Similkameen River Mining District
Similkameen River Gold Claims For Sale

IMPORTANT NOTICE: Properties offered for sale hereunder, are for mining purposes only and do not include ownership of surface rights or the right to use the surface for residential or recreational purposes.

Similkameen Gold Camps

Historically, with the Town of Princeton serving as the hub, the earliest discovery of placer gold in the region was made as early as 1858, on the Upper Similkameen River, between Princeton and the Manning Park region. This created an influx of prospectors who initially converged on the area to recover the gold values, and when later recognized for its precious metal values, the platinum.

In the few ensuing years, explorations extended northward, resulting in discoveries being made on Granite Creek, thus sparking the beginning of the Tulameen Mining District. Since those early days and to date, sizable gold and platinum nuggets, along with values of fine gold and platinum, have been won from the renowned waters of both the Upper Similkameen River and Tulameen River Districts. These two regions became the primary focus for a large numbers of miners flooding into the area, creating the boomtowns of Blackfoot, Blackfoot Flats, Granite City and the Village of Tulameen.

Geographically, these high-producing watercourses merge at the Town of Princeton, where the Tulameen River reaches its terminus and enters the Similkameen, to then carry onward to the Similkameen’s terminus, slightly below the International Border at Oroville, in Washington State. Oroville is situate immediately south of Osoyoos, BC.

Placer Claims For Sale

Similkameen River Gold District
Geologically, since the melt of at least the last glacial event, values of gold and platinum from both the Upper Similkameen and Tulameen River regions have been carried downstream, to become deposited within the East Similkameen Gold District, thus, offering the best of the outflow from both of these historic gold districts. Each year, immeasurable amounts of gold and platinum [fines, float and potentially sizable nuggets] is transported down this river system from the upper gold fields, perpetually refreshing the East Similkameen River’s overall potential. Random sampling results have ranged from 20 to 50 easily visible colors per [small] pan from bank run material and gravels. By example, one client has reported a recovery of two grams over ten pans, from bank run. Clients who have purchased other GPEX properties along this area, have offered such expressions as, “more than pleased” to “I’ve really hit the bonanza.”

Though GPEX had the Similkameen East Group in its scope for many years, due to the vast number of hardrock properties still remaining in portfolio, the company held back on their staking until the timing was right. In the interim, it was amazing that others had not effected similar research nor conducted fieldtrips to determine the area’s potential. Along the Similkameen River east of Princeton, ground which otherwise did not fall within Indian Reserves or was restricted by other encumbering factors, and only those of which GPEX felt worthy of adding to its own portfolio, were staked. Once the more prime ground bearing the greater potential had been secured, it was then none-the-less amusing, watching the mini-staking-frenzy which ensued over any remaining open land situate along that stretch of the Similkameen River.

The “Similkameen Group” of tenures extends over a 5 kilometre stretch of the river, from the 23.75 kilometre mark to the 28 kilometre mark (both in air kilometres east of the Tulameen’s convergence with the Similkameen). The eastern-most claim lies just 5 kilometres west of the celebrated and historic gold camp of Hedley.

Access to all properties would be considered excellent, with BC Highway #3 paralleling the south side of the Similkameen River, and the Old Hedley Road similarly bordering on the river’s north side. Properties in the East Group offers three vast Forestry camping sites, situate along the claim areas on the Old Hedley Road side of the river. These locations facilitates from rough camping up to (non-serviced) motorhome camping, while offering picturesque riverside views with an ambient atmosphere, thus enhancing the overall prospecting venture. This region is also, ideally suited for the family setting. Princeton, though a smaller community of approx. 3000, offers many services and hosts numerous retail outlets (please view further details on Princeton).

The properties listed herein, were not initially acquired for the purpose of selling. However, due to varied changes along life’s road, decision was made to significantly downsize the company’s portfolio. Also, in considering the purchase of a quality property, bear in mind that GPEX’s outlook is not in seeking exorbitant returns from its claims but rather focuses on recouping only the value of its investment, while offering prospecting opportunities at affordable prices to all bearing such interest. Therefore, claim quality cannot be measured by its low price. With today’s soaring gold prices, a return on the initial investment could be rapidly realized. Purchase for yourself or, as a group with one or more prospecting buddies.

