The Fred 2 occurrence is located on a small hill north of the northwest end of a small lake, informally named Fred Lake, north of Phillip Creek and approximately 22.5 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.

Locally, a trench has exposed a pyritic ochre fault gouge zone in siliceous and epidote-altered rhyolite porphyry and rhyolite-carbonate breccia with disseminated pyrrhotite.

In 1990, a sample (FR1009) of fault gouge from the trench assayed 0.390 gram per tonne gold, 1.2 gram per tonne silver and 0.074 per cent copper over 0.5 metre (Assessment Report 20290).

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 rock and soil sampling on the area immediately north of the occurrence as the May 1-3 claims.