About five miles (8 km) eastbound on I-90 is Lookout Pass, the border with Montana.

The claims were located between two faults with only a hint of ore veins at the surface, and was largely ignored, except for sporadic trenching and tunneling.

In 1938, John Sekulic leased, with an option to buy, the six deserted claims.

On 30 March 1939, Sekulic and Charles E. Horning organized the Lucky Friday Silver-Lead Mines Company in Idaho, and issued 1,200,000 shares.

Sinking a 100 foot shaft showed more promising veins, prompting a contract with Albert H. Featherstone's Galconda Lead Mines, Inc., to sink the shaft to the 600 foot level.