The Shuswap River placer deposit is located about 9.5 kilometres south of the Sugar Lake dam.

In 1931, leases were acquired on the Shuswap River below Sugar Lake and good values were reported.

The area is underlain by volcanic and sedimentary rocks of the Upper Triassic to Lower Jurassic Nicola Group.

Placer activity, but no production, occurred on the Shuswap River. No other information is available.