It was held between March 13 and 15, 1958, and concluded with Denver defeating North Dakota 6-2.
All games were played at the Williams Arena in Minneapolis, Minnesota.
Four teams qualified for the tournament, two each from the eastern and western regions.
The two best WIHL teams and a Tri-State League representative received bids into the tournament as did one independent school.
[1] The Tri-State League team was seeded as the top eastern team while the WIHL champion with the greater winning percentage was given the top western seed.