The Candy occurrence is located on the Teslin Plateau about 46 kilometres east of the community of Atlin.
The showing is situated near the middle of the Surprise Lake batholith (Surprise Lake Plutonic Suite) which covers about 1100 square kilometres east and northeast of Atlin. The batholith is dated at 70.6 plus or minus 3.8 million years (Late Cretaceous). It is composed primarily of medium grained, equigranular alaskite which is essentially a leucocratic granite with microcline and orthoclase with subordinate quartz, and may or may not contain plagioclase and mafics. There are some coarse grained, quartz feldspar porphyritic varieties. The contacts between the various textural varieties are commonly gradational. There are also some massive aplitic dikes which crosscut the batholith and some very coarse grained pegmatitic zones within the alaskite with large quartz and feldspar crystals and books of biotite. The width of these zones varies considerably, but the contacts are almost always sharp.
Molybdenite rosettes are hosted by narrow quartz veins that cut a fine to coarse grained quartz feldspar porphyry phase of the alaskite. These veins occur in a 90 metre wide zone having northwest or southwest strikes with steep north and southeast dips, respectively. The veins range from 2 to 7 centimetres wide but have only been traced along strike for less than a metre. The molybdenite rosettes range in diameter from 1 to 1.5 centimetres. Occasionally, the molybdenite is observed as minute specks in feldspar. Traces of chalcopyrite, wolframite, galena, fluorite and beryl were also reported.
In March 1969, the WHI 1-418 claims were staked for Canadian Johns-Manville Co. Ltd. to cover several geochemically anomalous zones discovered by regional stream sampling in 1968. During the summer of 1969, Canadian Johns-Mansville carried out geological mapping and prospecting, and ground geophysical surveys within the claim block. In addition to this, an airborne geophysical survey was completed and followed by a more detailed sampling program. In 1971, the Candy 1-66 claims were staked for Canadian Johns-Manville Co. Ltd. and geological mapping, geochemical sampling, an induced polarization survey and airborne photography were completed.
In 1979, Joseph Explorations Ltd. acquired the Zen claims and the following year completed a program of prospecting and soil sampling.
In 1996, Coast Explorations Ltd. completed a program of stream sediment sampling on the area.
In 2012 and 2013, OHG Resources Inc. completed programs of soil and rock sampling (548 soil samples and 29 rock samples) and an 81.7 line-kilometre ground magnetic survey on the area as the Kristen 1-3 claims of the Mount Weir Molybdenum project. This work identified new zones of chalcopyrite and/or malachite, fluorite, beryl, galena and molybdenite hosted by alaskite on the Mount Weir Ridge and East Ridge areas, located on north-trending ridges to the west and east, respectively.
In 2013, float samples from the East Ridge area yielded values of up to 32 grams per tonne silver and 0.149 per cent copper in sample TK03, and 0.952 per cent molybdenum from sample E5269516; float samples from the Mount Weir Ridge area yielded up to 10.4 grams per tonne silver and 0.694 per cent lead in sample MW007 (Campbell, K.V. (2014-10-06): Mount Weir Molybdenum Exploration Project - Kirsten, Kirsten 2, 3 and 4 Mineral Claims). Sampling of the main molybdenite-bearing zone yielded values of up to 0.895 per cent molybdenum (sample TK22) in outcrop and greater than 1.00 per cent molybdenum (sample TK17) in float (Campbell, K.V. (2014-10-06): Mount Weir Molybdenum Exploration Project - Kirsten, Kirsten 2, 3 and 4 Mineral Claims).