The Margaret Placer is a gold mine located in Lewis and Clark county, Montana at an elevation of 5,518 feet.
About the MRDS Data:
All mine locations were obtained from the USGS Mineral Resources Data System. The locations and other information in this database have not been verified for accuracy. It should be assumed that all mines are on private property.
Mine Info
Elevation: 5,518 Feet (1,682 Meters)
Commodity: Gold
Lat, Long: 46.90222, -112.45083
Map: View on Google Maps
Satelite View
MRDS mine locations are often very general, and in some cases are incorrect. Some mine remains have been covered or removed by modern industrial activity or by development of things like housing. The satellite view offers a quick glimpse as to whether the MRDS location corresponds to visible mine remains.
Margaret Placer MRDS details
Site Name
Primary: Margaret Placer
Commodity
Primary: Gold
Location
State: Montana
County: Lewis and Clark
District: Gould-Stemple District
Land Status
Land ownership: National Forest
Note: the land ownership field only identifies whether the area the mine is in is generally on public lands like Forest Service or BLM land, or if it is in an area that is generally private property. It does not definitively identify property status, nor does it indicate claim status or whether an area is open to prospecting. Always respect private property.
Holdings
Not available
Workings
Not available
Ownership
Owner Name: Milton J. Wilds
Production
Not available
Deposit
Record Type: Site
Operation Category: Occurrence
Deposit Type: Placer
Operation Type: Unknown
Discovery Year: 1935
Discovery Method: Unknown
Years of Production:
Organization:
Significant: N
Deposit Size: S
Physiography
General Physiographic Area: Rocky Mountain System
Physiographic Province: Northern Rocky Mountains
Mineral Deposit Model
Not available
Orebody
Not available
Structure
Type: R
Description: Boulder Batholith
Type: L
Description: Granite Peak Stock
Alterations
Not available
Rocks
Name: Gravel
Role: Host
Age Type: Host Rock
Age Young: Holocene
Analytical Data
Analytical Data: AU .01 OZ/TON
Analytical Data: ASSAY REPORT
Materials
Ore: Gold
Comments
Comment (Location): INFO FROM LAND.ST :(1968)
Comment (Workings): THE PROSPECT HOLE IS VERY OLD (PRIOR TO 1931)
Comment (Deposit): ROOSTER BILL GULCH IS SOURCE OF PLACER DEPOSITS
Comment (Commodity): AU IS ALLEDGED TO EXIST THOUGH NOT ENOUGH TO CONSTITUTE MINERALIZATION WAS FOUND
References
Reference (Deposit): 1936 DIREXPL USF
Reference (Deposit): FS FILES
Principal Gold Districts of Montana
In Montana, 54 mining districts have each have produced more than 10,000 ounces of gold. The largest producers are Butte, Helena, Marysville, and Virginia City, each having produced more than one million ounces. Twenty seven other districts are each credited with between 100,000 and one million ounces of gold production. Read more: Principal Gold Districts of Montana.