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File Created: 24-Jul-1985 by BC Geological Survey (BCGS)
Last Edit:  25-Feb-1988 by Derek A. Brown (DAB)

Summary Help Help

NMI
Name OLSEN (L.10054), OLSEN NO. 1 (L.10055) Mining Division Slocan
BCGS Map 082F075
Status Past Producer NTS Map 082F11E, 082F14E
Latitude 049º 44' 08'' UTM 11 (NAD 83)
Longitude 117º 03' 22'' Northing 5509231
Easting 495957
Commodities Silver, Zinc, Lead, Gold, Copper Deposit Types I05 : Polymetallic veins Ag-Pb-Zn+/-Au
I01 : Au-quartz veins
Tectonic Belt Omineca Terrane Quesnel
Capsule Geology

The quartz veins are hosted in potassium feldspar porphyritic granite of the Middle Jurassic Nelson Intrusions. Veins are less than 5 centimetres thick at surface. Quartz is aphanitic to fine-grained, dark grey to milky. Vugs are lined with quartz crystals. Sphalerite is black to dark red. Some veins are banded and brecciated.

The Olsen (Lot 10054) was Crown-granted in 1911 to C.F. Olsen. Earlier work consisted of a 30-metre adit. The property is located on Olson Creek, a tributary of Coffee Creek, and adjacent to Kootenay Glacier Provincial Park.

In 1939, eight tonnes of ore yielded 27,868 grams silver, 31 grams gold, 906 kilograms lead, and 1050 kilograms zinc.

In 1987 a grab sample assayed 3800 grams per tonne silver, 4.9 grams per tonne gold, 0.14 per cent copper, 11.6 per cent lead and 33.7 per cent zinc (Open File 1988-11).

PBX Resources Ltd. acquired the claims in 1989.

Bibliography
EMPR AR 1901-1031; 1911-290; 1939-96
EMPR BC METAL MM01343
EMPR FIELDWORK 1987, pp. 31-48,535-541
EMPR INDEX 3-208
EMPR OF 1988-11
EMPR P 1989-5, p. 14
GSC MAP 1091A
GSC MEM 308, p. 148
GCNL #246 (Dec.22), 1989
EMPR PFD 2457, 903746

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