The Bud 522 prospect is about 2.5 kilometres northeast of August Lake and 6 kilometres east of Princeton.

This area along the west flank of the Darcy Mountains is underlain to the west by volcanics and related sediments of the Upper Triassic Nicola Group and to the east by granodiorite of the Early Jurassic Bromley batholith.

A rusty gossan zone, 100 metres wide, trends north for 200 metres in granodiorite of the Bromley batholith. The zone is about 300 metres southeast of Nicola Group volcanics and sediments.

The zone exhibits malachite staining and quartz-carbonate stringers. A grab sample of the rusty gossan contained 0.184 per cent copper, 0.005 gram per tonne gold and 6.0 grams per tonne silver (Assessment Report 12736, Appendix, page 13). A grab sample of a quartz-carbonate vein contained 0.135 per cent copper, 0.005 gram per tonne gold and 2.6 grams per tonne silver (Assessment Report 12736, Appendix, page 13).

The deposit was initially explored by Pacific Seadrift Resources Ltd., which conducted prospecting, sampling and soil surveys between 1983 and 1986. G. & V. Explorations Ltd. carried out geological mapping and soil sampling in 1986 and 1987. This prospect was also soil sampled by Gold Brick Resources Inc. in 1988.