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Melman on Gold & Silver

The world received a sad reminder of just how dangerous and threatening terrorism has become as more than three hundred people—most of them children—died when Russian troops and police stormed a school that had been taken over by terrorist rebels from the breakaway province of Chechnya in the Russian city of Beslan. This act was followed almost immediately by the bombing of the Australian Embassy in Indonesia with nine dead in that attack. And, if mankind’s craziness wasn’t enough...

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The Kenai Peninsula Goldfields


Half the prospecting adventures I’ve done on the Kenai Peninsula occurred in winter. Not because I enjoyed looking for gold among the ice flows or 34-degree water, but on some creeks winter is the best time to find gold after violent swirl holes slow down.

The Pay Streak: Redefined With Metal Detectors


The time-honored objective in recovering gold from placers has always been to discover and recover gold from the detritus of both known and unknown lodes. The traditional method to recover gold from desert dry placers was to locate and work the enriched gravels known as the “pay streak.” This pay streak was usually found directly over false or true bedrock and within the upper few inches of the bedrock itself.

Nevada Mining Tax Fails in Signature Drive


Backers of the petition drive that began five months ago said they secured only about two-thirds of the 97,000 signatures they needed by the deadline to place the measure on the November ballot.

Silver Strike in Happy Camp, California


For Maria McCracken, the quest for gold has been a life-long experience. Maria runs the New 49’ers Prospecting Club in Happy Camp, California, along with her husband Dave, and Gerry Westerkamp. But lately her focus has been on silver.

PGMs in California


The occurrence of platinum-group metals (PGMs) is rather widespread in California in placer deposits, but they are not of commercial interest as things now stand.

Company Notes


• U.S. Gold Corporation
• AZCO Mining Co.
• Canyon Resources Corporation
• Placer Dome, Inc.
• Vista Gold Corp.
• Grupo Mexico

The Bawl Mill


The sky is falling...
Unwanted money...
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