Gold Deposits of Georgia
June 2008 by Chris RalphThe first actual discovery of gold made on the lands of what is now the State of Georgia is shrouded in the mist of history.
What a start to the year! In just the first two weeks of 2008, we saw the price of gold explode to the highest levels in history at $900 per ounce, Crude Oil reach $100 per barrel, some of the world’s largest financial institutions collapse in market value, unrest spread in Pakistan following the assassination of Benazir Bhutto, the worst jobs report from the Department of Labor in at least two years and the continued erosion of residential real estate values.
Despite lower prices, Nevada gold production increased slightly last year and the state continues to produce about three-fourths of the nation’s gold.
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
The widespread gold and base metal mineralization supports that many significant lode deposits remain to be discovered.
Cedros Island, 134 square miles in area, lies in the Pacific Ocean, 14 miles off the west coast of Baja California. It is 265 miles south of Ensenada and 340 miles south of San Diego. It is one of the few Mexican islands that is inhabited, with the fishing village of Puerto Cedros having a population of 400.
Over the last several months, starting from before I left for Australia, I’ve been working on getting all the 2011 paperwork done for my mining claims. I will admit that some parts of the paperwork I let go until only a week or two before the due date.
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