The Gold Belt property covers ground located west of the Motherlode (082FSW041) and Golden Belle (082FSW043) mines, between Sheep Creek on the south and the south slope of Reno Mountain on the north, some 11.2 kilometres southeast of Salmo. The principal claims include the Joint (Lot 8344) (082FSW259), Double Joint (Lot 8345), Navada (Lot 8869), and Columbia (Lot 8870)(082FSW044).
The Navada was staked in 1905 at about 1371 metres and Crown-granted in 1911 to H. Amas and A. Pool. A 51-metre adit was driven on the Navada claim. During 2008 through 2016, Yellowstone Resources Ltd. examined the area as the Sheep Creek property. In late 2016, Margaux Resources Ltd. optioned the property and in 2017 examined the area.
The Navada vein is part of the old Gold Belt property (082FSW044). The vein is a northeast trending fissure typical of the Sheep Creek camp (refer to the Gold Belt property for details of the camp geology and exploration and development). It is near vertical and hosted by Lower Cambrian Reno Formation quartzites (correlative with the Hamill Group) along the western anticline.
The vein is very narrow and carries a quartz gangue with disseminated pyrite, arsenopyrite and some galena and sphalerite. One sample across 25 centimetres assayed 7.2 grams per tonne gold and 13.71 grams per tonne silver (Geological Survey of Canada Memoir 172, page 34). Access at lower levels was via the Dixie adit. The vein has been designated the Navada, Dixie or 6600 vein in various references.
Tonnage mined to the end of 1950 was 33,500 tonnes from which 11,725 ounces of gold was recovered (Bulletin 31, p. 52).