The Red occurrence is located just east of the Lakeview gold skarn prospect (092P 010) about 22 kilometres west of Little Fort. The Red occurrence is within the eastern part of the diorite stock of the Triassic-Jurassic Dum Lake Intrusive Complex that bounds the Lakeview prospect to the northeast. The showing is an iron-rich skarn within Upper Triassic to Jurassic Nicola Group volcanic rocks near a pyroxene diorite. Assessment Report 3945 describes two old adits (origin unknown) that cut magnetite-pyrrhotite-chalcopyrite mineralization within fractured and epidote-carbonate altered diorite. Disseminated magnetite is common in the surrounding area. Assessment Report 20014 reports that samples of locally-derived pyrite-chalcopyrite altered dioritic float from near the south margin of the stock, directly south of the Red occurrence, yielded assay values of up to 0.71 per cent copper.

Hugh Naylor and L.G. White ran, on behalf of the Cariboo Syndicate, an exploration program of geological mapping and a magnetometer survey in July 1972 over an area around the south end of Deer Lake, that included the Lakeview prospect. They identified a magnetic anomaly, anomaly "B", that centred on the two old adits at the Red location. Ager, Berreta and Associates conducted ground magnetometer, VLF-EM and geochemical surveys over the area in 1980. P. Slominski cut a grid and ran ground VLF-EM over a part of the claims in 1986. The showing was looked at as a part of the Deer Lake property during a prospecting and stream sampling program by Electrum Resources Corporation in 1999. The B.C. Geological Survey conducted a regional till geochemistry program over NTS mapsheets 092P09W and 08W in 1999 (Open File 2000-17).