The Ingenika River placer occurrence is located approximately 1.2 kilometres below the mouth of McConnell Creek. This occurrence is similar to the McConnell Creek placer occurrence (094D 007). The area is underlain by Early Jurassic monzodiorite of the Fleet Peak Pluton.

Placer gold occurs in pockets, formed in the granitic host rock, between 0.3 to 2.44-metres in depth. These pockets are filled with gold and platinum bearing gravels and sands. The gold is very fine, flattened, and occurs with an appreciable amount of platinum.

To the end of 1950, production is officially recorded as 2400 grams (70 ounces) of gold (National Mineral Inventory 094D16 Au3).

Another placer gold deposit occurs directly across from the mouth of McConnell Creek. This deposit is reported to contain a quantity of fine gold in shallow surface diggings (Minister of Mines Annual Report 1908, page 82).

In 2007, Serengeti Resources Inc. carried out a high resolution magnetic and radiometric survey over the property (Assessment Report 29768). The Ingenika River occurrence is situated in the northwestern area of the survey.