The Silver Dollar property is 3,160 hectares in area and is located approximately 45 km southeast of Revelstoke, B.C.
Silver Dollar is located within the historical Camborne mining camp and covers approximately 12 km of a regional scale mineralized structure hosting numerous gold, silver, lead and zinc prospects. Sporadically developed and mined between the early 1900’s and the 1980’s, the property has not seen extensive drilling campaigns.
Historical data has not been verified by a QP under NI43-101(1).
- In 1933, the Gillman shipped between 1 and 14 tonnes of ore grading 62 g/t gold and 62 g/t silver.
- In 1984, a drill hole on the Silver Dollar zone returned 2.10 m grading 229.0 g/t silver, 1.0 g/t gold, 10.95% zinc, 4.04% lead and 0.29% copper.
- Historical production from the Goldfinch in 1903 at the north end of the property was 1,316 tonnes averaging 15.9 g/t gold and 4.3 g/t silver.
- Initial due diligence by Happy Creek Minerals in 2013 returned samples containing 50.30 g/t gold, 216 g/t silver and 4.49 g/t gold, 4496 g/t silver. Important base metal results include a 1.8 m chip sample returning 16.8% zinc, 3.9% lead, 1.67 g/t gold and 241.0 g/t silver.
- In 2015, Happy Creek Minerals conducted detailed soil sampling that identified two sub-parallel and strongly positive zones of gold in soil extending 500 m that remain open in extent. On the southern most grid line, nine of ten continuous samples were over 111 ppb gold and up to 2,500 ppb gold. This corresponds to a zone, approximately 225 m in width, that remains open to the south and east. Two adjacent lines to the north contain similar values up to 868 ppb gold over 175 and 100 m width, respectively.