Over 5 years of exploration work has been completed on the property. The primary objective of the efforts were the discovery of a major porphyry copper deposit. Geological mapping, geochemical and geophysical surveys, prospecting, and diamond core drilling were used. While studying stream sediments and soil samples in the creek, a team of geologists discovered pink erythrite, a cobalt arsenate coating on the bottom of the rocks. Follow up assays indicated anomalous silver value, extraordinarily high enough to warrant an initial drill program.
Drill Hole 1 intersected 4 feet of mineralization which assayed 124.5 ounces of silver per ton, 6.4% lead, and 4.5% zinc. Comparing it to the ten largest silver mines in the world, the Honolulu Prospect silver grade is much higher than any of them.