The geology of the Well 2 Claim is part of well known and well documented northwest- trending
belt of sedimentary rocks called the Slocan Group. These units host the mineralized veins in the
area. Mines in the Slocan district exploited steeply dipping silver-lead-zinc veins and silver-leadzinc
veins and replacement deposits hosted in shales and limestone of the Slocan Group.
The mineralization in the area occurs in quartz and calcite veins in shear zones that cut the
Slocan sediments and generally trend northeast-southwest. The main mineralization includes
galena, sphalerite with lesser pyrite, and chalcopyrite. Upper parts of the veins also contain
ankerite. Silver is associated with the galena.
The Well 2 Claim is located along strike from the Wellington Mine which is situated
approximately 1 km to the east. The Wellington Mine was active for 42 years from 1892 to 1934
and produced a total of 1779 tonnes of ore which yielded 3,653,134 grams silver, 124 grams
gold, 231,478 kilograms lead and 87,286 kilograms zinc.
The Wellington lode is considered part of an east-west lode system consisting of the Wellington-
Sunset-Colorado lodes. The Wellington lodes are strongly sheared, mineralized fissure zones,
crosscutting at very shallow angles, mainly across slaty argillaceous sediments of the Slocan
Group. At the Wellington occurrence, the lode comprises a hangingwall lode (south lode) and a
footwall lode (north lode). The south lode strikes 050 degrees and dips 60 degrees southeast.
The north lode strikes 090 degrees and dips 70 degrees north. Most the ore came from the
north lode, where up to 1.5 metres of galena was mined in the winze between the 40 and 80
foot levels. The Matheson adit, intersecting the north lode, and located close to the Well 2
Claim, was extended to a total length of 660 metres by 1963. The lodes consist of stringers and
pockets of quartz, siderite and carbonate which contain galena with lesser tetrahedrite and
sphalerite and have good silver content.
Geological reports describing this area have indicated unexplored ore possibilities existing
around past silver-lead-zinc producers in the region with the probability that the mineralization
extends beyond the main centers of mining. Recent work in the area has indicated that modern
exploration programs such as stream sediment sampling and diamond drilling have the potential
to discover previously unknown mineralization.
Recent work on surrounding mining properties confirmed the occurrence of precious metal
bearing veins, with potential to identify previously unidentified viable economic reserves.
Trenching was done in the vicinity of the former Homestake adit in 1984, during an exploration
program by Rex Silver Mines. Trench 84-2 was excavated to determine whether quartz veins
increased in abundance. A gossan in phyllite was trenched and sampled. Sample SSRk 33 yielded
71.53 grams per tonne silver, 2.00 per cent lead and 4.00 per cent zinc (Assessment Report
13465). It was noted in the report of this work that while the source was considered close, the
deep overburden in this area did not allow detailed investigation of this result.
During an exploration program conducted by a neighboring company and reported in the BC
Government files, two samples of heavy mineral material were collected from two streams that
drain the Well 2 Property. Results reported showed 12.8 g and 12.2 g of gold respectively and
over 21g of silver. Notably the results appear to be related to coarser grained material
suggesting that the source is proximal to the sampling location.
An airborne magnetic and electromagnetic survey (AEM) completed over the claim by a
neighboring company and reported in the B.C. Government assessment files appears to indicate
that a strong AEM anomaly which overlies the Wellington Lode system continues across the
Well 2 Claim. The significance of this anomaly will await details of a geophysical interpretation
currently being carried out but appears to indicate that the Wellington Veins could continue
onto the Well 2 Claim.
