How to Evaluate Mineral Claims—What to Know Before You Buy
April 2018 by Chris Ralph
Even though they have put down thousands of dollars, the buyers often stop paying on their claims part way through the process after they realize they’ve been duped, but the company just sells it again to another buyer.
The problem is that extracting gold from hard rock is often a lot more difficult than processing placer gravels. Still, there is some very high-grade ore out there in many old mining areas.
I decided to focus my attention on some exposed bedrock that was along a little stream only about 100 yards from our cabins. My very first pan full of gravel showed several nice small flakes that were just big enough to be picked up with my fingers. That first pan showed that indeed there was some very nice gold to be had here...
Nuggets make for the best memories and this patch was just adding to mine. In the hours of daylight I had left, I worked from that nugget to the bottom of the patch, collecting eight more nuggets.
Dredges actually do pretty well in freezing conditions. There are a few tips you should know, however.
We descended hunched over, down a long, steep, wooden staircase to the 1,000-level.
This is the story of a nugget patch I’ve been working on that is a bit unusual. I won’t be telling you where it is located, but I will tell you how I found it and how I’ve worked it.
You might think that gold prospecting techniques are basically the same everywhere, and in many instances you’d be correct. Some geographical locations, however, due to their unique geological conditions, present unusual challenges...
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts - What Do I Look For and How Do I Sample? • Ask The Experts - Prospecting Around Graeagle • Hunting Down Paystreaks • Deep Nuggets From The Strange Little Patch • We’re Still Thinking About It • Springtime Sampling In The High Desert • Dredging Safety: Don't Ignore The Warning Signs • Russian Plane Spills 3 Tons of Gold on Runway • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices