The Putnam Creek deposit is located on Putnam Creek, about 8 kilometres north of Lumby.

Bedrock in the area comprises volcanic and sedimentary rocks of the Upper Triassic to Lower Jurassic Nicola Group. These have been intruded by granitic rocks of the Jurassic Nelson Intrusions.

Gravels in the vicinity of this creek are extensive. Gold is sparse in the surface slaty gravels, but is reported to be more abundant in the underlying reddish gravels of schistose and gneissic materials. The gold is heavy, well-rounded and is associated with black sand. "Interesting" values were reported from several shallow pits.

In 1936, 155 grams of gold is recorded as production from Putnam Creek (Bulletin 28, page 63).

No other information is available.