February 2001 by Jeff TolsonThe modern gold prospector is a person of great moral fiber who loves the freedoms of this country and understands that with rights come responsibilities.
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
It’s important to pay attention to where you dig, because just like any placer, the gold in dry placers is concentrated in certain spots. This is especially true when you are testing and trying to determine the potential of a placer area.
Q: Some of the terminology you use is way over my head and this might be the case for other beginning prospectors. What does “igneous” mean?
Most American markets greeted the first few trading days of the new year with substantial selling. Compared to their 2004 year-end levels, by January 11, the Dow Jones Industrial Average had declined almost 300 points, the NASDAQ Composite had fallen from 2,185 to near 2,080 while the S&P 500 had dropped from 1,217 to 1,183.
How high can gold go? How best to hold it? Questions on gold investment answered.
We soon found that our discovery post and other claim markers were gone and replaced with new posts and a notice of location with an earlier date than had been on our notice of location.
Because the forces of erosion and gravity tend to carry lighter materials like quartz away more easily, the heavy minerals like gold or silver will tend to be concentrated in the general area around the vein outcrop. These concentrations are what make residual placers so attractive.
The Bawl Mill • Our Readers Say • The King Has No Clothes • GATA Update • Clean Fuel, Cleaner Air • Gold Miners Become Tungsten Miners • Mining Deaths Drop Overall in 2000 • History of Oil in California • VCIs for Environmentally Safe Maintenance • Picks & Pans: Dredging on the Arkansas • Placer Gold in Washington • Alaska Miners to Sue Department of Interior • Oregon's Measure 7 May Provide Compensation for Land-Use Restrictions • Company Notes • Legacy of the Wandering Jew Mine • Babbitt Wants Moratorium in Siskiyou National Forest • Gem Discoveries Sought in North Carolina Field • Greaterville, Arizona • Identifying Gold Ores • Looking Back • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices