The Macy mine is located on the south side of Alice Arm of Observatory Inlet, about 5.0 kilometres south of the Alice Arm townsite. The mine, in the past, produced silica flux for the copper smelter at Anyox (103P 021).
The deposit is hosted in a sequence of Middle Jurassic to Upper Cretaceous Bowser Lake Group sediments. These rocks have been regionally metamorphosed to greenschist facies and contact metamorphosed to biotite hornfels to the west along the contact with the Tertiary Coast Plutonic Complex.
The Macy mine is developed in biotite hornfelsed shale, siltstone and wacke. Large bodies of barren quartz were mined here from opencuts in 1916 and 1917 and from underground workings in 1918 and 1920 for silica flux. Silica production for 1918 is included with Granby Point (103P 022).