Estimating Gold Values in Placer Gravels
May 2005 by StaffThe single most important question to be answered when evaluating a placer deposit is: “How much is it worth?” Accurate sampling of placer gravels is essential to obtain a reasonable estimate of the total gold values contained in the deposit.
Without knowing or even thinking about it, I had put together a map that showed me a pattern of the ancient Sacramento River channel. I also had a distinct picture of where the ancient channels of several other creeks and rivers were running.
A federal judge found mining companies liable for at least some of the costs of cleaning up pollution of Idaho’s Silver Valley from a century of mining.
News during the past month seemed to focus directly on economic and political events close to home in the good old USA. As talk of recession—or worse—mounted, and as one stock market segment after another weakened sharply, the economic and political leaders of the nation sprang into decisive action.
Most importantly, self-employed miners, prospectors or employees (even of their own mining-related business) who own or lease an automobile, can utilize the standard rate so long as they operate only one car at a time for business purposes.
It seems like we cannot get away from the major themes as each month we continue to receive important news on the same general categories such as housing, global warming, Iran, weakness in the US Dollar, etc. Unfortunately, if variety happens to be your cup of tea, the same categories have dominated the news once again.
Has anyone made it through childhood, or even adulthood, without at least one dream of finding gold or buried treasure? It is the stuff of daydreams—the kindling for the flame of hope. We so long for it that we eagerly accept stories and maps from friends and strangers alike that promise us fame and fortune.
We all know that it was never Congress’ intent to regulate gold panners and other individual mine operators through MSHA. In fact, I believe the concept of owner-operated mines with no employees was so strange a concept to the lawmakers that they never even thought there would be a need for such an exemption.
The Bawl Mill • Our Readers Say • Lode Gold in Nicaragua • Miners: Plan Ahead for Next Year's Taxes • California's Original Sixteen to One Mine • Montana Multiple Use Association Backs Miner • Picks & Pans: Detecting Micro-Nuggets • Diamond Search Underway in Alaska and Minnesota • Mining Outfits Eye 50-Year Supply of Iron Ore • Goldfield—Princess of the Mojave • Couple Creates Jewelry of the Iron Range • Melman on Gold & Silver • Looking Back • Mining Stock Quotes and Mineral & Metal Prices