The Penny Man property was located roughly 17 kilometres southeast of the Sullivan lead-zinc deposit at Kimberley BC.
The Penny Man D showing area is underlain mainly by siltstone of the Middle Proterozoic Creston Formation (Purcell Supergroup) 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.
In 2017, bornite was observed in a 1 to 2 metre exposure of green siltstone; a chip sample over 30 centimetres graded 0.07 per cent copper (Sample TK17-148c, Figure 4, Assessment Report 37642). About 180 metres south of the chip sample, chalcopyrite and sphalerite were observed in a fracture which cut thick-bedded quartzite.
In 2017, several days were spent prospecting across the Penny Man property. Several small pits were encountered on the property with no record existing of such 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).