The Fred 1 occurrence is located near the southeast end of a small lake, informally named Fred Lake, north of Phillip Creek and approximately 25.5 kilometres southeast of Mount Milligan.

The area is underlain by calc-alkaline volcanics and limestone of the Upper Triassic Witch Lake Formation (Takla Group) and paragneiss metamorphic rocks of the Upper Cretaceous to Eocene Wolverine Metamorphic Complex. The stratum is intruded by Lower Jurassic syenitic to monzonitic rocks.

Locally, a monzonite hosts chalcopyrite, pyrite and pyrrhotite mineralization and malachite staining.

In 1990, a sample (FR1002) of mineralized monzonite assayed 0.41 gram per tonne gold, 1.2 grams per tonne silver and 0.103 per cent copper (Assessment Report 20290). This occurrence may be transported material; it is subangular. Also at this time, a sample (WT 17) of andesite collected in 1980 is reported to have yielded 1.48 grams per tonne gold (Assessment Report 20290). This sample location, plotted to be approximately 500 metres northwest of sample FR1002, was not duplicated in 1991.

Work History

The Fred Lakes property was prospected in 1989 and 1990 by owner Wim Vanderpoll. Mineralization was found to be present in several locations spread out across more than 3500 metres.

In 1991, David Cooke completed a program of prospecting and geochemical (rock and soil) sampling on the area Nick 1-3 claims.

In 1996, Lucero Resource Corp. completed a program of soil sampling on the area as the Phil 1-7 claims.