The Alpha 5 occurrence is located on a south west facing ridge, north east of Kinsman Creek and approximately 7 kilometres east- south east of the creek mouth.

North striking Upper Triassic Vancouver Group carbonates of the Quatsino Formation overlie Karmutsen Formation tholeiitic basalts. Lower Jurassic Bonanza Group volcanics are coeval with, or genetically related to granodiorite of the Nimpkish batholith of the Jurassic Island Plutonic Suite. Strong regional north to northwest trending faults, often defining intrusive and lithological contacts, traverse the area.

Locally, a small outcropping of massive magnetite with little or no sulphides lies within granodiorite. A 1965 dip needle survey outlined 3 small anomalies in the vicinity, suggesting additional similar mineralization.

In 1966, Empire Development completed a program of ground geophysical surveys and geological mapping on the area as the Alpha, Hazel and Pie claims, Kinman property. In 1998 and 1999, Doublestar Resources completed programs of prospecting and ground geophysical surveys on the area as the 2Star claim group. In 2008, Homegold Resources completed a program of rock and soil sampling, geological mapping and prospecting on the area as the Bonanza 1 claim.