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

The Penny Man B showing area is underlain by Middle Proterozoic Kitchener sedimentary rocks. On the Penny Man claim group, 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.

In 2017, the Penny Man B showing is observed as an outcrop containing disseminated malachite hosted in folded siltstone (Figure 4, Assessment Report 37642).

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).