The Gold Drop property (Lot 2937) past producer is located 3.0 kilometres west of the summit of Mount Wallace and 4.5 kilometres south-southeast of Beaverdell, British Columbia (Assessment Report 16772). The Gold Drop group consisted of the Gold Drop (Lot 1195s), Gold Drop Fraction (Lot 3154) and Gold Drop Fraction No. 2 (Lot 1196s). The Gold Drop remains a Reverted Crown grant and the latter two have been forfeited as of February 15, 1994.

A 6-metre tunnel was driven along a high-grade vein on the Gold Drop claim in 1904. The Gold Drop and Gold Drop No. 2 Fraction were Crown granted to K.C.B. Frith and associates in 1911. In 1925, the claims were leased and bonded to Kettle River Mining Co. Opencuts were cleaned and a vein was traced by trenching. The Gold Drop Fraction was Crown granted in 1925 to R. Forshaw. A shaft was sunk at 1469 metres elevation and a 12-metre tunnel was driven 21 metres lower in elevation. A 1.5-metre winze was sunk from the end of this tunnel. Numerous opencuts continue downhill to an elevation of 1414 metres where a lower tunnel was driven 53.5 metres along a 1.2-metre wide vein. In 1927, the Gold Drop group, consisting of the Gold Drop, Homestake (Lot 11197s), Alaska Fraction (Lot 2938), Gold Drop Fraction and the Gold Drop No. 2 Fraction, were leased to a Killarney syndicate. Considerable surface development was done, including trenches, opencuts and extension of the lowest tunnel 18 metres on the vein extension below the shaft, by Kelowna interests in 1929. Sixty-one metres northwest of the main shaft another vein was exposed by shallow shafts and opencuts. In 1947, Highland Silver Mines Ltd. acquired the property. The Cranberry Creek Gold Mining Co. Ltd. leased the property in 1950. A new 91-metre adit was driven and two partly caved shafts were reconditioned. Ore from the old surface dumps was hand sorted and a shipment was made to the Trail smelter. The most recent interest in the Buster property has been by Canstat Petroleum Resources Corp. in 1983.

Initial prospecting began in the Beaverdell area in the late 1880s. The first ore was shipped in 1896. The major producing mines in the Beaverdell silver-lead-zinc vein camp, from west to east, were the Wellington (082ESW072), Sally and Rob Roy (082ESW073), Beaver (082ESW040), and Bell (082ESW030), with numerous other small workings throughout the area. For a detailed description of the geology and mineralization of the area refer to the Beaverdell (082ESW030).

The Gold Drop property adjoins the Alaska claim (082ESW191) in the northeast and is one kilometre north-northeast of the Fran property (082ESW071). The area is underlain by Westkettle granodiorite. Mineralized quartz veins occupy an east trending shear zone dipping vertical. This zone is badly crushed and faulted and also hosts a quartz latite (Idaho-type) dike which locally cuts off the mineralized zone. The quartz veins range from 5 centimetres to 1.5 metres in width and in one area split and dip in different directions.

Mineralization consists of varying proportions of pyrite, galena, sphalerite, chalcopyrite, tetrahedrite and native silver in a gangue of mainly quartz with lesser brecciated granodiorite hostrock and occasional barite, calcite and chlorite. These commonly occur in widely separated irregular lenses up to 15 centimetres wide or as disseminations in quartz. Malachite occurs as an oxidation product. In 1926, a sample from the main shaft sunk in the same year yielded 51.4 grams per tonne gold and 377.1 grams per tonne silver (Minister of Mines Annual Report 1926, page A210). A sample from the lower tunnel yielded 54.9 grams per tonne gold and 104.5 grams per tonne silver (Minister of Mines Annual Report 1926, page A210). A 0.09-metre channel sample (47156c) taken in 1983 yielded 634.2 grams per tonne silver, 0.27 per cent lead, 0.16 per cent zinc and 0.14 per cent copper (Assessment Report 12734).

Total recorded production from the Gold Drop occurrence was 10 tonnes in 1950 and 1951 from old surface dumps on the Gold Drop Fraction. A total of 8305 grams of silver, 31 grams of gold, 517 kilograms of lead and 430 kilograms of zinc were recovered.