Canyon Resources Offers to Sell Mineral Rights
July 2000 by Associated PressCanyon Resources Corporation recently offered to let environmental groups buy the mineral rights under nearly a million acres of land in western Montana.
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...
To get to the gold, the miners had to remove the shale pieces and stack them on the sides while sluicing the remaining material through their boxes.
• Oregon's attack on suction gold dredging
• New DOI Director nominated
• More Forest Service restrictions in the works
• California suction gold dredging
Revett Silver Company, formerly Sterling Mining Company, hopes to reopen a dormant copper and silver mine near Troy, Montana, in the next six months because higher copper prices have made the operation practical, an executive said.
The Little Rocky Mountains are a group of wooded hills, 10 miles long and 8 miles wide, which form an island in the Great Plains of north-central Montana. They rise to 5,708 feet, 2,000 feet above the surrounding plains.
Climbing up the debris, I pointed my flashlight up a shaft ascending straight up as far as my light would shine. It was the stope of the pay shoot leading to the old tunnel above!
If there was ever a month for the financial markets to rejoice, the one just past would appear to have been ideal. Oil prices declined sharply...the Fed revved up the economy by smashing short-term interest rates to their lowest levels since World War II...and, perhaps most important of all, the Republican Party now has possession of a clean sweep of American political power, controlling the Presidency, Senate and House while Conservatives dominate the Supreme Court.
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