and fourteen diamond drill holes, totalling 819 metres, was completed on the Elite 1 vein and nearby Rachel vein. In 1991, Kancana Ventures optioned the property. From 1993 to 1995, the property was returned to and later prospected by K. Gourley. In 1995 a 0.10 metre chip sample assayed 8.3 grams per tonne gold and 35.2 grams per tonne silver (JK-206; Assessment Report 25493).