Alaska to Target Rare-Earths
November 2011 by Becky BohrerAlaska is in the midst of assessing its rare-earth resources, an effort pushed by Governor Sean Parnell, who sees them as another example of where the US is reliant on foreign sources to meet its needs.
Let’s take a look at these important property aspects individually, because they all affect the value of a property and how much mining companies might or might not be interested acquiring it.
The favorable geology of the northeastern and central parts of the Seven Troughs Range are the parts most interesting to prospectors. They are underlain by a thick sequence of Tertiary volcanic rocks, mostly rhyolites and andesites.
Even as late as 1906, Delamar was second only to Tonopah and Goldfield in production outshining many better known areas. Since the first discoveries, more than 700,000 ounces of gold have been produced from the mines here.
So you think you have an ore deposit? The work has been long and hard, but there are a few drill holes, lots of samples and assays. The data is in a reliable computer and there may be a mine at the end of the tunnel. What is the likelihood of a profitable operation? Can you raise capital for development or exploration?
Two miners were killed in an accident partly because someone wedged a broom handle against a reset button to bypass an alarm that would have shut down the system, federal safety investigators said.
Republicans and industry representatives have criticized the administration’s eleventh-hour actions to limit development and promised to seek their reversal once Obama leaves office.
Copper is a critically important metal that we need to run our modern electronic society, and the long term outlook for this metal is for a steady increase in price.
The Bawl Mill • Legislative And Regulatory Update • Ask The Experts—Compensation for closed mining claim? • Ask The Experts—Inconsistent fire assays • Gold From Cemented Gravels • Evolution Of A Gold Prospect • Gold, Quartz & Chalcedony—Part II • Minnesota Delays Decision on Mineral Leases • Alaska's Cripple Creek Mining District • The Gold Of Horseshoe Bend • Tyrie's Roadway Nugget • Melman on Gold & Silver