The Sugar 5 occurrence is located about 20 kilometres north-northeast of the confluence of the Stikine and Iskut rivers.

The Sugar region is underlain by limestones, limey sediments and marine sedimentary and volcanic rocks of the Devonian to Permian Stikine Assemblage and marine sedimentary and volcanic rocks of the Upper Triassic Stuhini Group. The stratigraphy is intruded by Triassic to Tertiary Coast Plutonic Complex dioritic rocks. An Early Jurassic granodioritic stock of the Early Jurassic Texas Creek Plutonic Suite intrudes the strata to the immediate north and the Middle Jurassic Warm Springs Mountain Pluton, consisting of monzodiorite to gabbro intrudes the strata to the immediate south along the Choquette River.

An area of copper bearing quartz veins yielded a 0.5 metre chip sample with pyrite and chalcopyrite that assayed 34 parts per billion gold, 4.6 grams per tonne silver, 0.33 per cent copper and 0.25 per cent zinc (Sample 30830, Assessment Report 20192). The area rocks are described as grey feldspar porphyry andesitic tuff with granodiorite plugs.

Twelve claims covering an area of 6 km (east-west) by 15 kilometres (north south) were staked as the Sugar 1-12 claim group in 1988 by Lacana Exploration Inc, a subsidiary of Corona Corporation. Prospecting in 1988 by Lacana on the Sugar 1-12 claims resulted in the collection of 299 rock samples and 15 silt samples. In 1989, Lacana prospected and mapped the claims, and collected 259 rock samples.

In 2014 a one-day rock sampling program was done on Sugar 5 (Eagle Crag Ridge) and Sugar 8 (3 kilometres southeast) by Coast Mountain Geological Ltd. for Hydro Capital Corp. Eagle Crag Ridge Sampling was concentrated on a series of chalcopyrite-bearing veins within strongly siliceous felsic volcanics. These quartz veins vary from chalcopyrite to pyrite-bearing and are 5 to 20 centimetres in width. Copper values for the ten rock samples collected were generally anomalous varying from 352 to greater than 10,000 parts per million copper. A select grab of the copper mineralization in one vein returned silver values of 60.7 parts per million (rock sample Sinc 14002). There was no gold associated with any of these veins (Assessment Report 35531).