Cold Alaskan Gold—Part I
September 2012 by Chris RalphCrowds may be great for football games or the Fourth of July, but not for prospecting. So, this summer, while thousands of gold seekers were heading to the coast of Alaska, I headed to a remote part of the Interior.
Even with my favorite top-of-the-line gold detector there were several false digs. Many of the hot rocks gave a solid signal that was too much like a nugget to ignore. After trying several tests I just dug everything because it is better to be safe than leave a big, deep nugget for a more diligent gold hunter.
The amount of gold in the traces from the low-grade scattered veinlets may be much more than the traces from the small but rich pocket, at least until the pocket hunter closes in on the rich pocket. Further confusion arises if the prospector stumbles across a placer deposit on one of the higher peaks.
Confluences of placer streams are well known as concentration sites for heavy minerals. The basic reason is that...
The gold was very chunky and much of it had quartz attached. Even back then I knew that the gold was very close to its source.
Let’s take a look at these important property aspects individually, because they all affect the value of a property and how much mining companies might or might not be interested acquiring it.
...more folks rolled in on Saturday morning and many were eager to venture out onto the Sleepy Bear property—all 415 acres—and try their luck at finding some gold.
Some experienced panners with the vigor and longevity to spend a full day panning in the small creeks and ravines can possibly find as much as a gram or more on a good day.
The Bawl Mill • Wild and Scenic River Prospecting—North Fork of the American River • Detecting for Gold—Finding Nuggets Where You Least Expect Them • Potholes and Other Bedrock Traps • Financing by the Crowd • Wealth Beyond Your Wildest Imagination • Gold Too Big to Carry • The World of the Simple Gold Pan • New Silver and Zinc Mine Slated for Montana • Eastern Oregon Mine Seeks Permits • Mining Returns to Historic Comstock • BLM Issues Environmental Review of Wyoming Uranium Mine • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices