The Faulkner (Palmer) Creek placer occurrence is located about 80 kilometres east of Dease Lake. Faulkner (Palmer) Creek is a tributary of the Turnagain River.
In 1874, coarse gold was found in a creek's tributary to the headwaters of the Turnagain River. Gold was found on Palmer Creek "several" years before 1925. The best values were found about halfway up the creek with gold distributed throughout the gravel.
The area drained by Faulkner Creek is mainly underlain by rocks of the Ancestral North America. These include metasediments of the Upper Proterozoic to Lower Cambrian Boya Formation (Ingenika Group) possibly containing rocks of the Stelkuz Formation (Ingenika Group); sediments of the Cambrian to Ordovician Kechika Group and; sediments of the Upper Cambrian to Ordovician lower Road River Group. The surface is covered by deep glacial drift and a hummocky morainal topography. It is not considered favorable for placer gold concentrations.
Recorded production between 1926 and 1930 totalled 249 grams (8 ounces).