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Gold Mines For Sale

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Mining Equipment, Mining Properties, Gold Mines & Gold Panning by BC Gold, British Columbia, Canada

Mining Equipment, Mining Properties, Lode Gold and Placer Mining by BC Gold, British Columbia, Canada

BC Gold - Mining Properties for Sale
Kootenays
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placer gold claims for sale in bc placer gold claims for sale in bc placer gold claims for sale in bc placer gold claims for sale in bc
placer gold claims for sale in bc

WILDHORSE RIVER Placer Gold Claim for Sale $4000
 Ad #:256
 Market Status: Unsold/Available
 Listing Type: For Sale
 Price: $4,000
 Category:Gold claims and placer mines for sale
 Locality:Kootenays
Description

WILDHORSE RIVER Placer Gold Claim for Sale $4000

-Nuggets on the Wild Horse have been reported up to 1.112 kg.

-Records show 1186.65 kg. gold produced from the Wild Horse River to 1950 plus substantial unrecorded production.

-Road access directly to and through the property and underlain 100% by crown land; camp anywhere.

-Gold occurs with an average fineness of 878

-450+ metres of river frontage per side

The property is comprised of BC placer tenure 1052638. 20.85 hectares / 51.52 acres. The property is situated 24 km. north-northeast of Fort Steele British Columbia. From Fort Steele, drive northeast on Wild Horse Forest Service Road for approx. 35 km. directly to the property.  The claim centre is at latitude  49.797900° longitude -115.510400°. Recent work has been done by the Ministry of Forests to repair spring washout conditions such that the road is now fully traversable.

From Minfile 092GNW099: The Wild Horse (Wildhorse) River flows south-southwest from its head waters near Mount Ruault to its mouth on the Upper Kootenay River near Fort Steele. The river has been known by a number of names since its discovery in 1863, including Stud Horse Creek, Lone Horse Creek and Wildhorse Creek. A recreational panning reserve is located on the lower Wild Horse River for a distance of approximately 3 kilometres inland from the river mouth.

Placer gold was discovered on the Wild Horse (Wildhorse) River in 1863 and by 1864 approximately 1500 prospectors were encamped in the area. Over the next three years an estimated 7874.9 to 31 500 kilograms of gold was recovered (Halladay, L.B. (1979-04-27): Re: Maus and Wildhorse creeks placer leases). No official records from this time are available.

During 1874 through 1950, it is recorded that a total of 1186.65 kilograms of gold was produced from the Wild Horse River (Bulletin 28). The largest nugget was reported to be slightly more than 1.112 kilograms (Barlee, N.L. (1972-07-01): The Guide To Gold Panning In British Columbia).

In the 1930’s, hydraulic mining operations were performed by Mr. Drayton. Around the same time, a miner is reported to have drifted on bedrock for two years, yielding an average gold grade of 2.5 grams per cubic metre and totalling 1332.5 grams of gold (Halladay, L.B. (1979-04-27): Re: Maus and Wildhorse creeks placer leases).

In 1963, churn drilling and seismic surveys, by Veezay Minerals, identified a deeply buried channel of pay gravels east of the river, near the south western slopes of Lone Peak.

The bedrock geology at the headwaters of the Wildhorse River shifts from Cu Skarn to Porphyry Cu +/- Mo +/- Au. Both are amongst the top economic deposit types in BC for copper and gold and may account for the source of residual placer gold.

Warning - This property is offered for mining purposes only and ownership of the title to it does not include ownership of the surface rights or the right to use the surface for residential or recreational purposes.

Financing available with $1000 down and payments for up to 6 months.

Please reply to this ad or contact us directly for more information, including pictures and maps:

Email This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Tel (250) 999-1221

Map Location
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