Ask the Experts: Silent partners and mining—is it worth the risk?
January 2014 by Chris Ralph
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.
I believe dry washing is an underappreciated prospecting method. There are plenty of places where there is some pretty decent gold to be had, but the spot is a long way from any water and dry processing may well be the best way to go.
This year was a test. We had never done anything like this before, yet we grossed $30,000 in the short time we had to mine.
We descended hunched over, down a long, steep, wooden staircase to the 1,000-level.
They worked their plan, bit by bit, and sure enough, after the blast, gold was detected… Over two pounds of beautiful crystalline gold was recovered in that stretch!
The Gold Eye placer claims, located in the La Cholla district of Arizona, are still producing some beautiful gold. From the days of the Spanish explorers and Mexican miners, men have tunneled into the earth in search of gold in this area.
It all started with a phone call from my friend and prospecting partner Pat Keene. He told me that he knew of an investor who was just starting out in the gold industry and was looking for a gold consultant to go to Africa to prospect and analyze a 400 sq. mile concession in the middle of the Congo rainforest. I waited for the “just kidding” line...
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