November 2003 by Ron WendtThere is one rule of thumb when prospecting for gold in Alaska: You’ll find your best pay in southern-sloped exposed ground. This is not to say there’s no gold on northern exposed gulches where the sun has trouble reaching it and limited melting occurs. It’s harder, and more time consuming, to look for easy prospects in northern exposures.
Excerpted from the U.S. Geological Survey's 1998 Annual Review by Earle B. Amey, Gold Commodity Specialist.
Buying a placer claim or investing in a placer mining property comes with plenty of financial risks. You need as much information as possible about the mineral deposit in order to minimize those risks.
...at least 10 junior mining companies have been busy pounding stakes in the ground of northern Quebec in hopes of claiming rich nickel deposits.
Many new detector operators and even some experienced ones don’t pay enough attention to keeping their detectors in proper balance. The result is false targets as well as incessant chirping and chatter.
Over 100 years of placer mining on the Kenai Peninsula has produced about 133,800 ounces of gold. Hard rock mines produced an additional 30,000 ounces. Suction dredging is currently the dominate mining method.
The Ball Mill • British Columbia to Streamline Filing of Mining Claims • Millsite Opinion Overturned! • Continental Drift • Eight Mines Earn Prestigious Safety Awards • A Guide to Overlooked Gold Deposits—Part III • Company Notes • The Kennedy Gold Mine—An Impressive Piece of History • Buckhorn Mountain Project May Be Revived • Watermelon Gold • Picks & Pans: An Arizona Miner • Gold Hill, Utah • Looking Back • Platinum in Nevada • USFS Criticized for Renting Chopper in Nevada Dispute • Melman on Gold & Silver • New Guinea Denies Existence of Gold Stash • Mining Stock Quotes and Mineral & Metal Prices