The FLOAT CREEK RIDGE occurrence is located in a west-facing cirque above Salal Creek, approximately 800 metres south of Salal Peak and 41.5 kilometres west-southwest of Gold Bridge, B.C.

Locally, sericitic quartz stockworks and veins host fine-grained molybdenite and pyrite mineralization. Mineralization occurs over a vertical distance of greater than 450 metres in creek chutes.

In 1964 and 1965, two chip samples yielded 0.078 and 0.288 per cent molybdenum over 26.52 and 9.14 metres, respectively (Assessment Report 709).

In 1996, three chip samples yielded 0.077, 0.191 and 0.082 per cent molybdenum over 85.0, 55.0 and 30.0 metres, respectively (Assessment Report 24684 and 33341).

Highlights of grab sampling in the Float Creek Ridge area in 2010 include 0.318, 0.310 and 0.119 per cent molybdenum (Assessment Report 32913b).

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 1996, Verdstone Gold Corp. completed an exploration program of geological mapping, soil and rock sampling and diamond drilling on the Salal property. The drilling was focused on the Float Creek showing, but did not intersect any significant mineralization.

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 region 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 extensive programs of sampling, prospecting, mapping and four diamond drill holes on the Salal property. In 2022, minor soil and silt sampling and drone photogrammetric surveys were conducted in areas of the Salal property for R. Billingsley.