Gold Circle (Midas) Gold District
May 2021 by Alex Dolbeare
Many prospectors thought that Nevada was all prospected out following all the rich discoveries of the 1860s and 1870s, and what was there to be found had already been found.
Silver nuggets have been described as “ultra-rare,” “prized” and “unique.” Naturally occurring silver nuggets are rare enough to suggest caution when purchasing. Fakes have reportedly been produced and misrepresented for sale as genuine specimens.
...I decided to excavate the semi-frozen high-bank that was resting on a soft shale bedrock footing. Within three feet, I encountered an intrusive!
• "...just about more than I can stand."
• "I hope you can answer my number one question..."
• "...I still go out and mine a little at my old stompin' grounds in Siskiyou County..."
• "...New Prospecting Club in the Southeast."
• "...9 ounces...in two weeks."
• "...It's no secret..."
Two of the major factors affecting the profitability of a placer mining enterprise are the relative efficiency of the mining equipment, and the rate and percentage of recovery obtained while conducting mining operations.
Gold and jade are actually only minor mineral resources for the Northwestern Alaska region as a whole. Modern prospecting has focused more on base metal than precious metal resources.
Most gold-bearing veins in this region are controlled by fractures associated with the Melones Fault, a late Cretaceous structure that is 108 to 127 million years old.
Some scattered reports say that gold may have been washed from streams here as early as the 1840s, but the undisputed major discovery came in 1870.
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