The Gold Reef 2 showing is located on Crusader Ridge, approximately 11 kilometres southeast of Slocan. A number of old workings from the late 1890’s occur in the area but the showing was not worked until 1922, and later in 1968. In 2006 through 2008, a program of geological mapping, soil, stream sediment and rock sampling was performed as a part of the G.R. claims of the Crusader Ridge property.

The area is underlain by porphyritic granite and a finer-grained greenish-grey granite of the Jurassic Nelson Intrusions, cut by lamprophyre and pegmatite dikes (some pyritized).

Locally, a quartz vein with sericite alteration is shown along the old workings for over 1.2 kilometres. The quartz veins were reported to carry values in gold and silver associated with iron pyrites, silver sulfides, and sometimes free gold and silver. Mining in 1897 to 1898 of the quartz vein at the Golden Wedge showing, immediately to the south, returned values of approximately 125 grams per tonne gold (Assessment Report 28546).

The Gold Reef 2 quartz vein measures 2.5 to 3.5 metres wide and is associated with some iron pyrites, galena and free gold. Soil samples collected in 2006, returned up to 386.8 parts per billion gold (Assessment Report 28546). In 2008, a rocks sample collected 100 metres down slope, at the 8’ Dead End adit, returned 2505 parts per million lead, and 54 parts per million molybdenum (Assessment Report 30293).