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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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TULAMEEN BRIDGE Gold Platinum Placer Claim $2,000
 Ad #:209
 Market Status: Unsold/Available
 Listing Type: For Sale
 Price: $2,000
 Category:Gold claims and placer mines for sale
 Locality:Okanagan/Similkameen
Description

TULAMEEN BRIDGE Gold Platinum Placer Claim $2,000

-Unique access: the former KVR railway tunnel leads the claim steps away from parking; the former KVR bridge intersects the property allowing easy access to both sides of the river;

-600 metres of workable creek frontage on the east river bank and 120 metres on the west. Rivers levels recede in late summer to increase the workable area of exposed gravels;

-Richest platinum river in North America and 2nd richest worldwide.

21 hectares / 51.893 acres. BC placer tenure 1041758. Excellent year round access, located within the town limits of Princeton, British Columbia. Access is available by at least 3 methods. Firstly by parking at a roadcut on the side of Crowsnest Highway 3 and walking downhill to the claim. Secondly by parking by the KVR trail at the end of Tulameen Trail Rd. in Princeton, taking the trail directly to the site. Thirdly by parking on Similkameen Av. and walking through the KVR tunnel to the river. All of the accesses described are within or very near the claim boundaries. The claim covers approx. 720 metres of total river frontage. The claim centre is at latitude  49.447780° longitude -120.529350°.

(From Minfile 092HNE199) Some of the richest placers mined in the Tulameen district occur along the upper Tulameen River, in the canyon between Champion and Olivine creeks, both in the river bed and in adjacent gravel benches. Here, one deposit located 1 kilometre below Eagle Creek and 13 kilometres upstream from Tulameen (Sootheran lease), contains measured geological reserves of 218,000 cubic metres grading 3.44 grams of gold equivalent per cubic metre for combined gold and platinum. A shaft sunk on a bench 11 kilometres above Tulameen, also in the canyon, intersected coarse gold and platinum grading 4.8 grams of gold equivalent per cubic metre for combined gold and platinum. Precious metal grades continue to decline downstream from the canyon. Just below the canyon, 4 kilometres upstream from Tulameen, a hole drilled to a depth of 4.9 metres yielded 1.0 gram of gold equivalent per cubic metre for combined gold and platinum. Farther below the canyon, across from the mouth of Otter Creek at Tulameen (the location of this property), river gravels are estimated to yield 0.45 gram of gold per cubic metre, with traces of platinum.

In this locality, magnetic platinum (isoferroplatinum) 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 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 much easier.

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.

Asking $2000 for 100%. Finance for 6 months with $500 down.

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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