MLA 55-83 - Mineral Investigation Of The Bucks Lake And Chips Creek Rare II Areas (Nos. 5168 And 5099), Plumas And Butte Counties, California ? Summary

Bureau of Mines personnel examined mines, prospects, and mineralized areas to determine the mineral resources and potential of deposits in the Bucks Lake and Chips Creek RARE II areas in Plumas and Butte Counties, California. These areas lie along the west slope of the Sierra Nevada on opposite sides of the North Fork Feather River and encompass an area of 62,800 acres (25,400 ha). Metasedimentary and metavolcanic rocks of the Pennsylvanian Calaveras Formation are intruded by plutons of Mesozoic age. Mineral; of economic iterest are in quartz veins in metasediments close to these plutons; they are principally gold and silver with minor amounts of copper, lead, and zinc minerals. Molybdenum, copper, silver, and tungsten minerals occur in tactite along metasedimentary-granitic rock contacts. In both areas, auriferous Tertiary channel gravels have been extensively developed. Asbestos occurs in ultramafic rocks in both areas, and a limestone deposit was explored in the Chips Creek area. Gold is the principal economic mineral in the Bucks Lake RARE II area. The Shenandoah Mine (fig. 1, no. 19) contains 7,500 tons (6,800 t) of indicated and inferred subeconomic gold resources in sulfide-bearing, silicified metamorphic rocks of the Calaveras Formation (table 1). Similar rocks have yielded gold at the Edman and Megowen Mines, adjacent to the area. A high potential exists for additional lode resources in the area around the Shenandoah Mine. Callahan Mining Corporation personnel believe a multi-million ton disseminated gold deposit underlies the property.