The Ice occurrence is located 1.2 kilometres east of the Dewar Peak occurrence (094D 043) approximately 171 kilometres northwest of the community of Germansen Landing.

The regional and local geology is similar to that of the Barn showing (094D 084) located 3.2 kilometres south-southeast.

Mineralization occurs near a major northwest-trending fault, which separates the Permian Asitka Group from the Upper Triassic Takla Group. Mineralization consists of chalcocite and bornite within Asitka Group cherty limestones.

Malachite occurs in a minor quartz vein approximately 300 metres to the west. The vein cuts siliceous volcanics and lapilli tuffs of the Upper Triassic Savage Mountain Formation (Takla Group). Epidote veining and chlorite amygdules are common in the surrounding mafic to intermediate volcanics.

In 1973, Dorita Silver Mines Ltd. optioned 142 claims in the Sustut Peak area on the basis of their geological environment and proximity to a recently discovered significant copper deposit (Sustut Copper, 094D 063) in that area. Reconnaissance geological mapping, prospecting and geochemical (526 samples) surveys were carried out.

In 2008, preliminary prospecting and sampling was carried out by G. Dessureau on the Pike property which covers the Ice (094D 044), Moosevale (094D 046), Barn (094D 084), Bear (094D 047), Pike (094D 045) and Dewar Peak (094D 043) occurrences. The historical copper showings were not observed during this program, however, ten rock samples were taken near the Ice, Barn and Pike showings.