Gold in the Philippines
October 2003 by Edgar B. Heylmun, PhDThe Philippine archipelago, with over 7,000 islands that stretch for 1,100 miles north-south, was settled by Malaysians several thousand years ago. Ferdinand Magellan landed and was killed there in 1521. Spaniards took over the islands in 1571, and founded Manila, which is located on a large natural harbor. After the Spanish-American war in 1898, the United States took over the Philippines, and found itself in a brutal 6-year war before gaining control of all of the islands.
Q: Is there a correlation between fault zones and mineralization of economic metals?
I would first like to mention that I am not a geologist. I have, however, spent the last 8 years intently searching for gold nuggets with a metal detector. I have found gold in numerous locations, and in several different types of gold deposits.
In our May 2014 issue, we incorrectly identified the woman who recovered numerous small nuggets...
So you think you have an ore deposit? The work has been long and hard, but there are a few drill holes, lots of samples and assays. The data is in a reliable computer and there may be a mine at the end of the tunnel. What is the likelihood of a profitable operation? Can you raise capital for development or exploration?
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