Garrett Electronics - trusted by real miners & prospectors!

Magazine

All Articles

Gold Garbage: Scams New & Old

Here’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.

Online access required. Please .

Add a Comment

Additional articles that might interest you...

Hard Work Pays Off On Hard Rock


They worked their plan, bit by bit, and sure enough, after the blast, gold was detected… Over two pounds of beautiful crystalline gold was recovered in that stretch!

Gold in Mono County, California


Lode gold and silver mines and prospects can be found in many parts of Mono County, from the Sweetwater Mountains on the north to the White Mountains on the south, and at elevations ranging from 5,000 to 12,000 feet. Mining activity on the rugged east flank of the Sierra Nevada is now severely restricted, especially in resort areas and where lands adjoin Yosemite National Park.

The Livengood-Tolovana Mining District


In 1914, Livengood went from a tent city to a collection of wooden false fronted structures and log cabins. In 1962, 48 years later, our old Chevy pickup rumbled in off the gravel road. A cloud of dust surrounded us as the hot Interior sun beat down on...

Mining Stock Quotes and Mineral & Metal Prices


MMAC & PLP Update


…what I’d like to focus on in this update is the assistance they provided to a suction gold dredger in Idaho being harassed by an environmental group.

The Bawl Mill


• Careful of that first step...
• A visit from Bambi...
• Is that your final answer? Or would you like to phone a friend?...
• Speaking of millionaires...
• Anyone for sushi?...

Gold Prospecting for Better or Worse: A Long Hike


Making matters worse, we could feel the truck moving very slowly down the mountain along with the trees and mud. It was an uncomfortable sinking feeling, as you might guess.

Subscription Required:
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

Free:
Legislative and Regulatory Update

Advertisements

Precious Metals Recovery plants and equipment
Fighting to keep public lands open to the public
Specializing in the processing of precious metal ores!
Watch prospecting shows on your computer right now
Free Online Sample Issue