The LAKEVIEW showing is located approximately 1.5 kilometres west of Peachland. The showing consists of disseminated sphalerite, chalcopyrite, pyrite, galena, and molybdenite within granodiorite of the Early Jurassic Pennask Batholith. The southern side of the mineralized zone, which measures approximately 100 by 300 metres, is bounded by a feldspar-porphyry syenite intrusion. Amphibolite dikes are present along the north side. Propylitic alteration of the granodiorite is pervasive in the mineralized zone.
The property was optioned in 1957 by Canadian Exploration Limited, who carried out a program of stripping (6000 square metres), and 211 metres of diamond drilling in 8 holes. The results were discouraging and the option dropped. In 1965, King Resources Ltd. carried out a program of mapping, prospecting and trenching. Their work included examination of the LYLA NO. 2 showing, now known as the LAKEVIEW. They found a shaft 5 metres deep sunk on a quartz vein which contained fine to medium-grained pyrite and minor galena and sphalerite. Azurite and malachite were noted on nearby joint surfaces. The shaft was reported to have been sunk in the late 1890s by the Camp Hewitt Gold Mining Company. In 1967, a trenching program was funded by Pine Pacific Mines Ltd. and Slave Pacific Mines Ltd. Seventeen trenches were excavated for a total of approximately 490 metres of trenching. In 1979-80, Brenda Mines Ltd. carried out a program of prospecting and soil geochemistry. The program identified a lead-zinc soil anomaly in the vicinity of the LAKEVIEW showing.
Another mineral occurrence, the SILVER CUP, is included with this showing, and is believed to be located several hundred metres to the east. Mineralization consists of minor amounts of magnetite, hematite, pyrite, chalcopyrite and chalcocite in small shears and slickensided low-angle fractures. These are hosted by an epidote- chlorite-biotite-potassium feldspar altered gabbro. Pyroxenite, hornblendite, gneiss and porphyritic dacite are also present. Malachite staining is noted near contacts. No additional information is available on the SILVER CUP occurrence.
