Melman on Gold & Silver
October 2002 by Leonard MelmanThe world remains a fascinating place to watch, for it seems that just when some of the most serious problems appear to be on their way to resolution, a whole new collection crops up. We appear to have been in just that type of environment this past month.
The Montana Board of Investments unanimously approved a motion to issue up to $35 million in bonds to help Stillwater Mining Corp. expand its platinum and palladium mine.
Concerning assay comments...
Metamorphic rocks such as gneiss and schist are known for their pocket gold deposits. Such pockets may not be large enough for major mining operations, but may be very rewarding for individuals or small companies. Gold-bearing quartz veins may cut gneiss or schist, but often the veins parallel the bedding, or foliation. The origin of mineralized veins, which parallel the foliation, has been kicked around for years.
The non-toxic thiosulfate is actually the medical antidote given to people for cyanide poisoning. By accomplishing both neutralization and metals recovery, this process creates an economic and environmentally attractive process.
We knew what to do—we moved our project far enough from the river to escape the two hundred foot shoreline rule. If the old man had been right we could do this and still be over the loop of pay dirt.
The Colorado Plateau, much of it “Red Rock Country,” covers most of southern and eastern Utah, as well as parts of adjoining states. Elevations range from 3,600 to over 12,000 feet. Much of the region is...
The Bawl Mill • Our Readers Say • Placer Gold in Idaho • Working the Belmont Mine Butte, Montana—1953 • Simple Sluice Design • Cobalt and Nickel in Missouri • Sunshine Mine Video Brings Back Painful Memories • Hardrock Detecting • Gold Garbage: Scams New & Old • Company Notes • Picks & Pans: Confessions of a Professional Nuggetshooter • Gondwana Gold and Diamonds • Looking Back • Ghost Towns of Washington County, Utah • The Fire Within • 2002 California State Gold Panning Championships—Foresthill, California • Mining Stock Quotes and Mineral & Metal Prices