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Melman on Gold & Silver

Our world of precious metals showed several conflicting trends. Gold fell sharply from last month’s highs to the area between 265 and 270 and then stabilized in that area.

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Legislative and Regulatory Update


• Clean Water Act rule change proposed
• DOJ files motion against Oregon miners
• Off-road access case to be reviewed by Supreme Court
• Resources Coalition hard at work
• Leavitt takes helm of EPA

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.

How to Utilize Assays and Evaluate Results


Assay furnace - photo courtesy Inspectorate AmericaAsk the lab manager how your ores will be tested, and ask to see the equipment that will be used. If you are told it’s a secret that can’t be explained, you need another assayer.

Oregon Anti-Dredging Bill


SB 765...would tax suction gold dredgers by charging a $50 annual fee for in-state dredgers and a whopping $2,500 fee for out-of-state dredgers for each county where the miner intends to dredge.

Ask The Experts: Is an XRF gun useful for prospecting and mineral identification?


Q: I’ve thought about renting an XRF gun with gold specific software to use for exploration this spring.

Company Notes


• Pan American Silver Corp.
• NovaGold Resources, Inc.
• Canyon Resources Corp.
• Great Quest Metals, Ltd.
• X-Cal Resources
• African Metals Corp.

Miner's Cabin—Red Shack Territory


As we approached the river the view was outstanding and the sight was encouraging. A ravine coming down on the right side had been worked heavily, with rock piled back on each side. That surely meant there was gold somewhere close.

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