The Pond occurrence is located approximately 5 kilometres southeast of the confluence of Willow Creek and the Sustut River (Assessment Report 4855). The regional geology is similar to that of the A462 occurrence (094D 102), which lies approximately 5 kilometres to the south-southeast. Mineralization consists of chalcocite and native copper in a Malachite-stained quartz-calcite vein. The vein is hosted within Lower Jurassic Telkwa Formation (Hazelton Group) volcanics and pyroclastics.

Rio Tinto Canadian Exploration held the property in the early 1970s as the "A" claim group. A detailed sampling and mapping program, supported by trenching and diamond drilling was conducted. Two drill holes were completed on the A462 occurrence (104D 102). A total of 2498 geochemical samples were taken, mostly soil. In 1974, a combined magnetic and electromagnetic survey totalling 640 kilometres in length was completed over the 'A' claims, including the Pond occurrence area (Assessment Report 4921). Several high conductivity anomalies on the claims were recommended for follow-up.