Dividend Property

Dividend Copper Gold Tungsten Project

Summary:

The Dividend Property consists of eleven contiguous claims comprising 1,367.31 ha.

Location:

The Dividend Property is located in the South Okanagan region of British Columbia. The property is situated 12kms East of the Nickel Plate Mine, Hedley BC. It is approximately 250 kms East of Vancouver, and 24 kms Southwest of the city of Penticton.

Mineralization:

Dividend Zone (MINFILE 082ESW124)

• Mineralization style:

  • En-echelon pyrrhotite-rich skarn lenses with disseminated chalcopyrite, scheelite, magnetite, pyrite, and minor wolframite.

  • Lenses range from a few cm up to 3 m wide and ~15 m long, vertically dipping, and traced over ~2.4 km of strike length with an inferred thickness of ~500 m.

• Significant assays:

  • Dump sample: 0.46% Cu, 6.8 g/t Ag

  • Dump sample: 0.26% Cu, 6.0 g/t Ag

  • 2.5 m chip: 0.44% Cu, 1.71 g/t Ag, 0.01% W

  • UV-tested skarn sample: 0.32% Cu, 3.43 g/t Ag, 0.82 g/t Au, 0.33% W

Lookout Zone (MINFILE 082ESW053)

• Mineralization style:

  • Gold-bearing skarn and quartz–sulphide vein systems developed at intrusive–carbonate contacts.

  • Host rocks: Carboniferous–Triassic chert, greenstone, argillite, intruded by granodiorite/diorite stocks.

  • Mineralization includes native gold in quartz, with chalcopyrite–pyrrhotite–magnetite assemblages.

• Significant assays:

  • Grab sample 40489: 0.21% Cu, 1.03 g/t Ag, 0.03% W

  • Chip sample 40488 (1.5 m): 0.11% Cu, 1.03 g/t Ag, 0.03 g/t Au

History:

The Dividend property, initially staked in 1900 following the discovery of a pyrrhotite oxidation cap. Early activity included shaft and open-cut mining by the Keremeos Mining Syndicate and subsequent ownership by Olalla Mining and Smelting Company. Significant work resumed in the 1960s, including geophysical surveys by Cominco and Apex Exploration. During the 1970s, Southcan Mining Ltd. consolidated multiple claims on Dividend Mountain, conducting soil sampling, magnetic surveys, and an aeromagnetic survey. Exploration in the 1980s by L. Reichert and Summit Pass Resources included geophysical surveys and rock sampling, targeting gold, copper, and tungsten mineralization. Additional soil geochemical surveys and rock sampling were performed by Crown Resource Corp. in 1991. After a lapse in exploration, the property was restaked in 2005. A large portion of the currant property was last covered by an Airborne survey in 2012 as a part of the larger Nelson Ker-Au Property.

Potential:

The Dividend Property shows strong potential to host Au–Cu–Ag–W skarn mineralization, supported by garnet–pyroxene skarn alteration, sulphide-rich lenses, and the presence of scheelite and wolframite. Historical sampling confirms copper, silver, gold, and tungsten values associated with intrusive–carbonate contacts and structurally controlled zones. The property may also have potential for additional intrusiverelated mineralization at depth, including porphyry-style systems. 

Dividend Project – (4-Year Option)

Option Terms – To Earn 100% Interest

a) Cash Payments – Total: $170,000 CAD

• Year 1: $20,000 upon signing

• Year 2: $30,000 on 12-month anniversary

• Year 3: $50,000 on 24-month anniversary

• Year 4: $70,000 on 36-month anniversary

b) Share Issuance – Total: $180,000 CAD equivalent in common shares

• Year 1: $30,000 in shares upon signing

• Year 2: $30,000 in shares on 12-month anniversary

• Year 3: $50,000 in shares on 24-month anniversary

• Year 4: $70,000 in shares on 36-month anniversary

c) Exploration Expenditures – Total: $300,000

• Year 1: $75,000 in work

• Year 2: $75,000 in additional work (total $150K by Year 2)

• Year 3: $100,000 in additional work (total $250K by Year 3)

• Year 4: $75,000 in additional work (total $325K by Year 4)

NSR Royalty

• Upon earning 100% interest, the Optionor retains a 2.0% Net Smelter Returns (NSR) Royalty on all mineral production from the Property

• Buydown Option: Optionee may reduce the NSR to 1.0% by paying $1,000,000 CAD to the Optionor at any time before commercial production

Property Available for Option

Contact 

Email: buyminingclaims@gmail.com