The Bounty (Lot 2348) past producer is located 2.25 kilometres west of the summit of Mount Wallace and 2.5 kilometres south- southeast of Beaverdell, British Columbia (Assessment Report 16772).

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.

Past development on the Duncan began in 1903. By 1904, 30 metres of tunnelling had been done along a vein with exceptionally high-grade ore. The Bounty claim was Crown granted to S.M. Johnson and P.D.S. Stanhope in 1910. Work, including an ore shipment, was conducted by the Phoenix Mining, Smelting and Development Co. Ltd. in 1913. In 1925, under lease and bond to Federal Mining and Smelting Co., high-grade ore was encountered along shear zones discovered by surface trenching and shipped. From 1926 to 1929 the ground was leased to A. McPhee with the discovery of further ore underground. Beaverdell-Wellington Syndicate Ltd. became the owner and operator from 1938 to 1939. In 1940, O. Houlind acquired ownership. Since 1946, work has been intermittent and ownership has changed several times: 1946 - Silver Bounty Mines Ltd., 1958 - Sheritt-Lee Mines Ltd., 1963 - Ruby Silver Mines Ltd., 1971 - Copper Bounty Mines Ltd. and 1983 - Walmont Precious Metals Corp. The occurrence is currently owned by IGF Metals Inc. Past development included a minimum of two crosscuts, a 96-metre drift along the vein, a 30-metre winze, a 15-metre raise, 43 metres of diamond drilling and numerous surface trenches and opencuts. Stoping occurred primarily above the lower (main) crosscut and a drift.

For a detailed description of the geology and mineralization of the area refer to the Beaverdell (082ESW030).

The Bounty claim (Lot 2348) is located one kilometre south of the Beaverdell mine (082ESW030) and is underlain by granodiorite of the Westkettle batholith. An irregularly broken quartz vein occupies a 2 to 20 centimetre wide shear zone that strikes 110 degrees and dips 65 degrees south. Mineralization consists of sphalerite, pyrite, galena, pyrargyrite and tetrahedrite in a gangue of mainly quartz. Northeast-striking, high angle normal faults have moved the western portion of the vein to the north and flat faults have moved the higher portions of the vein into the footwall. The quartz vein has not been picked up beyond two faults on the eastern end. Renewed interest has been expressed by IGF Metals Inc. on the 'Logan-Bounty Fr.' and 'Bounty South' veins. A grab sample (Sample #94) from a dump yielded 66.17 grams per tonne silver and 0.03 gram per tonne gold (Assessment Report 16772). The sample was composed of quartz vein with minor galena, sphalerite and pyrite.

Total recorded production from the Bounty past producer was 200 tonnes, mined intermittently between 1925 and 1942, from which 1,099,086 grams of silver, 93 grams of gold, 12,861 kilograms of lead and 13,901 kilograms of zinc were recovered.