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.
There is no question metal detectors can be used to find paystreaks, but the method I am going to describe may not be exactly the procedure some prospectors would expect.
The large buckets were favorable for the type of ground worked. The gravel was tenacious and compact, due to the existence of irregular pockets of clay.
• If you don't like the numbers, make up your own!
• By the numbers
• And the award goes to...
For now, MSHA is just collecting information. However, the information it collects will shape what comes next.
Nome has a colorful history built on gold, where over 5 million ounces of the yellow metal has been dug up. Due to limited space, only a tiny fraction of this mining district can be touched upon. It would take volumes to cover all the information...
If the government can totally ignore the reality of exceeding the national debt limit, we can only wonder what all the current fuss relating to extending that limit is all about.
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