The Freddy occurrence is located adjacent to the north bank of Hasty Creek, at 823 metres elevation. Silverton, British Columbia is 2 kilometres to the north. The Freddy Reverted Crown grant (Lot 4025) covers the ground hosting the occurrence which is developed by a short winze and a level near Hasty Creek.
Hostrocks of the Freddy occurrence are coarse-grained granite of the Middle Jurassic Nelson batholith. In the vicinity, metamorphosed quartzite and massive argillite of the Triassic Slocan Group form part of a large roof pendant.
The occurrence consists of an irregular lode, striking northerly and dipping easterly. The mineralogy is unknown, however, the nearby Metallic occurrence (082FNW066) contains sphalerite, galena with inclusions of tetrahedrite and pyrargyrite and minor pyrite and chalcopyrite.
Production records for the Freddy occurrence indicate 228 tonnes of ore mined between 1962 and 1973. This ore yielded 396,345 grams silver, 715 grams gold, 1245 kilograms lead and 1023 kilograms zinc. Some of this ore was hand-sorted and shipped directly to the Trail smelter.
In 2008 and 2009, Klondike Silver Corp. conducted an exploration program of the property containing the occurrence including geological mapping, soil geochemical surveys, ground geophysics, trenching, and diamond drilling. The geochemical and geophysical surveys resulted in northeast trending anomalies that are correlated to the main Hewitt-Van Roi lode system. The highest value from the soil and silt sampling was 138 and 104 parts per billion (Höy, T. (2010-06-22): Technical Report – Geology, mineralization and exploration, Hewitt-Van Roi Property). The geophysical surveys found a strong trend when observing the data from the EM grid. There is a transition from high total magnetic field in the south to low in the north. This contact could mark the contact between the granite of the Nelson batholith to the south and the Slocan sedimentary rocks in the north. Drilling found zones of intense mineralization although only one 20 centimetre section was assayed at 23 grams per tonne silver, 0.03 percent lead, 0.72 percent zinc (Höy, T. (2010-06-22): Technical Report – Geology, mineralization and exploration, Hewitt-Van Roi Property).