The LIMONITE bog iron showing is 3 kilometres north-northeast of Mount McClure, 147 kilometres southwest of Williams Lake, B.C.

The prospect consists of a strip of limonite, of varying width and orientation, that stretches from 1950 metres to 1675 metres elevation between Honduras and McClure creeks. The limonite is estimated to range up to 3 metres in thickness. The iron was leached from silicified pyritic tuffs, probably of the informally named Upper Cretaceous Powell Creek Formation, which outcrop upslope to the south. It was transported downhill as sulphate solutions and deposited as bog iron near the break in slope. An inferred ore reserve of 348,000 tonnes was estimated, grading 50 per cent iron (Geological Survey of Canada Summary Report 1920A).

Residual iron oxide deposits are common in the Taseko River region of the southwestern Chilcotin where conditions are suitable for the development of these deposits, i.e. a source of iron (i.e. usually pyritic sediments and volcanics) and relatively stable depositional conditions.

In 2010 and 2011, Galore Resources Inc. completed a program of helicopter-borne Electromagnetic and Magnetic surveys over the area.

During 2014 through 2019, Amarc Resources Ltd. completed programs of geological mapping, geochemical (talus fines, rock chip and stream sediment) sampling, 163.6 line-kilometres of induced polarization surveys, 1069 line-kilometres of airborne magnetic surveys and 18 157 metres of diamond drilling on the area as part of the IKE project. The majority of the drilling (15 455.34 metres in 26 holes) was completed on the IKE (MINFILE 092O 025) occurrence. The LIMONITE prospect lies within Amarc's Empress high-grade copper-gold-silver deposit area (PR REL Jan 19, 2021).