The Val deposit is located 8 kilometres southeast of Lumby and 27 kilometres southeast of Vernon.

The property was staked as the Val Claims in 1968 by Silver Standard Mines. They carried out detailed mapping, radiometric surveys and drilled 3 percussion holes totalling 274 metres. The claims were staked as the Arkose and Vidler claims in 1976. In 1976, Chatham Resources carried out soil sampling, scintillometer and induced polarization surveys and drilling. In 1977, 181 metres of rotary drilling was done by Kerr Addison Mines Ltd. In 1978, the property was optioned to Charter Oil Co. Ltd. who assigned their interest to Banqwest Resources Ltd. Soil sampling, a spectrometer survey, silt and water sampling and geological mapping were completed.

The area is underlain by Eocene volcanics and sediments of the Kamloops Group. Rocks include rhyolites, tuffs, fragmentals, sand- stones and conglomerates. Radioactivity is associated with sediments along a north trending valley for about 2.5 kilometres.

Uranium is found in a sequence of sandstone, conglomerate and tuffaceous arkose of Eocene age.

Drilling in the north part of the zone failed to intersect significant radioactivity. However, a nearby soil geochemical sample assayed 31 parts per million uranium. At the south end of the zone, radioactivity up to 21,000 counts per second registered on a TV-1A scintillometer (background is 55 counts per second) (Assessment Report 7276). Small amounts of sphalerite were intersected in the drillholes on the Arkose claims. Mapping and drilling in 1977 suggested that radioactivity was due to a high content of uranium in primary resistate minerals in the rhyolites and tuffs.