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File Created: 21-Jan-1992 by Peter S. Fischl (PSF)
Last Edit:  27-Jun-2011 by Larry Jones (LDJ)

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NMI
Name MAGNETITE RIDGE, MRM 1, LODE 1 Mining Division Similkameen
BCGS Map 092H046
Status Showing NTS Map 092H07W
Latitude 049º 29' 10'' UTM 10 (NAD 83)
Longitude 120º 53' 02'' Northing 5483649
Easting 653260
Commodities Copper, Iron, Magnetite Deposit Types M05 : Alaskan-type Pt+/-Os+/-Rh+/-Ir
Tectonic Belt Intermontane Terrane Plutonic Rocks, Quesnel
Capsule Geology

The Lode 1 showing is 4.25 kilometres northwest of the summit of Lodestone Mountain and 27 kilometres west-northwest of Princeton.

A rusty shear zone cuts pyroxenite of the Early Jurassic Tulameen Ultramafic Complex, at the western contact with Upper Triassic Nicola Group metavolcanics. The pyroxenite is carbonatized and exhibits chlorite-rich layers.

The pyroxenite contains disseminated magnetite and minor pyrite and chalcopyrite. A sample assayed 20.53 per cent iron and 0.043 per cent copper (Assessment Report 11888, Appendix 1, sample AT 210).

The showing was sampled by Lodestone Mining Corporation in 1983.

Magnetite Ridge Metals and Minerals Ltd. operated the property in 2008.

Bibliography
EMPR ASS RPT *11888, 27009, *31256
EMPR EXPL 1988-B71-B81; 2002-41-50
EMPR FIELDWORK 1987, pp. 281-294
EMPR OF 1988-25
EMPR P 1992-6
GSC MAP 46A; 888A; 1386A; 41-1989
GSC MEM 26; 243
GSC P 85-1A, pp. 349-358
CJES Vol. 6, pp. 399-425 (1969); Vol. 24, pp. 2521-2536 (1987)
Findlay, D.C. (1963): Petrology of the Tulameen Ultramafic Complex,
Yale District, British Columbia, unpublished Ph.D. thesis, Queen's
University, 415 pages.

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