Valley Gap Minerals is honored to introduce the Black Lead Mineral deposit that is located 65 km east of Vernon BC at the fork of the Monashee and the Yeoward Creeks 2 km east of Highway 6 and near the old mining hamlet of Cherryville. It is been known from old records that placer miners had found course gold on these creeks as early as the eighteen seventies. It has been reported that small recoveries of gold from the gold bearing gravels produced 6749 g of gold from 1936 to 1945 (Minfile #082LSE059). At this same time the prospectors discovered a veined outcrop of silver ore on the south side of the Monashee Creek, this outcrop proved to be rich and worth over $1000 a ton and a few shipments were sent before it mysteriously narrowed out and disappeared. The lead was found several years later, and the ore was sacked and shipped and in some cases some samples were almost pure silver but once again it pinched out and they were never able to relocate the source. Three quarters of a century later we believe Valley Gap Minerals has rediscovered the lost silver lead 150 m south of the Monashee Creek on a recently excavated forest service road.
The Black lead alteration zone is underlain with upper Triassic to lower Jurassic Nicola group and contains sedimentary, metamorphic and igneous volcanic rock. The structural feature of the southerly dipping shear zone shows closely spaced sheeted fissures that are especially favorable sites for individual parallels lodes and excellent channel ways for replacing solutions. Bedrock geology of the property includes interbedded shale, siltstone, argillites and limestone. The 2017 work program on the Black lead property established anomalous zones of mineralized poly-metallic grab samples along the road cut worth further exploration and development of the prospect in the spring and summer of 2018.
Secure financing or option considerations to private investors, syndicates, companies and First Nations partnerships.