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?
My brother Darryl and I had not had a prospecting adventure since January and we wanted to try out our new drywasher, so we decided to go for the weekend and check out some claims near Barstow…
The first reported occurrence of uranium in the United States was at Central City, Colorado, in 1871. However, prior to 1922, the ore was mined for its radium content, not uranium.
The discovery of gold at Sutter’s Mill in 1848 started the great gold rush to California. The account that drew national and worldwide notice was a small, two-inch item at the bottom of the front page of the March 15, 1848 issue of the “Californian,” published in San Francisco. The article was attributed to B.R. Buckelew, and mentioned quantities of gold just being “gathered.”
I must admit to taking some degree of pleasure in anticipating the excuse-making which will probably come out of the "Global Warming" camp to explain away a truly startling announcement.
• Congress heading into summer recess
• Maintenance fees due!
The biggest nugget I have found detecting here was three grams and the following weekend someone found a 9-gram nugget while detecting. Some have even found quarter-ounce nuggets, with one being a chevron nugget.
The Bureau of Land Management (BLM) in Washington D.C. is reviewing a land swap with a private company because the bureau allowed an employee of the company to arrange the deal.
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