The general area is underlain by Purcell Supergroup sedimentary rocks of Precambrian age that is cut by block faulting. Most of the Wait claims are covered with glacial and fluvial overburden. The underlying rock-types are probably of Creston, Aldridge, and Kitchener Formations. Rock-types are predominantly argillites, siltstones and quartzites with some dolomite. Three drill holes intersected mineralization consisting of stratabound banded pyrite, pyrrhotite, sphalerite, galena and arsenopyrite.