The Lost Creek occurrence is located in the extreme northern head waters of Salal Creek, at an elevation of approximately 2150 metres.

Locally, sericitic quartz stock works and veins host fine- grained molybdenite and pyrite mineralization.

In 1965, a grab sample yielded 0.834 per cent molybdenum (Assessment Report 709).

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.