Melman on Gold & Silver
February 2001 by Leonard MelmanSeldom, if ever, have we witnessed as much financial upheaval or as rapid a change in sentiment as we saw in the first two trading days of the year...
...Most importantly, the mining districts can open the federal land to multiple-use by the public on principles of inclusion rather than the present-day exclusions...
Most of the commercial mineral deposits are on the south and southwest part of the range between Minersville and Milford, though small amounts of gold and silver have also been found in iron-rich outcrops in the basalt to the south of Milford.
Unfortunately, not all the gold that we prospectors find is pretty, or appealing to the eyes. They are not all nice, bright, shiny nuggets with lots of character that carry high collector value.
The Little Rocky Mountains are a group of wooded hills, 10 miles long and 8 miles wide, which form an island in the Great Plains of north-central Montana. They rise to 5,708 feet, 2,000 feet above the surrounding plains.
This mine was a real wonder of engineering, and the water supply and drifts had to be carefully managed to keep it in operation. In fact, it didn’t close due to lack of gold, but instead closed with the fall of the Roman Empire.
• A place for mining equipment "on the cheap"?
The Bawl Mill • Our Readers Say • The King Has No Clothes • GATA Update • Clean Fuel, Cleaner Air • Gold Miners Become Tungsten Miners • Mining Deaths Drop Overall in 2000 • History of Oil in California • VCIs for Environmentally Safe Maintenance • Picks & Pans: Dredging on the Arkansas • Placer Gold in Washington • Alaska Miners to Sue Department of Interior • Oregon's Measure 7 May Provide Compensation for Land-Use Restrictions • Company Notes • Environment-Friendly Dredging • Legacy of the Wandering Jew Mine • Babbitt Wants Moratorium in Siskiyou National Forest • Gem Discoveries Sought in North Carolina Field • Greaterville, Arizona • Identifying Gold Ores • Looking Back • Mining Stock Quotes and Mineral & Metal Prices