Central Similkameen Placer Tenures
"Properties For Sale"

Tenure #1031281 - Dream Catcher #1

Gold - Platinum - Silver
Longitude 120° 19' 00.6" Latitude 49° 26' 37.0"
1 cell – 21 hectares (51.89 acres)
Price: $ 2,300

Tenure #1031282 - Dream Catcher #2

Gold - Platinum - Silver
Longitude 120° 18' 38.1" Latitude 49° 26' 37.0"
1 cell – 21 hectares (51.89 acres)
Price: $ 2,100

Tenure #1031287 - Similk

Gold - Platinum - Silver
Longitude 120° 18' 38.1" Latitude 49° 26' 22.0"
1 cell – 21 hectares (51.89 acres)
Price: $ 2,300

The above placer tenures are situate along the Similkameen River, 14 kilometres East of the town of Princeton. Highway #3 parallels on the south side of the river, with The Old Hedley Road paralleling along the north. Each of the claims hold good ground for non-mechanized placer operations. Varied visits to the river between Princeton and Hedley have shown to hold promising potential for both gold and platinum. Wolf Creek Indian Reserve overlies certain (yet insignificant) segments of two of the properties, of which such IR ground is off limits to prospecting.

Similkameen Mining History

The following data is provided to share in the placer mining history of that segment of the Similkameen River situate east of Princeton.

The western portion of the Similkameen River extending eastward from Princeton toward Hedley, flows through a broad valley flanked on either side by gravel terraces comprised of reworked glacial material. Historically, considerable work had been carried out upstream (south) from Princeton, only limited exploration occurred along a stretch extending downstream past Princeton for 8 kilometres. The alluvial gravels yielded black sands containing fine platinum, in addition to gold. The ratio of gold to platinum recovered from these gravels was 4:1 Gold is reported to occur as "coarse scales," mixed with a considerable proportion of platinum in similar-sized particles. One of the larger gold nuggets found on the river weighed 160 grams. One of the richer deposits occurred in an elevated bench at Princeton, and consisted of 1.5 to 1.8 metres of cemented gravel on a sand bed. Gravels tested on a bench 5 metres above the river, just below Princeton, averaged 1.83 grams of gold and 0.12 gram of platinum per cubic metre. Farther downstream, a hole drilled to 9 metres depth averaged 1.43 grams per cubic metre of gold equivalent for combined gold and platinum.

Source material from both the Tulameen River and the upper Similkameen River, in addition to copper/gold deposits slightly upstream from the tenures, supply the area with its potential. In brief mention of historic operations upstream from Princeton, one operation in particular, 6.5 kilometres upstream from Princeton, mined 600 cubic metres of gravel in 1895, containing 1.2 grams of gold per cubic metre and a considerable amount of platinum. Since 1900, only minor production has been recorded, largely from dredging operations in the vicinity of Princeton. One dredge operated by A.R. Watkins and Sons, 3 kilometres south of Princeton, produced 1400 grams of gold over a two month period in 1941. Shortly afterwards, Cam Roy Mining produced 4320 grams of gold and 824 grams of platinum from about 6000 cubic metres of gravel at the same location in 1941. Atkinson Dredging Company Ltd. also operated a dragline dredge on the Similkameen River between 1947 and 1950. The dredge first mined a 1.6-kilometre stretch, 1.5 kilometres south of Princeton, during 1947 and 1948. Subsequent dredging was conducted on a section beginning 300 metres east of the confluence with the Tulameen River and continuing east for 5 kilometres, between 1948 and 1950. This operation recovered 50,045 grams of gold, 6221 grams of silver and 10,637 grams of platinum from 433,932 cubic metres in 1948 and 1949. Total gold production between 1885 and 1950 is estimated at 229,200 grams. Recorded platinum and silver production is 14,900 and 6200 grams respectively. Only minor prospecting has occurred since the 1950's.

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East Similkameen Tenures

Tenure #1020829 - River Run

1 Cell Tenure – 21.03 hectares
120 12 15.6 W 49 23 22.0 N - 23k East of Princeton

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