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Melman on Gold & Silver
September 2008 by Leonard Melman
...one of the hallmarks of the past month has been a series of incredibly swift reversals that have shaken virtually every market we follow. From the end of July through mid-August, both precious and base metals have fallen sharply; the petroleum complex has likewise come under heavy selling...Investors Hope to Revive Idaho Gold Mine
A small group of investors led by retired businessman Ray Bohn is trying to revive a remote Idaho gold mine shut down since 1942.
Direct and Constructive Notice
It's a proven civil remedy to put an end to harassment by notifying a person who is either overstepping their authority, or failing to act as required, that they will be sued personally for an act or omission.
Legislative and Regulatory Update
Looking Back
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
The Fire Assay of Fly Eyes
Colorado-Utah-Wyoming oil shale was first reliably discovered to contain gold and silver by the U.S. Bureau of Mines in the 1920s. Although most of this vast shale resource, up to 1,000 feet in thickness, contained nil or barely detectable values, many brown shale samples fire assayed here over the past thirty years have yielded up to 0.02 ounces per ton (opt) Au and 2.0 opt Ag.
How to Interpret Assay Values
This assay system of ounces per ton sounds simple enough, but the use of the metric system and the additional measuring terms of “grams per ton” and “parts per million” (ppm) has created some misunderstanding of ore value.
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