Eastern Oregon Mine Seeks Permits
September 2012 by Associated PressAfter a host of companies spent 20 years prospecting, a mining firm is ready to make a play on the $2 billion lode of gold sitting in Eastern Oregon.
During our visit during late May, 2011, the vertical nature of the mineralized areas was clearly visible, as were numerous examples of quartz-carbonate veins in shear zones, faults and folds.
The settlement did not grant an immediate approval for the project, but it did begin to clear the way for the company to apply for federal permits—a path the Obama administration previously had thwarted.
The need to bring mining back to North America is more urgent than ever.
It is not necessary to have a PhD in geology, but you need to know the basics, so that’s what I am going to try to dig into here—the understandable basics of these gigantic gold deposits.
In this second part on cobalt, I will take a look at the various types of cobalt deposits and how you can prospect for them. Who knows—perhaps the next big cobalt strike will be yours.
The approval, which affects 87 acres on the south end of Silver City, allows the company to move forward with exploration to determine the area's mining potential.
...the federal agency is intrigued by a plan that might result in cleaning up the area without cost to taxpayers.
The Bawl Mill • Cold Alaskan Gold—Part I • 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 • Mining Returns to Historic Comstock • BLM Issues Environmental Review of Wyoming Uranium Mine • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices