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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/Similkameen
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Similkameen River Placer Gold/Platinum Mining Property $3500
 Ad #:186
 Market Status: Unsold/Available
 Listing Type: For Sale
 Price: $3,500
 Category:Gold claims and placer mines for sale
 Locality:Okanagan/Similkameen
Description

Similkameen River Placer Gold/Platinum Mining Property $3500

- 170 metres downstream of the mouth of the Pasayten River, whose outwash flows into the claim

- Located on the 1st large outside and inside gravel bend beyond the Pasaytens mouth

- High gold values occur in the underlying bedrock units

- Intersected by Crowsnest Highway #3, year round with parking available and several campsite options

- Similkameen Falls is 500 metres east

42.25 hectares / 104.4 acres. The property is comprised of BC placer claim 1036391. Location is approx. 48 Km. south of Princeton , British Columbia, along Crowsnest Highway 3, or approx. 80 km. southeast of the city of Hope, BC. The claim centre is at latitude 49.162360° longitude -120.585600°. The property is intersected by Highway #3 and can be accessed year round. Car or RV parking is available at various points, directly on the property. Numerous campsite options are available.

(From Minfile 092HSE233) Placer deposits have been worked at intervals for some 48 kilometres along the river. Most recorded production and exploration has occurred along a stretch extending upstream from Princeton for 14 kilometres and continuing downstream past Princeton for 8 kilometres. Total gold production up to 1950 is estimated at 229,200 grams. Recorded platinum and silver production is 14,900 and 6200 grams respectively. Gold and platinum occurs in flour, fines, grains and nugget sized particles. Nuggets occur up to 160 grams.

Gold occurs in the underlying bedrock units of this property, which is the most likely account of enrichment in gravels onsite. These occurrences are documented by Minfile Summaries  092HSE068 (Pasayten Prospect) and 092HSE191 (Golden Grown):

(From Minfile 092HSE068): The Pasayten prospect is situated 400 to 800 metres west of the confluence of the Similkameen and Pasayten rivers, 34 kilometres south-southwest of Princeton. Old workings on the property consist of an adit about 51 metres long and another about 40 metres, with some shallow opencuts and trenches. Mineralization is hosted in numerous narrow quartz veins in foliated mafic volcanics. The veins outcrop over a 400 by 300 metre area lying within and east of Lot 229. A selected grab sample from the lower tunnel of the faulted vein assayed 4.8 grams per tonne gold, 20.6 grams per tonne silver and 4.5 per cent copper (Minister of Mines Annual Report 1927, page 250). Ten grab samples of selected material from the veins assayed 0.03 to 30.65 grams per tonne gold, 1.1 to 13.6 grams per tonne silver.

 (From Minfile 092HSE191): The Golden Crown showing is located on the east bank of the Similkameen River, just south of its confluence with the Pasayten River and 34 kilometres south-southwest of Princeton. This area is underlain by schistose metasediments and metavolcanics derived from the Upper Triassic Nicola Group. These units generally strike northwest, roughly paralleling the contact with the Late Jurassic to Early Cretaceous Eagle Plutonic Complex to the west. A 21-metre long adit, driven mostly through overburden and broken or loose rock, encountered quartz mineralized with bornite. A considerable amount of this material was removed from the adit. The vein from which this material originated was reported not to be visible in the face of the adit. Sorted ore at the adit dump averaged about 2 per cent copper. High values in gold and silver are also reported.

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 $500 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

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