The Nov 2 (Spanish Canyon) occurrence is located on the west side of Spanish Creek, immediately south of the confluence with Blackbear Creek.

The area is immediately to the west of the Eureka thrust fault. This thrust separates the essentially Mesozoic Quesnellia terrane from the Hadrynian to Paleozoic Barkerville terrane. The dominant lithologies comprise red-brown weathering phyllite, grey siltstone and interbedded felsic tuffs, which form the lowermost part of the Upper Triassic to Lower Jurassic Nicola Group. Formerly referred to as "black phyllite", this unit has been thrust onto the older rocks of the Omineca terrane, with which it has been deformed and metamorphosed, probably during the Middle to Late Jurassic.

Locally, in the area of two short historic adits, a black phyllite hosts quartz veins mineralized with galena and pyrite. The veins range from 10 to 50 centimetres wide. The mineralization is commonly associated with the altered calc-silicate selvage within these veins and a sericitic to talcose alteration halo up to 2 metres in width. The quartz veins generally strike northwest and dip shallowly to the north east.

In 1981, a sample from a 10 centimetre vein, located between the two adits, assayed 6.9 grams per tonne gold and 49.6 grams per tonne silver (Assessment Report 9916). The following year, a diamond drill hole (DDH 82-1) intercepted a mineralized quartz vein at 64.64 metres depth and yielded 0.53 grams per tonne gold, 5.0 grams per tonne silver and 0.072 per cent lead over 1.35 metres (Assessment Report 10812).

In 1987, a 0.91 kilogram grab sample (691) of convergent quartz veins containing pyrite, galena and limonite from an adit on the Nov 2 claim assayed 28.04 grams per tonne gold, 151.86 grams per tonne silver and 2.8 per cent lead (Property File - Malcolm Resources Ltd. Mar. 14, 1988 Prospectus). At this time trench samples, taken a few hundred metres to the south, assayed up to 4.5 grams per tonne gold (Assessment Report 17103). The following year, a diamond drill hole (DDH 88-2) intercepted a 30 centimetre quartz vein yielding 0.48 gram per tonne gold over 1.5 metres (Assessment Report 17942).

During 1981 through 1984, Apex Energy completed programs of airborne and ground geophysical surveys, prospecting, geological mapping, soil sampling and one drill hole, totalling 71.32 metres, on the area as the Nov 1-3 claims. During 1984 through 1986, Mt. Calvery Resources completed programs of geological mapping, prospecting, trenching and geochemical sampling on the area. In 1987 and 1988, Malcom Resources completed programs of soil sampling, a 12.4 line-kilometres ground geophysical survey, trenching and three diamond drill holes, totalling 345.6 metres.