The Bingo claim is located on the north side of the Fraser River, approximately 2.2 kilometres north of the community of Floods.

Regionally, the area consists of an ultramafic complex of hypersthene diorite and quartz diorites, norites and ultramafic rocks, termed the Pacific Nickel Complex, which intrudes schists and earlier intrusive rocks. Locally, the ultramafic complex is intruded by mid-Cretaceous and Oligocene to Miocene quartz diorite plugs and dikes associated with the Late Cretaceous Spuzzum pluton.

Locally, a rusty altered syenite hosts molybdenite. The mineralization occurs in a shear zone dipping forty degrees and striking north.

In 2005, a sample of the zone returned 508 parts per million molybdenum. Other samples from the claim have returned up to 0.17 gram per tonne platinum and 0.32 gram per tonne palladium (Assessment Report 28087).