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 promise for porphyry copper deposits, supported by its location near areas with known copper and molybdenum findings and signs of mineral-rich systems (Assessment Report 18251, pp. 19, 20, 57). The property potential to host economic base and precious metals deposits, including Au-Cu skarn, fracture-hosted Au-Ag, Au-rich quartz veining, and Cu-Mo ± Au-Ag porphyry-style mineralization.

Property Available for Option

Contact 

Email: buyminingclaims@gmail.com