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Tulameen Platinum Project
Platinum, Palladium, Rhodium, Gold, Silver

The Tulameen Platinum Project is located along a 5 km stretch of the Tulameen River and Britton Creek, near the village of Tulameen and approximately 21 km west-southwest of Princeton BC. During the late 1800’s, the Tulameen District was the most important producer of platinum in North America. Platinum was recovered with the placer gold from the Tulameen River and her tributaries, including Granite, Cedar, Slate, Britton and Lawless Creeks. The platinum occurred as a fine, hard, silver-white lustrous metal with a high specific gravity in the sluice boxes and gold pans, along with the gold and heavy concentrations of black sands (magnetite and chromitite). In some areas there was more platinum than gold in the concentrates, and platinum nuggets up to 0.5 ounces were reportedly found.

BC Assessment Report 27009 details extensive analysis of the Tulameen Platinum Project in 2001, and records significant platinum mineralization in several locations. In one area above the north bank of the Tulameen River known as Grasshopper Mountain and adjacent to the company's "D" prospect, five zones of narrow discontinuous mineralization were sampled which returned values up to 15 grams per tonne platinum across a 1.8 meter channel sample width Three more areas contained discontinuous bands of chromitite segregations with high platinum values over significant widths. A channel sample returned an assay of 7.78 g/t platinum over 3.5 meters including 10.17 grams per tonne platinum across 2.0 meters in chromitiferous dunite. Assay results for chromium were very high, ranging from 8.67% to 24.97% chromium. The best sample in one zone ran 15 g/t platinum,, 5.55% chromium and .03 g/t palladium, while another returned significant platinum values of up to 30.89 grams per tonne over 3.05 meters. In addition, sampling of two historic quarries obtained values ranging from 8 to 64 grams (2.06 ounces) per tonne platinum. Three gold anomalies were also identified on the eastern half of the property, with gold values in soils ranging up to 1.24 g/t.

According to BC Assessment Report 17170, the “D” prospect has assayed up to 6.7 grams per tonne platinum, and has three primary zones of mineralization. One area known as the South Zone assayed approximately 1.4 grams per tonne platinum on opposite ends of the zone, with the zone length extending approximately 1000 meters (0.62 miles). The Ridge Zone has assayed up to 1.45 grams per tonne platinum over a strike length of 150 meters and a width of 50 meters. The Creek Zone has assayed up to 4.4 grams per tonne platinum, extends along 600 meters (0.37 miles), and is 60 meters wide.

Sources: BC Assessment Report 27009,    BC Assessment Report 17170,    BC MINFILE 092HNE128