The Alaska-Premier prospect is in Section 25 at an elevation of about 1340 feet, approximately 0.2 mile southwest of Daly Creek (Elliott and Koch, 1981, p. 17, loc. 67). The location is accurate to within about 0.1 mile.

The country rocks in the area of the Alaska-Premier prospect are pelitic metasedimentary and subordinate andesitic (greenstone) metavolcanic strata of the Jurassic or older Mesozoic Hazelton Group; the Triassic Texas Creek Granodiorite, which underlies and locally intrudes the Hazelton; the Eocene Boundary Granodiorite, which intrudes the Hazelton and Texas Creek rocks; and still-younger Tertiary lamprophyre dikes, which cut all the other rocks (Smith, 1973, 1977, Koch, 1996).

The deposit (Buddington, 1925, p. 74, 78-79; 1929, p. 85-86) is in greenstone, slate, and graywacke country rocks. It consists of sulfide-bearing quartz veinlets in shattered zones in three sheets of altered 'felsite,' which may be either quartz porphyry sills or a facies of the greenstone. The veins contain pyrite, sphalerite, galena, pyrrhotite, and chalcopyrite; selected samples reportedly assayed as high as 35 oz Au per ton. A 3-foot thick mineralized shear zone in a felsite sheet contains disseminated (?) pyrite, galena, sphalerite, chalcopyrite, tetrahedrite, pyrrhotite, and arsenopyrite. Assays of some of the mineralized felsite showed about 0.097-0.145 oz Au and about 1.0 oz Ag per ton.

Property was explored by open cuts and developed by more than 200 feet of underground workings, probably mostly in the 1920s.

Property probably originally staked in early 1920s.