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Placer Gold Lease


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Price Reduced to $170,000 Location and Access Located within the Clinton Mining Division of British Columbia Canada, the Union Bar Placer Leases are located 93km North West from Clinton on the Fraser River and 3km South of the Churn Creek confluence. Directions: Drive North on HWY 97 , take the Meadow Lake Rd turn off (located between Clinton and 70 Mile House) heading towards Gang Ranch. Mine site is located on the East side of the Fraser River.

Summary The mine site itself is exhibits potential for production values and reserve involving pre-glacial and residual gravels as well as glacial/inter-glacial bench gravels. The original miners were the Chinese who have worked portion of the site with the limited means available at the time. In the early 1990's the owner of the mine site performed 120m3 test (in a 10'x12'x10' excavation pit) located along the high river bench. This test pit produced almost 8 troy oz of gold. Smaller test sample were also taken with an estimated values of $3 to $15 per cubic yard (gold being valued in 1991 prices), approximate location noted within the Geological Report.

Description Union Bar Placer leases consists of three claims (for a combined area of 356 Acres) of which two of the claims are detailed in a Geological report - which is available for review. All three claims are located next to each other along the upper east banks of the Fraser River. The mining season can be 9-10months out of a year; however, the winter season is typically warmer in this zone and the potential mining season maybe extended. Typical gold from this are is flour gold mixed with a few smaller nuggets.

The following information can be found in the Google Drive line : (copy and paste the link below to your web browser)


1. Geological Report 2. Lease Map (currently all three claims are under one Lease agreement) 3. Mine Presentation 4. Overall view of Claims 5. Gold Sample 1 6. Gold Sample 2 7. Google Map overview of Lease 8. Overview photos of the area (Photos 1 to 5) 9. Several photos from Mine Presentation
Warning — This property is offered for mining purposes only and ownership of the title to it does not include ownership of the surface rights or the right to use the surface for residential or recreational purposes. Must have Free Miners Certificate to purchase. https://www2.gov.bc.ca/gov/content/industry/mineral-exploration-mining/mineral-titles/mineral-placer-titles/forms-maps-publications/forms-mineral-placer-titles#FMC

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Address:Canoe Creek
Clinton, British Columbia Canada
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Post Date:Jul 30, 2020
Exp. Date:Aug 29, 2020
Listing Type:Private
Ad Number:4231305
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Inquiring about: Placer Gold Lease

Listing: Placer Gold Lease

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