Legacy of the Wandering Jew Mine
February 2001 by Robert P. EzzoThe Tyndall Mining District of Santa Cruz County contains the oldest mines in the state of Arizona. Described as the most celebrated mineral region in North America, its ancient mines have produced a phenomenal amount of rich masses of pure native silver and ore prior to the arrival of the early Spaniards extending into the present century.
The $800 million project will provide 300 jobs during production. It will be the only US mine where nickel is the primary targeted mineral, with about 360 million pounds to be extracted.
As a precious metal, silver doesn’t have the allure of gold. As an investment, it’s not as hip as Google. But dowdy old silver is suddenly chic. Silver prices are at their highest in more than 25 years, and mining companies are riding an economic boom.
The Austrian Mint recently unveiled its new coin—a 68-pound, 24-carat gleaming gold disc worth about $500,000—touting it as the world’s largest and a powerful investment tool.
What are these rocks?
...it was impossible not to notice the absence of many junior mining companies that were present last year. Due to the dual circumstances of the world’s credit problems along with the steep declines in base metals prices, many of them, unfortunately, have simply gone broke and closed their doors. Others are so strapped for cash...
I remember in the couple of years after that 1997 flood, prospectors around California did very well, taking ounces of gold from places that had not yielded any gold for years before that.
These are just some of the ways I have been able to find new spots to metal detect for gold.
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