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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
Okanagan
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LOCKIE CREEK placer gold/platinum claim $5,000 for 100%
 Ad #:262
 Market Status: Unsold/Available
 Listing Type: For Sale
 Price: $5,000
 Category:Gold claims and placer mines for sale
 Locality:Okanagan
Description

LOCKIE CREEK Placer Gold/Platinum Claim: $5,000 for 100%

-2.2+ km. creek frontage per side

-2 feeder creeks provide additional water resources for sluicing

-Road accessible and underlain by crown land; camp anywhere

-The largest nugget in the Tulameen, 1.4 kg., was mined from Lockie Creek

-Located upstream of a newly documented platinum occurrence and an operating placer gold mine

-Historic records show 32,000+ grams gold were mined from 9 tons

41.89 hectares / 103.51 acres. BC placer tenure 1051565. The property is intersected by road and is 100% underlain by crown land. From the community of Tulameen, British Columbia, proceed 5 km northwest on Lawless Forest Service Road to a fork. Continue on the right fork for another 6 km. or so directly to the site. The claim centre is at latitude  49.587360°  and longitude -120.829380°.

Lockie (Boulder) Creek initially flows south along the west flank of Boulder Mountain for 2.3km, and then continues east for 4 km, entering Otter Lake 4.5 km north of the town of Tulameen. The creek first flows for 3.5km through a narrow valley, then enters a canyon, 2.3km long, before flowing over an alluvial fan on Otter Lake, 0.5km wide. At the Boulder Creek Placer occurrence, gold was recovered from gravels in the lower 2.4km of the creek, and also in a few places above the canyon. One nugget found in 1887, likely the largest gold nugget from the Tulameen district, weighed 1.4kg (or 1,400 grams).

EMPR historical production recordsindicate 9 tons mined producing 32,230 grams of gold, just downstream of the property. This equals an average 3,581.11 grams of gold per ton (or 115.14 troy ounces per ton). At $1200/oz gold, this amounts to more than $138,000 per ton. This work appears to be limited to a small area near the creek’s mouth. Historical issues with access may account for the lack of mining in the upper canyon sections.

In 2005, a report was produced that studied the characteristics of PGM (platinum group minerals) discovered in the placer gravels of Lockie Creek, which was included with 4 other sites in the province. A careful review of this report, titled Platinum-Group Minerals From Five Placer Deposits In British Columbia, Canada(Barkov et al, Canadian Mineralogist) details the sampling and result of this new information ( since historic production records show only gold recovery):

“This sample (18 grams) was collected from Lockie Creek, approximately 1 km from its mouth at Otter Lake and 4 km north of Tulameen. The concentrate is a dark gray to black, well-sorted fine sand. Fine gold and possible PGM grains are visible in the sample. Magnetite, pyrite and rare chalcopyrite also are present. The sample was collected at a small open-pit mine exploiting an alluvial fan placer. The placer gravels sit directly on bedrock and are one to two meters thick. They probably represent fluvial and colluvial sediments deposited prior  to,  and  in  the  early  stages of, fan development. They are overlain by three to four meters of bouldery fan gravels with relatively low concentrations of placer minerals…Gold nuggets are mostly flattened with rounded edges. They become more angular and coarser upstream…The sequence is interpreted as an alluvial fan deposit consisting mainly of reworked glacial sediments.”

The increase in coarseness and angularity of gold, described above, suggest that the gold is closer to its source upstream, above the canyon. The subject property is situated in the upper canyon of Lockie Creek. This section is described by Bill Barlee in his book Gold Creeks and Ghost Towns (Hancock House 1974, pp. 24,25) as being: "Better than most of the other creeks in the area with some chance of finding previously untouched paystreaks above the canyon". Previous miners likely did not mine the upper canyon due to lack of access at the time.

Ferrous platinum, or isoferroplatinum (Pt,Pd)3(Fe,Cu), is created when platinum and/or palladium occurs in tandem with iron or copper. Some prospectors and miners in this locality are now utilizing high powered neodymium magnets placed underneath their sluices and in other recovery equipment to mine these minerals and exploit their inherent magnetism, in addition to the gold that is being recovered through traditional gravity methods. Magnetic pre-screening would also have the effect of removing these certain PGM’s along with black sands, making the recovery of gold easier.

Other links:

BC Government Minfile summary: http://minfile.gov.bc.ca/Summary.aspx?minfilno=092HNE193

Mindat mineral occurrence: http://www.mindat.org/loc-122860.html

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.

$5,000 for 100%

Please reply to this ad or contact us directly for map files, photos and more:

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

Tel (250) 999-1221

 

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