Likely is a community in British Columbia, Canada. It is located in the Cariboo region of the province, and is situated where the west arm of Quesnel Lake empties into the Quesnel River. Roads from Likely lead southwest to Williams Lake, northwest to Quesnel, south to Horsefly, and north to Barkerville. Likely is in the Quesnel Highland, a transition zone between the Cariboo Plateau and the Cariboo Mountains.
Likely is one of the few remaining Cariboo Gold Rush settlements. Likely was originally called Quesnel Dam. The name was changed to honour John A. Likely of the Bullion Pit Mine, who was affectionately called "Plato" for his tendency to philosophise.
The Quesnel River was dammed near Likely in 1898 to enable downriver areas to be explored for gold. One such site became the Bullion Pit mine, which operated from 1892 to 1942. In 1935, this mine became the site of the largest hydraulic monitors ever installed in North America. (Hydraulic monitors are high-pressure and high-volume water nozzles used to wash down large volumes of gold bearing gravel during Placer Mining. Over 64 kilometres of canals were constructed to draw water from nearby lakes and creeks to feed the hydraulic nozzles, which used more water each day than the entire city of Vancouver did at the time. Today, the Bullion Pit stands as an astonishing man-made canyon measuring 3 kilometres long by 400 feet (120 m) deep. It displaced 12,000,000 cubic yards (9,200,000 m3) of gravel.
Bactrian camels were used as pack animals during the Cariboo Gold Rush. One was shot at Beaver Valley, near Likely, by a prospector named Morris, when he mistook it for a giant grizzly bear.