The Iron Ridge showing is located approximately 10 kilometres southwest of Louis Creek and 49 kilometres north of Kamloops.

The area is underlain by Devonian to Triassic gray mudstones, siltstones and limestones of the Harper Ranch Group, which is part of the Quesnel Terrane, and the late Triassic to early Jurassic Poison Creek pluton, which consists mostly of fine-grained amphibolitic-gabbros.

Mineralization occurs as massive to semi-massive, vanadiferous magnetite. The magnetite is hosted in the amphibolitic-gabbro intrusion as pods, seams and disseminations throughout the intrusion.

In 2006, Geoscience BC and partners funded an 8900 square kilometre airborne gamma-ray spectrometric and magnetic survey over the Bonaparte Lake map area from Kamloops to Lac La Hache.

In 2007, American Creek Resources Ltd. completed a geochemical sampling survey and geophysical surveys. This work was centered over the 1985 drillholes and the Poison Creek showing.

In 2008, American Creek Resources Ltd. conducted an extensive geochemical and geophysical survey, which extended the 2007 grid. This survey delineated several areas of magnetite-rich mineralization.

In 2009, American Creek Resources Ltd. completed a seven-hole diamond drill program totaling 658.28 metres. All of the drillholes targeted the magnetite-rich mineralization found in the previous year’s survey. Highlights include drillhole IM09-05, which returned 1.35 metres assaying 50.14 per cent iron, greater than 3 per cent titanium and 0.218 per cent vanadium (Assessment Report 31686).