Buying or Investing in Mineral Properties
February 2004 by Lawrence DeeMineral properties are constantly being offered through Realtors, magazine ads, and the Internet. They always sound as if they abound in mineral values, but how can you determine if they are really worth the asking price or if they have any value at all?
Years later I returned with a new detector with a smaller coil and detector technology more sensitive to smaller nuggets. I found my first nugget within five minutes. I had a second five minutes after that.
If the government can totally ignore the reality of exceeding the national debt limit, we can only wonder what all the current fuss relating to extending that limit is all about.
One of Arizona’s richest silver producers was the fabulously rich Silver King Mine of Pinal County. This incredible deposit was first discovered in 1875 during the construction of the famous Stoneman Grade, which connects present day Superior to Globe, Arizona. From 1877 to 1888 the famous Silver King Mine was in operation and during that brief span of time it produced an astounding $16,000,000 in silver.
Why couldn’t we take some cold river water, pass it through some cooling coils and cool the air in the mine? This thought came to me one Sunday afternoon while fishing, knee deep, in the cold Coeur d’Alene River just west of Kellogg, Idaho.
In digging the gravel, I found there were three flood layers present that were not there last winter, with about a foot of sand on top of the gravel. This was followed by eight inches or so of small rock and lots of broken granite material...
The Bawl Mill • Our Readers Say • The Joy of Prospecting • Company Notes • Picks & Pans: Rattlesnakes in a Gold Camp • Old-Time Mining Geology Books • Ask the Experts: Recommended Reading—Part I • The Tangential Impulse Water Wheel in California Gold Mining History—Part I • Consider Adding Gold to Your Portfolio • US Files Charges Against Gold Refiner • Gold in Australia • Gold in Rotten Rock • Restoring the Rule of Law to US Mining • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices