The HPH 2 (Pond) occurrence is located south of the Nahwitti River, approximately 2.15 kilometres east-southeast of its mouth on Nahwitti Lake.
Regionally, the area is underlain by northwest-trending belts of basaltic volcanics and carbonate sedimentary rocks of the Upper Triassic Karmutsen and Quatsino formations (Vancouver Group) and mafic volcanics and sediments of the Upper Triassic to Lower Jurassic Bonanza Group (Holberg volcanic unit, Nahwitti River wacke and Parson Bay Formation). These volcanic and sedimentary rocks have been intruded by granodioritic rocks of the Early to Middle Jurassic Island Plutonic Suite.
Locally, galena-sphalerite mineralization occurs as stringers in silicified limestone near the contact with Karmutsen Formation volcanics. Quartz diorite of the Island Plutonic Suite outcrops nearby. The mineralized zone varies in width from 1.5 to 4 metres and has been traced to the northeast for approximately 100 metres.
In 1936, select samples yielded assays of trace gold, 61.7 grams per tonne silver, 2.6 per cent lead, 8.3 per cent zinc; 0.3 gram per tonne gold, 500.5 grams per tonne silver, 20.8 per cent lead, 15.4 per cent zinc and trace gold, 404.5 grams per tonne silver, 29.1 per cent lead, 9.2 per cent zinc (Minister of Mines Annual Report 1936, page F47).
In 1966, a chip sample from the ‘fourth’ zone assayed 0.20 per cent lead, 14.45 per cent zinc and 259.9 grams per tonne silver over 1.5 metres (Assessment Report 870).
In 1981, a chip sample (HPH-19) assayed 4.03 per cent lead, 9.93 per cent zinc and 193.6 grams per tonne silver over 9.0 metres (Assessment Report 9507).
In 1987, two grab samples assayed 222.2 grams per tonne silver, 12.3 per cent lead, 30.6 per cent zinc and 131.6 grams per tonne silver, 5.69 per cent lead and 30.6 per cent zinc, respectively (Assessment Report 16347).
In 1988, a chip sample (155) assayed 0.07 grams per tonne gold, 267.4 grams per tonne silver, 3.99 per cent lead, 9.24 per cent zinc and 0.11 per cent copper over 1.5 metres (Assessment Report 17393).
In 2006, a sample from the area assayed 2.03 per cent lead, 4.66 per cent zinc and 63.8 grams per tonne silver (Assessment Report 28656).
In 2017, a 0.2-metre-long chip sample (166426) assayed 9.27 per cent zinc, 6.71 per cent lead and 84.4 grams per tonne silver (Assessment Report 37134).
The area has been explored since the early 1930s. In 1948, Western Mines completed an induced polarization and magnetic survey on the area. In 1952, American Smelting and Refining completed a program of geological mapping on the area.
In 1966, Giant Explorations Ltd. completed a program of geological mapping and geochemical sampling on the area as the HPH claims. During 1969 through 1972, Giant Explorations Ltd. completed programs of soil sampling and ground and airborne geophysical surveys on the area. In 1979, Loredi Resources prospected and mapped the area as the Gold and Dust claims.
In 1980, Tally Resources Ltd. prospected and mapped the area as the Pato claim. In 1981, Silver Bar Resources prospected the area. In 1984, the area was prospected and sampled by Daiwan Engineering as the Mead claims. During 1987 through 1991, Hisway Resources Corp. completed programs of geological mapping, ground geophysical surveys, geochemical sampling and six drillholes, totalling 381.5 metres, on the area. In 1992, Cameco Corporation completed a program of rock and soil sampling, geological mapping and ground geophysical surveys on the area.
In 2006, New Livingstone Minerals prospected and sampled the area. In 2017 and 2018, Precipitate Gold Ltd. completed programs of rock and soil sampling, gravity surveys and prospecting on the area as the Island Zinc property.