The Gold Drop Mine is located on the east slope of Knob Hill ridge about one mile from the Knob Hill-Ironsides mine. It adjoins the Rawhide and Monarch to the south, and the Snowshoe to the east. The Gold Drop claim was staked by J. Hetu in 1893 and acquired by the Montreal and British Prospecting and Promoting Company, Limited Liability, which was incorporated in 1894. The company later sold the property to F.C. Innes, of Vancouver, and in 1899 the Gold Drop Mining Company, Limited, was incorporated to continue the development work.
