Latest (?) Proterozoic to Earliest Cambrian and Devonian to (?) Mississippian strata, and a Cretaceous or Early Tertiary porphyry dyke underlie the Plata-Inca property. The sedimentary rocks are part of the dominantly clastic assemblage that makes up the other part of the northern Cordilleran miogeocline.
The sedimentary rocks are folded and cut by thrust faults and younger (?) normal faults. Steep normal faults with a variety of orientations cut all other structures. These faults host most of the veins and are well exposed in the mine workings.
Most veins contain galena, sphalerite, and tetrahedrite in a gangue of siderite and quartz with minor barite and calcite. Silver-lead ratios determined from the grade of ore shipments range from 55.5 g/t Ag : 1% Pb to 137.1 g/t Ag : 1% Pb
The age and origin of the gold-silver veins in the Plata-Inca camp is unclear. They are most likely related to a buried intrusion, although the only evidence for one is the small porphyry dyke at the northwest end of the property. There are no other intrusions nearby, but the deposits are at the northern margin of the belt of mid-Cretaceous intrusions that belong to the Selwyn Plutonic Suite.