The RC showing outcrops in the headwaters of Olivine Creek, 25 kilometres west-northwest of Princeton.
Magnetite, with minor pyrite, pyrrhotite, chalcopyrite and bornite occur in olivine pyroxenite and gabbro of the Early Jurassic Tulameen Ultramafic Complex.
Work History
Bethex Explorations and Bethlehem Copper Corporation completed a magnetometer survey and drilled two holes totalling 183 metres in 1968 and 1970.
In 2017, a chip sample (S-01) of olivine pyroxenite hosting greater than 5 per cent sulphides assayed 1.848 grams per tonne gold, 0.107 gram per tonne platinum, 0.971 gram per tonne palladium and 0.680 per cent copper over 3 metres (Kerr, J.R. (2018-10-04): Technical Report on the Olivine Mountain Property).
In 2018, GSP Resources Corp. completed a program of soil sampling and a 370 line-kilometre airborne geophysical survey on the area as the Olivine Mountain property. The following year, seven diamond drill holes, totalling 1200 metres, were completed on the Olivine Mountain property.