Dry Placers in the Kamma Mountains, Nevada
April 1999 by Edgar B. Heylmun, PhDThere are dry placer gold deposits in every county in Nevada, some of which are yet to be discovered.
A quartz piece was rolled over and there it was, staring right at us—beautiful, coarse gold coming right out of the quartz rock. It was almost the size of a softball, and it looked like over one quarter of it had gold throughout!
One of the consequences of the weakening economy and the sharp declines in NASDAQ securities was a sudden weakening of the US Dollar (see chart of D-Mark). As investors began to pull their funds out of the US and return the funds to their native lands, this resulted in sales of the dollar, reducing it in value.
We knew what to do—we moved our project far enough from the river to escape the two hundred foot shoreline rule. If the old man had been right we could do this and still be over the loop of pay dirt.
Heading north along Highway 49 into the central Mother Lode, the first old mining town in Calaveras County was Melones, located along the banks of the Stanislaus River. The town was named for the unique coarse gold flakes found in the gravels that resembled melon seeds, hence the name that came from the Mexican miners.
This wash was not far from where I once dug a half-ounce nugget, so I knew there was gold in the area.
Recently, a left-leaning Arizona federal judge, James Soto, who is an Obama appointee, shut down a proposed copper mining project for the flimsiest of reasons. He basically disregarded and rewrote federal mining law.
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