The New Gun 5 occurrence is located west of the Ospika River, approximately 19 kilometres southwest of Mount Ford.

The area is underlain by a thick succession of Ordovician to Devonian Road River Group rocks consisting of black graphitic- graptolitic shales, black pyritic mudstones, dolomites, arenite (siltstone) turbidites and mafic volcanic flows.

The mineralization is not described but is likely similar to that of the nearby CT (MINFLE 094F 010) occurrence and comprise sphalerite associated with barite.

In 2007, Rio Grande Mining Corp. conducted a program of geochemical sampling, gravity geophysical surveys, prospecting and geological mapping on the area as part of the Kechika property. The following year, Rio Grande completed an airborne magnetic survey on the area. Rock samples yielded up to 0.626 per cent zinc and 0.563 per cent barium (Assessment Report 29829; Osmani, I.A., Wilkins, A. (2009-08-26): NI 43-101 Technical Report on the Kechika Properties - Aikie-Sika, Sika, Kwad, Bank, Akie-Sika North, CT Ext, Del, Erin, New Gun-Pesika, Sika, Yuen North and Peskie Claim Groups).