Ask the Experts
November 2012 by Chris RalphHow do I set up a small placer operation?
At one time or another, many miners will look seriously at purchasing a mining claim...Usually it’s a significant financial commitment, so how do you know if you are getting a good deal?
So far this year we have recovered over three pounds of gold and the hard rock veins seem to go on forever. We now have three claims that can produce good enough gold to set up a productive operation.
I regularly get inquiries along the line of: “Hey, I found this rock, and I think it might be gold ore. How can I tell?” Prospectors are always on the lookout for gold-bearing rocks that may be the source of any nearby placer gold.
Which comes first, claim filing or staking?
This is the point where you might ask, “What do these types of contracts typically look like and how are they negotiated?” Well, that is the topic of this month’s article.
• Homestake Mining Company
• Placer Dome Inc.
• AZCO Mining Inc.
• Guyana Diamond Corp.
• Canadian Mining Company, Ltd.
• Hecla Mining Company
• Pan American Silver Corp.
Because quartz and gold may be deposited together across a considerable range of temperatures, not all quartz veins are the same, and there are several different types of gold-quartz deposits.
The Bawl Mill • Ask the Experts • Ask the Experts • Ask the Experts • The Portable XRF Gun • Gold Dredging on Oregon's South Umpqua • The Struggle to Reopen Alaska's Largest Gold Mine • Prospecting With a Detector: Lessons Learned • The Rush to Treasure Hill • Tips on Crevicing for Gold • Using Google Earth and Other Maps • Proper Assaying of Placer Samples • Mining, Health Care & Taxes • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices