Ore deposits in the area consist of recent and fossil gold placers along thew San Miguel River, small gold and base metal veins and vanadium sedimentary cements.
Mariposite or fuchsite reported from district is more properly called a chrome mica-clay.
References
R.P. Fischer (1968) Vanadium deposits of the Placerville area, San Miguel County, Colorado, in San Juan-San Miguel-La Plata Region, New Mexico and Colorado. New Mexico Geological Society Guidebook No. 19 pp100-103
Bush, Alfred Lerner; Bromfield, C. S.; Pierson, Charles Thomas (1959) Areal geology of the Placerville quadrangle, San Miguel County, Colorado USGS Bull 1072E
Mineral List
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