Detecting for Gold in Australia
May 2010 by Fred MasonWhen I got back to my patch, every signal was a nugget, and I was burning up with the gold fever.
One of my favorite sayings has always been, “Do as I say, not as I do.” Perhaps that old adage could be applied to Alan Greenspan and the actions of the Federal Reserve of late. They are telling us that the economy is not in bad shape; that we are not in or headed to recession and that new strength is just around the bend. They are acting as if there is a looming catastrophe.
She explained that she didn’t like the numbers that the computer model gave her for this section of river, so she “adjusted the numbers by hand” to more accurately reflect what she thought they should be.
Collinsville had been the scene of several small gold stampedes. The golden paystreaks had paid well here at times, with two main creeks producing most of the gold, including a 19 ounce nugget found on nearby Mills Creek, which flowed 100 yards away from the main camp.
The idea of decisive action in 2014 will be at the heart of my presentation at the ICMJ Gold Prospecting and Mining Summit of April 5-6 in Placerville. I look forward to meeting you all then.
In our May 2013 issue, we took a look at the mineral quartz, a mineral very commonly associated with gold. However, gold is not the only reason prospectors are interested in quartz. Quartz can also be very valuable as a gemstone
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts: How to handle gold in cyanide; how to sample a platinum deposit • Prospecting for Hardrock Gold - "Eureka!" (Part III) • Gold Prospecting in Maine - Part II • American Manganese • Investors Take a Shine to Platinum, Palladium • Melman on Gold & Silver • Mining Stock Quotes & Mineral and Metal Prices