The Penny Man showings are located roughly 17 kilometres southeast of the Sullivan lead zinc deposit at Kimberley BC.

The Penny Man A showing area is underlain by Middle Proterozoic Creston sediments bisected by the northeast trending Palmer Bar fault. Several areas of stratabound and fracture-controlled copper mineralization were encountered along with quartz brecciation, bleaching and iron oxide fracturing. Several samples across the property were collected from veining with limonite and or base metals and chip sampling was completed locally.

Outcrops at the Penny Man A showings contained disseminated chalcopyrite hosted in dolomitic siltstone. Six chip samples were collected at the main showing, along with 2 grab samples. Chip sample TK17-149c graded 0.1 copper over 0.8 metre (Figure 4, Assessment Report 37642). Similar mineralization occurs about 300 metres to the northwest but 3 grab samples there rendered less significant assays.

In 2017, several days were spent prospecting by Kootenay Silver Inc across their Penny Man property. Several small pits were encountered on the property with no record existing of this work. Assessment Reports: 18885, 22073, 22884, 25008 reference the area with soil sampling and a limited ground magnetic survey performed on a portion of the existing claim block (in 2017).