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File Created: 07-Sep-2017 by Karl A. Flower (KAF)
Last Edit:  01-Apr-2022 by Karl A. Flower (KAF)

Summary Help Help

NMI
Name WILSON, AREA 2, PLACER MOUNTAIN, CATHEDRAL, PRINCETON PROJECT Mining Division Osoyoos, Similkameen
BCGS Map 092H018
Status Showing NTS Map 092H01W
Latitude 049º 09' 33'' UTM 10 (NAD 83)
Longitude 120º 27' 30'' Northing 5448270
Easting 685311
Commodities Gold, Silver Deposit Types I01 : Au-quartz veins
Tectonic Belt Intermontane Terrane Quesnel
Capsule Geology

The Wilson (Area 2) occurrence is located on a low east-west–running ridge in the eastern headwaters of Placer Creek, approximately 7.5 kilometres east-southeast of its junction with the Similkameen River.

The area is underlain by andesitic volcanics and dacitic intrusives of the Eocene Princeton Group. Basaltic volcanic rocks of the Upper Triassic Nicola Group (eastern volcanic facies) occur to the north.

Locally, angular float and/or subcrop consisting of brecciated andesite and altered argillite host oxidized and limonite-stained quartz veins with up to 5 per cent disseminated pyrite. Later work, in 2018, identified a ‘high-grade’ gold-bearing quartz-goethite vein system hosted in siltstone and granite that has been traced over a strike length of approximately 235 metres. The vein system changes along strike from a single steep to moderate-dipping vein in siltstone in the southwest to a broader, granite-hosted vein and stock zone, approximately 35 metres wide, to the northeast. The vein system is reported to be open to the southwest.

In 2010, float samples of quartz-veined boulders hosting finely disseminated to coarse-grained pyrite yielded up to 25.34 grams per tonne gold (sample PM10-R07; Assessment Report 31993).

In 2011, 13 of 36 angular float and/or subcrop samples yielded values greater than 10.0 grams per tonne gold and up to 66.24 grams per tonne gold (Assessment Report 32838).

In 2015, quartz float samples, taken approximately 2.5 kilometres to the north-northeast of the 2A area, yielded up to 25.28 grams per tonne gold (Assessment Report 36108).

In 2018, two bedrock chip samples of the vein from trenches are reported to have yielded up to 217 and 99.7 grams per tonne gold over 0.9 metre, each (Carlson, G.G. [2020-11-24]: Technical Report for the Princeton Property, Similkameen Mining Division, Princeton Area, British Columbia, Canada).

In 2019, channel samples from trench CT3 of a siltstone-hosted vein yielded 44.2 grams per tonne gold over 1.6 metres of vein width, whereas 150 metres to the northwest, trenches CT5 and CT7 exposed quartz veins within a granite yielding 3.59 grams per tonne gold over 3 metres and 5.06 grams per tonne gold over 1.7 metres, respectively, of vein and wallrock material (Carlson, G.G. [2020-11-24]: Technical Report for the Princeton Property, Similkameen Mining Division, Princeton Area, British Columbia, Canada).

In 2020, a representative and a high-grade sample of quartz vein material from trenches are reported to have yielded 29.1 and 41.5 grams per tonne gold with 31.8 and 43.6 grams per tonne silver, respectively (Carlson, G.G. [2020-11-24]: Technical Report for the Princeton Property, Similkameen Mining Division, Princeton Area, British Columbia, Canada).

Work History

In 2006, the area was prospected by A.B. Hemingway as the Cathedral property. In 2007, the area was prospected and soil sampled as the AU 2 claim. In 2008 and 2010, programs of rock, silt and soil sampling were completed on the area as the Placer Mountain claims.

In 2011, Windfire Capital completed a large program of rock and soil sampling on the area as the Princeton project. In 2014 and 2015, 1007879 BC Limited completed programs of rock and soil sampling, and geological mapping on the area.

In 2017 and 2018, Tasca Resources Ltd. completed programs of geochemical (rock and soil) sampling and trenching on the area as the Princeton property. This work identified the Wilson Gold zone. In 2019 and 2020, Damara Gold Corp. completed a program regional exploration that including rock sampling, a 2347 line-kilometre airborne magnetic survey and 710 metres of trenching.

Bibliography
GSC MAP 888A; 889A; 1386A; 41-1989
GSC P 85-1A, pp. 349-358
Butrenchuk, S.B. (2011-02-08): NI 43-101 Technical Report – Princeton Property Project
*Carlson, G.G. (2020-11-24): Technical Report for the Princeton Property, Similkameen Mining Division, Princeton Area, British Columbia, Canada

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