Gold in New Zealand
July 2007 by Jim FosterIn 1965, I visited New Zealand and saw a South Island goldfield. I knew very little about gold at that time and stopped only long enough to peruse a few relics and old photos on the pub wall.
The discovery of the Tonopah District by Jim Butler in May, 1900, was by far the most important event of its time, just as the discovery of the Comstock was the most important event in the Nevada’s earlier history.
This is welcome news. Many silver market commentators have stated publicly that the price of silver, currently hovering around $23.50 per ounce, should be much higher due to the scarcity of supply and the lack of faith in fiat currencies such as the US Dollar.
There are both hard rock and beach sand types of titanium deposits, but the hard rock deposits need to be at least 10 percent titanium while the beach sands often are economic with only two or three percent titanium.
This past summer, a two-week adventure in Alaska and other gold prospecting trips turned out to be some of my greatest life experiences.
I believe dry washing is an underappreciated prospecting method. There are plenty of places where there is some pretty decent gold to be had, but the spot is a long way from any water and dry processing may well be the best way to go.
All we can say is “Welcome to 2012,” and if the first part of January is any indication, it is going to be quite a year on many fronts from the ongoing international financial crisis to the progress of a presidential election set to end this coming November.
The Bawl Mill • Ask the Experts • More Tips for Evaluating Ores • The Mountain Gate Mine • The Basics of Small-Scale Heap Leaching with Cyanide Part I—History, Suitablility and Permitting • Oregon Suction Dredge Permit Update • In Pursuit of Gold and Silver in the Sierra Madres—Buying the Pilot Mill • Life in the Alaska Gold Rush • More Small-Scale Miners Attracted by Gold Prices • Ready “Ore” Not, Uranium Boom is On Again • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices • Looking Back