The Ice Lake occurrence is located near Chromite Mountain in the Cassiar Mountains of northern British Columbia, about 125 kilometres north of the community of Dease Lake.

Semi-massive chromite and plagioclase(?) occur within banded peridotite and dunite of the Mississippian Slide Mountain Complex. The chromite occurs within dunitic lenses and pods which are up to 15 centimetres thick and 15 metres long. The largest zone of chromite concentration is associated with dunite bands in the vicinity of Ice Lake where they trend about 110 degrees. The main occurrence is on the east side of Ice Lake and there is a second occurrence on the northwest side of the ridge northwest of the lake.

In 2015, a rock sample (tag number A21560) from a troctolite with chromite blebs and schlieren assayed 0.50 per cent chromium and 0.29 per cent nickel (Assessment Report 35654).

In 2015, Minfocus Exploration Corp. conducted limited prospecting and geological mapping which included the collection of specimens of the major hostrock types for multi-element assays (including nickel, platinum and palladium) and/or a limited petrographic study. The Myst Metals project area covers four mineral occurrences: Blue River Nickel (104P 001), Wolfe (104P 055), Anvil Chromite (104P 100), and Ice Lake (104O 018).