Gold in Iceland?
December 2001 by Edgar B. Heylmun, PhDNormally, one does not look at volcanic islands in a search for gold. However, rich gold deposits have been found in or near volcanoes at Lihir and Misima Islands near New Guinea, so one cannot dismiss gold opportunities on volcanic islands. All of Iceland is of volcanic origin, with acidic volcanic rocks like rhyolite and granophyre being present at a few localities.
Highway 49—the “Golden Highway”—heads northeast out of Placer County into a stretch of Nevada County that is almost as busy as it was during the Gold Rush. The neighboring towns of Grass Valley and Nevada City are still booming—a beautiful location to live in the Sierra foothills.
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
The question of relentless government payouts continues to haunt the political system.
In some areas these channels were thousands of feet wide, and just figuring out where you are in some of these diggings is a challenge.
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