A Guide to Overlooked Gold Deposits—Part III
November 2003 by Lawrence DeeMost of the old large gold dredging operations used a trommel. The trommel consisted of a long metal cylinder made of heavy punch plate in which the small gravel, black sands, and gold would fall though holes and end up in banks of sluices.
The pile up on the small hill had to be a couple yards of black sand. I’m not one to ignore a little gold even if it is small in size—I have always believed that gold fever comes in all sizes.
Mergers and acquisitions continue at a record pace in 2006 as companies attempt to replace dwindling reserves. Mining companies find that it is more expedient to purchase additional reserves by acquisition than to spend time and money for exploration and startup, even more so when their stock prices are much higher as compared to recent years.
The world remains a fascinating place to watch, for it seems that just when some of the most serious problems appear to be on their way to resolution, a whole new collection crops up. We appear to have been in just that type of environment this past month.
We were met with a plethora of mechanical problems with the dry washer and even a few with the excavator that were at times frustrating, but we were in this for the long haul, so we needed to solve these problems and move forward.
• Pan American Silver Corp.
• Mountain Province Mining Inc.
• Canyon Resources Corp.
This past month certainly had its share of attention-grabbing headlines starting with the overwhelming wins by (presumed) Democratic Presidential Candidate John Kerry of Massachusetts. He effectively swept aside all opposition in a series of Democratic primary election wins from the Atlantic to the Pacific.
A gold prospector in central Victoria, Australia stumbled across an 87-ounce gold nugget in early February 2015, after his wife told him to head outside to get some air. He had given up smoking a few weeks prior and was getting a bit “grumpy,” she told him.
The Ball Mill • British Columbia to Streamline Filing of Mining Claims • Millsite Opinion Overturned! • Continental Drift • Eight Mines Earn Prestigious Safety Awards • Company Notes • The Kennedy Gold Mine—An Impressive Piece of History • Buckhorn Mountain Project May Be Revived • Watermelon Gold • Picks & Pans: An Arizona Miner • Gold Hill, Utah • Looking Back • Frozen Prospects • Platinum in Nevada • USFS Criticized for Renting Chopper in Nevada Dispute • Melman on Gold & Silver • New Guinea Denies Existence of Gold Stash • Mining Stock Quotes and Mineral & Metal Prices