The Mud Lake showing is part of the Salal property and is approximately 80 kilometres northwest of Pemberton.

Locally, fine-grained molybdenite occurs in east-striking, poly-phase quartz-pyrite veins, stock works and joints. The veins are commonly laminated, 30 to 60 centimetres thick and bounded by intensely silicified granite.

In 2011, a grab sample from the Mud Lake area assayed 3.42 per cent molybdenum (Assessment Report 32913).

In 2012, a lone diamond drill hole (MSA-003) intersected 20.6 metres assaying 0.057 per cent molybdenum, 0.46 grams per tonne silver and 0.035 parts per million rhenium, including 4.8 metres yielding 0.207 per cent molybdenum, 1.02 grams per tonne silver and 0.109 gram per tonne rhenium. The intersection occurs within a 145.5 metre interval assaying 0.02 per cent molybdenum (Assessment Report 33341).

From 1965 to 1966, Southwest Potash Corp. optioned the property and staked additional ground, following which they completed a program of surveying, geological mapping, reconnaissance geochemistry and diamond drilling.

In 2007 and 2008, Paget Minerals conducted small exploration programs to confirm past accounts of mineralization on the Salal property. Work included mapping and rock sampling in the Mud Lake and Logan Ridge area in the northern section of the property.

In early 2010, Miocene Metals Ltd. conducted airborne geophysical surveys over the Salal property. In late 2010 and throughout 2012, Miocene Metals Ltd. completed a program of sampling, prospecting, mapping and four diamond drill holes on the Salal property.

For regional geology and a complete property history, see Salal Creek (MINFILE 092JW 005).