The Rey Lake property is located in south-central BC, 24 km north of Merritt. The Rey property is a porphyry breccia-stockwork with copper and molybdenum mineralization.

The property is located in the northwest-trending Triassic Nicola Group rocks that host the Highland Valley and Copper Mountain deposits to the north.

A non 43-101 compliant resource of 21 million tonnes grading 0.23% copper and 0.023% molybdenum has been historically reported for the property. ASARCO reported one hole in the breccia zone that ran 0.5% over several hundred feet.