Gold Garbage: Scams New & Old
October 2002 by Dr. Ralph E. PrayHere’s what actually happened, described in the case file documents: Based on a precious metal assay certificate signed by a registered southwest assayer, the sellers, in consideration of the payment of over $53 million, transfer over 185,000 troy ounces stored in a warehouse to a company based in Norway. This document was signed and notarized in a southwest town, and was publicly distributed in 2001. Guess what?! The warehouse floor concrete may have a higher gold assay than the concentrates sitting above it valued at fifty-three million.
HPT Research recently tested their patented process for treating Acid Mine Drainage (AMD) on thousands of gallons of contaminated water at the Mammoth Mine.
• Southern Era
• X-Cal Resources
• Placer Dome Inc.
• Pan American Silver Corp.
• Vista Gold Corp.
Some of the advantages of dry washing operations are low overhead costs (inexpensive methods and equipment), and the fact that many mining operations can be conducted by one or two individuals.
…if you are game for digging in and learning more about the intricate details of how gold deposits form, then let’s jump right in.
A recent weekend trip found us leaving the Grass Valley, California area to meet up with some friends in Downieville.
Worried that the US dollar may not be good as gold, some Colorado lawmakers are pushing a bill to legalize gold and silver coins as usable currency.
Q: What should be considered in a Joint Venture on a gold claim?
The Bawl Mill • Our Readers Say • Placer Gold in Idaho • Working the Belmont Mine Butte, Montana—1953 • Simple Sluice Design • Cobalt and Nickel in Missouri • Sunshine Mine Video Brings Back Painful Memories • Hardrock Detecting • Company Notes • Picks & Pans: Confessions of a Professional Nuggetshooter • Gondwana Gold and Diamonds • Looking Back • Ghost Towns of Washington County, Utah • The Fire Within • 2002 California State Gold Panning Championships—Foresthill, California • Mining Stock Quotes and Mineral & Metal Prices • Melman on Gold & Silver