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GPEX Mineral Property Portfolio |
CARIBOO GOLD GROUP
BEAVER VALLEY CORRIDOR
The Cariboo District is well renowned for its colorful mining history, most of which is well documented. However, historical recognition in regard to the first person who discovered gold in the region, bears grave discrepancy. For there also exists clear documentation that such accreditation should go to a First Nations Canadian, Long Baptiste, an Indian from Lac La Hache. In June of 1859, it was he who led Peter Dunlevy, an American, and four friends, to the Horsefly River, where they were then shown the gold bearing gravels, and thus became the first white people on record to recover gold in the Cariboo by conventional panning. This ultimately sparked the Cariboo Gold Rush, with thousands flooding to the area, springing forth, other famous gold camps such as Likely, Quesnel Forks and subsequently Barkerville. …. historical research ~ L Amey
Fred Wells, is the individual on record who discovered the first and richest hardrock gold deposit in the Cariboo. Messr. Wells founded the famous Cariboo Gold Quartz Mine, which opened in 1933, when the rest of Canada was immersed deep into the Great Depression of the 1930's. Since, countless individuals and companies have staked ground throughout the Cariboo region, prospecting for not only gold but also other commercially viable minerals.
While the flurry of exploration activity throughout Cariboo's history has been focused around the more popular camps, it has been only recently that more serious attention has been extended into the Beaver Valley region. More specifically, that area lying north of the Big Lake/Likely corridor. Faulting and fracturing fundamentally parallels both sides of the north-flowing Beaver Creek drainage system. The physiology of the area has also been subjected to a multiple of both advancing and retreating glacial actions. Combining aerial photography, satellite imagery, other source data and years of meticulous research, the study suggests that the primary and more-ancient south-flowing watercourse that once existed, extended through the Beaver Valley region, extending from Quesnel in the north to Cache Creek in the south, originally bypassing that section of the (now) Fraser River. This hypothesis, of course, being that of the writer.
GEOLOGY GPEX’s “Gallagher” claim was staked as a result of several fieldtrips and extensive research into the area’s geology. The property is situate in the Beaver Valley, along the west side of Beaver Creek, to the west of Opheim Lake, and is cut by fault-work and contacts. The tenure overlies undivided sedimentary, marine sedimentary, and, limestone, marble and calcareous sedimentary rock types. Regional Geochemical Surveys conducted on the property has identified what appears to be the second highest gold geochem count in the entire Cariboo District. Though the exact source has not yet been identified, it is strongly suspected the high counts are a result of the flow of water in a small local creek passing directly over a fully exposed, highly auferious, sulfide vein. The area is also well known to locals as comprising massive copper mineralization of high potential. This property is situate approximately 47 kilometers north of both Williams Lake and/or 150 Mile, 27 kilometers east-northeast of McLeese Lake, or, 61 kilometers south-southeast of Quesnel. Access is excellent and the property is conducive to prospecting for approximately seven months out of the year.
CARIBOO GOLD GROUP BEAVER VALLEY GOLD SUITE "Map Area 093A" “Gallagher” GPEX File Number: 165b Central Coordinate121° 54’ 50.6” W Longitude, 52° 31’ 00.5” N Latitude Primary Target - Enriched Cu - Au Sulphide Mineralization Secondary – Nickel - Manganese Mineralization  CARIBOO GOLD GROUP BEAVER VALLEY GOLD SUITE “Region Geology”
The region's geology, is best described by A. Panteleyev and K. Hancock, in BCMEMPR Open File 1989-14, and summated as follows: Geology of the Beaver Creek-Horsefly River Map Area
With the opening of GPEX’s mineral property portfolio, these and several other dynamic prospects of high potential, are now made available to parties bearing serious hardrock interest. Whether of larger mining status, a junior firm desiring to expand upon its operations or holdings, the entrepreneurial mining speculator, the individual seeking investment opportunities, the small operator desiring a Mom & Pop operation, or, the junior prospector seeking a quality property to engage in hardrock explorations, quite possibly the acquisition of one or more of GPEX’s properties will satisfy the search.
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