$50 Million in Gold From 1857 Shipwreck Approved for Sale
March 2018 by Associated Press
The gold is all for sale. Just one tiny coin alone could go for $1 million because of its combination of rarity and the history behind it...
Prospectors often wonder why gold deposits in veins like it does. Why is one vein rich while another is barren, even though they are only a few hundred feet apart?
…if you are game for digging in and learning more about the intricate details of how gold deposits form, then let’s jump right in.
When prospectors and treasure hunters talk of gold in Arizona, it is the Lost Dutchman or Vulture mine they usually think of. The Lost Dutchman gold mine is just that—a myth chalked full of holes that has been embellished over time as any good legend should be.
Unfortunately for us mortal humans, we have a poor perspective on geologic time. When we look at a landscape such as a stream valley, we see it only in two, or at the most, three dimensions. We have poor comprehension of the valley’s fourth and most important dimension—time.
It is a gemstone, and yet it is also closely associated with many types of metal ores. It's valuable itself but often points toward other valuable minerals—that is certainly something prospectors want to know more about!
Liberty, Washington is located in the mountains near Yakima and Ellensburg. There is nothing much in Liberty except for about 20 houses on patented mining claims and a lot of dry holes.
...the area around Eureka, Nevada is well mineralized and seems to have a bright potential for future production of all sorts of metals.
The Bawl Mill • The Wild Rush To Find More Cobalt—Part II • Trash! A Hindrance Or Hot Spot For Hidden Gold? • Rare Silver Nuggets And Their Origins • Legislative and Regulatory Update • Re-Opening Nevada’s Relief Canyon Mine • PLP and MMAC Update • New Rules For Taxing Pass-Through Income • Sulfides and Intergrain Gold Wire Nuggets • Man Who Died In Yellowstone In 2017 Was Looking For Hidden Treasure • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices