Gold From Cemented Gravels
November 2011 by Chris RalphThe truth is that cemented gravels are really not all that complex. There is no mystery of how gold grew there or somehow wormed its way into these solid gravels.
One of the most important things prospectors do is work to figure out where to go prospecting. Along with understanding the basic geology and putting yourself in a favorable area, one of the things a prospector might consider in finding a location to search is the existence of mining belts also known as mineral deposit trends.
While the bullion value of the nugget is already substantial, the size and rarity of the Ausrox Nugget combine to make its worth invaluable in the collector market.
The excitement over IOCG deposits began with the discovery of a monster deposit at Olympic Dam in Australia in 1976. The discovery was accidental as the operator was searching for strata-bound copper deposits.
A few quick calculations show that approximately 11 tons of gold are lost each year just in the manufacture of new cell phones.
In some ways, silver is the forgotten precious metal because it straddles both the world of precious metals and jewelry, while having many important industrial applications like a base metal. The price of silver reflects both the precious metal investment demand as well as the industrial demand.
Gold has always been noted to have an affinity for quartz to such a degree prospectors almost always dig on quartz veins in a search for the precious metal.
When prospecting for lithium, after confirming for macro attributes through research and field work, including examination of surface geology, the main tool is an accurate lithium assay.
The Bawl Mill • Legislative And Regulatory Update • Ask The Experts—Compensation for closed mining claim? • Ask The Experts—Inconsistent fire assays • Evolution Of A Gold Prospect • Gold, Quartz & Chalcedony—Part II • Alaska to Target Rare-Earths • Minnesota Delays Decision on Mineral Leases • Alaska's Cripple Creek Mining District • The Gold Of Horseshoe Bend • Tyrie's Roadway Nugget • Melman on Gold & Silver