The Ghost Peak occurrence is located north west of Drimmie Creek at an elevation of 2000 metres and approximately 15 kilometres southeast of Revelstoke.

The area is underlain by Hadrynian Hamill Group quartzite and limestone; Lower Paleozoic Mohican Formation phyllite and limestone; Lower Cambrian Badshot Formation marble, limestone and argillite; and Index Formation (Lardeau Group) phyllite.

The Ghost Peak discovery area is 100 by 200 metres of ice-heaved blocks that appear to have moved only slightly, probably only a few tens of metres, from their points of origin. The blocks are typically differentially weathered, silicified Lower Cambrian Badshot Formation marble with 20 to 30 per cent limy lenses and layers. Recessive and resistive weathering zones are typically 1 to 40 centimetres wide and they characteristically pinch and swell and interfinger. Phyllitic partings and bands occur. Extreme tight folding is apparent in all blocks throughout the discovery area. These folds have been classified as type 1 structures that developed with the recumbent Drimmie Creek syncline. These folds are the earliest structures recognized in the Akolkolex area and they correlate with Phase 1 folds in the rest of the Kootenay arc.

Mineralization is present in some of the blocks and consists of pale- brown, disseminated to clustered, up to 2- millimetre, granular sphalerite, occasionally with minor galena or pyrite. The mineralization has been traced along strike for approximately 900 metres.

In 1998, zinc and lead assays were determined for two sets of rock chip samples across layering of sphalerite mineralized calcareous silica-rock from the showing (lab numbers R9813477 to R9813480). Samples R9813477 to R9813479 are from a 1.8- metre interval, and the calculated composite is 6.82 per cent zinc and 0.67 per cent lead. Sample R9813480 represents sampling across 1.0 metre and returned values of 2.02 per cent zinc (assay) and 2608 parts per million lead (ICP) (Assessment Report 26077).

In 1999, selected rock samples were collected in conjunction with soil sampling. Apart from sample R9909747, which had 215 parts per million lead, there is no other significant indication of mineralization. Soil anomalies indicate the mineralization may continue as much as 1.5 kilometres northeast and 1 kilometre south of the discovery area. The anomalous lead (215 parts per million in sample R9909747) in a rock specimen collected near a southern soil anomaly may be from a halo peripheral to mineralization on strike from the discovery showing.

In 2005, a rock chip channel sample (178106) assayed 1.18 per cent lead, 0.74 per cent zinc and 7.1 grams per tonne silver over 1.4 metres, while two grab samples (178112 and 178110) yielded 17.58 and 4.62 per cent lead and 5.03 and 2.38 per cent zinc with 31.0 and 91.4 grams per tonne silver, respectively (Assessment Report 27997).

In 2010, a rock sample (GH-20-01) of limestone hosting sphalerite and galena, from a creek approximately 500 metres to the north- north west, assayed 14.6 per cent lead, 8.48 per cent zinc and 25.1 grams per tonne silver, while another rock sample (GH-21-01), taken from an east- facing slope approximately 200 metres to the west- north west, assayed 2.46 per cent lead, 1.93 per cent zinc and 14.6 grams per tonne silver (Assessment Report 31876).

In 2013, a chip sample (1967360) assayed 2.22 per cent lead, 2.01 per cent zinc and 31 grams per tonne silver over 2 metres, while a rock sample (1967355) assayed 18.44 per cent zinc and 0.18 per cent lead (Assessment Report 33840). These samples are from an area approximately 400 metres to the south east.

In 1998, Cominco Ltd. staked this property shortly after the new zinc-lead sulphide occurrence was discovered and conducted soil and rock sampling. The claims expired in 2000. During 2005 through 2013, Selkirk Metals completed programs of rock, silt and soil sampling and geological mapping on the area.