The Reed occurrence is located just west of Serpentine Lake about 38 kilometres east of the community of Dease Lake.

The Reed showing area is principally underlain by black serpentinized Upper Mississippian to Permian ultramafic rocks of the Cache Creek Complex with some relatively minor limestone and calcareous sediments in the west, and Upper Mississippian to Permian diorite-gabbro bodies of the Nakina Formation (Cache Creek Complex) in the southeast. Orange weathering talc-carbonate altered material was noted in faults and major shear zones in ultramafic rocks.

In 2004, a rock sample (178109) of a malachite-coated, quartz and serpentine with common millimetre-scale veins and semi massive chalcocite (7-9 per cent) and minor chalcopyrite (less than 1 per cent) analyzed 3.4 per cent copper (Assessment Report 27777).

In 2004, Hard Creek Nickel Corp. conducted a reconnaissance geochemical survey which consisted of silt sampling of all observed active creeks (28 silt samples) and 335 soil samples along the 1600 metre elevation contour, and also performed prospecting and rock sampling; a total of eleven rock samples were collected.