top of page

Empire Mine Claim – Slocan Mining Division, BC (Historical Silver-Gold Potential)

 

This 2-cell mineral claim is located at approximately 50.006667° N, 117.019444° W (1,600 m elevation on Blue Ridge, 17 km northwest of Kaslo, British Columbia), directly tied to the historical Empire Mine (MINFILE 082KSW169 CLICK HERE)  — a past producer of silver, lead, zinc, and gold in a classic polymetallic vein system.

 

Key highlights from official BC records and the 1983 Geological, Geochemical, and Geophysical Report (ARIS #11,416):

  • Production History: In 1960, 32 tonnes of ore yielded 9,331 grams silver, 31 grams gold, 4,411 kg lead, and 4,379 g zinc from quartz veins up to 1.5 m wide, hosting argentiferous galena and sphalerite along an argillite contact.

  • Nearby Historical Workings: Adjacent to the Voyageur adits (on the southwest edge of the historical Nevermore claim), which produced 59 tons of silver, lead, zinc, and gold ore from greenstones/volcanics with galena and sphalerite mineralization. Prospect pits and trenches are noted on the property.

  • 1983 Exploration (Red Diamond Mines Ltd.): Soil sampling, geological mapping, and magnetometer survey (on Snuffy and Lobo claims, part of the same group) identified anomalous gold, silver, and nickel values coincident with a traced serpentinite unit in Triassic Kaslo Group greenstones. Alteration zones match mineralized areas to the north; the report recommends completing soil sampling, extending geophysics, plus dozer trenching, stripping, and diamond drilling as next steps.

  • Geology & Deposit Type: Favorable setting in Triassic Slocan Group sediments (phyllites, limestones, quartzites) overlying Permian Kaslo Group greenstones/ultramafics, with quartz monzonite intrusions. Polymetallic Ag-Pb-Zn+/-Au veins (I05 type) in the Omineca Belt.

  • Later Confirmation: 2006 work showed overlapping soil/silt anomalies (e.g., lead, copper, antimony near Voyageur; broad silver and arsenic trends), reinforcing precious metal potential.

 

Empire Mine Claim – Slocan Mining Division, BC (Historical Silver-Gold Potential)

 

Priced at $25,000 CAD (full payment required).

This might be an "in application" mineral claim only (status subject to BC government approval via Mineral Titles Online).

 

Buyer must independently verify current status, boundaries, encumbrances, and all details via official sources like Mineral Titles Online, MINFILE database, and ARIS reports before proceeding.

 

Reservation Process (First-Come, First-Served): To reserve this mineral claim, email prospectcanada.com@gmail.com stating the claim title number you wish to purchase.  Confirm you have a Free Miner Certificate in good standing, no transfer can occur if you do not have one.

The timestamp from your email will determine priority (first-come, first-served).

 

If available, you will receive an invoice for a $1,000 non-refundable deposit (payable via credit card or other method through Square Payments). Complete the deposit payment within 24 hours of receiving the invoice. Upon deposit confirmation, the claim is held for you.

 

The remaining balance of $24,000 must be paid via wire transfer (details provided after deposit) within 3 business days. Failure to complete the deposit or balance on time results in forfeiture of the deposit and release of the reservation. Once full payment is received and verified, we will proceed with the Mineral Titles Online transfer process (buyer handles any MTO fees).

 

All sales are final—no refunds on deposits or balances once initiated. Historical reports and MINFILE summaries are provided as-is from public records for informational purposes only and may be outdated or incomplete—buyer assumes all risk of reliance. See full Terms & Conditions and Return & Refund Policy for complete risks, disclaimers, and buyer responsibilities.

 

Empire Silver Claim (2-Cell Claim) – Updated Ai Valuation in CAD

 

This is an early-stage exploration claim with historical silver/gold/lead/zinc anomalies (e.g., up to 6.10 oz/t Ag in rocks from the 1983 report), proximity to past producers like Voyageur, McAllister, and Jo Jo, but no defined resources or current production. Valuations for such claims are speculative and follow CIMVal standards (comparable sales, past work costs, risk-adjusted upside). No formal appraisal here—just a reasoned estimate.

 

Key Factors:

  • Silver Price: Spot silver is now ~$109–$113 USD per ounce. Converted at current CAD/USD ~1.37, that's ~$149–$155 CAD per ounce. This strengthens appeal for silver-focused claims.

  • Claim Stage & Size: 2 cells (41.53 hectares in BC's grid system)—small but strategic in the high-potential Slocan silver district. In-application status (per MTO) adds some risk (e.g., MCCF/First Nations consultations could delay approval).

  • Geology & Data: Strong anomalies (Ag up to 6.10 oz/t, Au/Cu credits), links to Empire's small past production (32 tonnes in 1960: 9,331 g Ag, 31 g Au). Nearby district production (millions of grams Ag) supports exploration upside.

  • Comparable Sales & Market: Small placer/mineral claims: $10k–$100k; mid-sized silver/gold exploration: $100k–$500k (e.g., Silver Cup expansions imply similar for packages with data). Historic district claims with anomalies: $200k–$1M+ for stronger ones, discounted 50–80% for risk/no resources.

  • Risks: In-application uncertainty, no modern resources, permitting hurdles (discount 60–80%). Positives: District momentum (e.g., Taranis-like expansions), low holding costs (~$300–$500/year).

  • Market Sentiment: Silver claims in BC remain undervalued vs. gold; high prices make anomalies more attractive, but exploration spending is flat due to regs.

Estimated Value Range in CAD:

  • Realistic Market Value: $75,000–$225,000 CAD (most likely $100,000–$175,000 CAD)—slight bump on the high end from rising silver prices, which could enhance buyer interest in anomalies/drill targets.

    • Low End: Basic claim with historical data, high risk.

    • High End: Strategic Slocan location, strong anomalies, district comps, potential for quick value-add via geophysics/soils.

  • Your Asking Price Context: At $25,000 CAD (from your site screenshot), it's still significantly undervalued— a bargain for buyers eyeing 3–5x upside if silver hits $150+ CAD/oz or anomalies prove drill-worthy.

 

This is informational only—not financial advice. Buyers should get a QP (Qualified Person) appraisal and verify MTO status.

 

Warning — This property is offered for mining purposes only and ownership of the title to it does not include ownership of the surface rights or the right to use the surface for residential or recreational purposes.

Empire Silver

SKU: 2-1128895
$25,000.00Price
Quantity
bottom of page