The Rodeo (Copper Pit) occurrence is located east of an unnamed tributary north of Moffat Creek, approximately 26 kilometres southwest of the community of Horsefly.

The area is underlain by a zoned syenitic stock, varying from quartz monzonite to diorite, considered to be coeval or subsequent to emplacement of the Takomkane batholith.

Locally, a zone of strongly oxidized and micro fractured syeno-diorite hosts discontinuous veinlets and clots of chalcopyrite with secondary malachite and azurite associated with moralistic cavities, over an area of approximately 60 by 70 metres. Alteration consists of epidote, potassium feldspar, silica and biotite with koalinization and sericite associated with several shear zones.

In 1998, twenty four grab and chip samples from the zone yielded an average of 0.259 per cent copper (Assessment Report 25733).

In 2011, diamond drilling yielded an average value of 0.051 per cent copper over 94.3 metres (Assessment Report 33192).

In 1980, Bethlehem Copper completed programs of geological mapping and soil sampling on the area as the TL claims. In 1981, Cominco completed an induced polarization survey. In 1998, the Rodeo and Lucky Jack claims were staked after the discovery of copper mineralization in a burrow pit (Copper Pit occurrence) and on a zinc soil anomaly to the north (Lucky Jack claim). During 1998 through 2009, programs of trenching, geochemical sampling and 3 diamond drill holes, totalling 3913 metres, were completed. In 2011, Newmont Canada completed a program of geological mapping, rock sampling, airborne magnetic and scintillometer surveys and 6 diamond drill holes, totalling 2036.6 metres, on the area as the Tak-Rodeo property.