The Walker Creek Placer occurrence is located along Walker Creek at the southern end of Deadwood Lake, about 121 kilometres northeast of the community of Dease Lake.

Most of Walker Creek is underlain by incompetent and highly folded Cambrian-Ordovician Kechika Group rocks including phyllitic limestones, calcareous phyllites, black slate-argillite, limestones and highly altered greenstones (possibly intrusive). Dolomites and sandstones of the Ordovician-Lower Devonian Sandpile Group underlie the head of Walker Creek to the east.

Walker Creek is steep sided and lacking in benches and the depth to bedrock is 2 to 5 metres. It contains large boulders which have been glacially transported from the southeast. The lower three kilometres of the creek (ten kilometres total length) was the most productive; in periods from 1876-1890 and 1916-1920, 46.1 kilograms (1628 ounces) of gold was extracted (Bulletin 28). The source of the placer gold is unknown; it was probably transported by northeast moving ice, since volcanic rocks to the southwest contain gold-quartz veins.