Ask the Experts
August 2014 by Randy SmithCentrifugal bowls versus jigs
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.
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?
If there is misleading wording anywhere, it will be in the sample data and in reserve/resource estimates.
Historically, Montana has been an important gold producer, in terms of both lodes and placers, and it still produces gold for the prospector today.
Since this position was the least desirable due to the hard physical labor, the bucking room was used as punishment. Do you have a mediocre worker? Bad attitude? Off to the bucking room!
Father’s Day in Australia was on September 2, and it’s a day a group of miners from “down under” won’t soon forget.
This explains the large difference in particle sizes between placers and hydrothermal lode deposits, but also means that while the mining may be similar in some cases, the sampling and recovery techniques are usually quite different.
Bawl Mill • Ask the Experts • Conductive Minerals and Your Metal Detector • A Model Mining Operation • BLM Raises Location and Claim Fees • I Finally Made It to Northern Nevada • Clarification on Oregon's SB838 • Drilling for Ore • Sniping for Drought Gold • Successful Rally for Suction Dredge Miners in Idaho • Over the Divide • Gold Ores of the Delamar District, Nevada • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices