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

The Penny Man J 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, Kootenay Silver Inc collected 2 samples from an outcrop of coarse-grained quartzite (Figure 4, Assessment Report 37642). Sample CK16-80 was described as a narrow quartz vein cutting a white quartzite bed with some goethite. Sample CK16-81 was taken from coarse-grained quartzite (0.5 metre thick) with some carbonate and chloritic patches and rare chalcopyrite. Assay values were negligible.

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).