21 hectares / 51.893 acres. The property consists of BC placer claim 1074688. From the town of Princeton, British Columbia, proceed ~4.5 km east on Old Hedley Road, directly to the site. Park roadside to access site directly. 500+ metres of gravel frontage on each side of the Similkameen River. The claim centre is at latitude 49.460280° longitude -120.410600°.
In 2010, prospecting work occurred on the property. Results from the report were as follows: “Approximately one cubic metre of gravels were dug from various small test pits, to depths ranging up to approximately 60cm, were classified then hand panned, resulting in slightly over 0.70 grams of Au, with trace Pt flecks” http://aris.empr.gov.bc.ca/ArisReports/32774.PDF
From https://minfile.gov.bc.ca/Summary.aspx?minfilno=092HSE233 (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. (The subject property is favourably situated within this stretch). Total gold production up to 1950 is estimated at 229,200 grams. Recorded platinum and silver production is 14,900 and 6200 grams respectively.
The gold to platinum ratio in this stretch of the river is documented at 4:1.
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.
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