The Bounty Fraction (Lot 2962) past producer is located 2.5 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 Bounty Fraction began in 1906, under operation by Wallace Mountain Mining Co. Ltd. The first ore shipment was also made in this year. Additional shipments were made in 1907, 1909, 1910 and 1913 by the owners and various lessees. Work in 1916 under lease to A. Matuskey, I.H. Hallett and associates consisted of drifting along a shear, including 15 metres of ore. Ore shipments were made annually from 1916 to 1919. 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. Work in 1961 by Sheritt-Lee Mines Ltd. included some underground drilling and extending of the east drift. More ore shipments were made in 1949, 1959, 1960 and 1961. The main vein was developed by shallow shafts, opencuts and a crosscut tunnel over 61 metres long. Drifting and stoping were started on another small vein but drifting revealed the vein was faulted after a short distance in both directions; 15 and 18 metres respectively. Another crosscut tunnel was started on another small vein but drifting revealed the vein was faulted after a short distance in both directions.
The Bounty Fraction claim (Lot 2962) adjoins the Bounty claim (082ESW033) to the southwest and is 1.5 kilometres south of the Beaverdell mine (082ESW030). The claim is underlain by granodiorite of the Westkettle batholith. A quartz vein occupies a shear zone that strikes 270 degrees and dips 60 to 90 degrees north. The zone varies from 0.3 to 1.2 metres in width. The shear zone is iron stained. Fine grained, grey andesite dikes have intruded along this shear zone. North-striking faults dipping at moderate to steep angles to the northwest offset the vein. Mineralization in the quartz vein consists of sphalerite, pyrite, galena and tetrahedrite. Sample #95, a 0.16-metre channel sample taken from this shear zone, yielded 174.5 grams per tonne silver and 0.03 gram per tonne gold (Assessment Report 16772). Another grab sample yielded 304 grams per tonne silver, 0.3 gram per tonne gold, 1.2 per cent lead and 5.11 per cent zinc (Assessment Report 16772).
For a detailed description of the geology and mineralization of the area refer to the Beaverdell (082ESW030).
The Bounty Fraction past producer has a recorded production of 311 tonnes between 1906 and 1961. Ore was sent to both the Granby and Trail smelters. A total of 1,167,014 grams of silver, 31 grams of gold, 18,335 kilograms of lead and 3705 kilograms of zinc were recovered.
