The Kwanika occurrence is situated on Kwanika Creek, 6 kilometres north of the outlet of Tsayta Lake and approximately 40 kilometres east of Takla Landing.

The showing is hosted by Middle Triassic to Lower Jurassic Takla Group argillite immediately east of the Late Triassic to Early Cretaceous Hogem Intrusive Complex and west of limestone assigned to the Carboniferous to Jurassic Cache Creek Complex. The Pinchi fault zone forms the contact between the two sedimentary units, traversing the area from north to south.

Mineralization consists of minor cinnabar occurring in a 0.65-centimetre wide dolomitic stringer cutting argillite adjacent to a narrow, north striking, steeply dipping granodiorite sill. Approximately 800 metres further upstream, similar stringers host realgar, native arsenic and pyrite (Geological Survey of Canada Paper 44-5, page 11).

On the east side of a "pond" believed to be approximately 800 metres southwest of the Kwanika occurrence, a 2.44-metre wide boulder of carbonatized serpentine and limestone reportedly hosted "commercial quantities" of cinnabar. Diamond drilling in the vicinity also intersected carbonatized serpentine carrying "a few specks" of cinnabar.

Mineralization on the Victory and Bowleg groups of claims, to the south and west of the Kwanika occurrence respectively, was not located.

Although recent information concerning these occurrences is unavailable, exploration has been carried out in the area as part of a detailed assessment of the Kwanika Creek occurrence (see 093N 073).

Refer to the Swan occurrence (093N 073)for addiontal information. This Kwanika was held by Serengeti Resources from 2005 to present (2009) and contains some common history.

The Kwanika property was acquired by Serengeti Resources Inc in late 2004 and in 2005 Serengeti conducted a 530 line km airborne magnetic/radiometric survey as part of a larger survey of the Kwanika (including the Kwanika) and Germansen-Valleau properties (to the east). In addition, eleven rock samples and one seep sample were collected along Kwanika Creek in 2005.

In 2006 Serengeti hired Peter E. Walcott and Associates Ltd to conduct an induced polarization (26.9 km) and ground magnetic (26.9 km) survey on the property in 2006. Five BQ diamond drill holes totaling 659.5 meters were also completed on the property in 2006. Hole K-06-01 was drilled on the Swan prospect (093N 073); the remaining 4 holes were drilled at various locations over a 5 km length to the north of the Swan.