Melman on Gold & Silver
January 2001 by Leonard MelmanOne of the consequences of the weakening economy and the sharp declines in NASDAQ securities was a sudden weakening of the US Dollar (see chart of D-Mark). As investors began to pull their funds out of the US and return the funds to their native lands, this resulted in sales of the dollar, reducing it in value.
The primary source of many dryplacers is from the weathering of small to large hardrock sulphide ledges to yield free-gold, soluble salts and iron oxides. Placer gold, both large and small nuggets, can be found from the top inch down...
The most obvious benches are usually near the valley floor, but they can be thousands of feet above the valley floor. Since benches were made by streams, they can contain placer deposits.
Prospectors typically stumble upon diamonds while searching for other minerals.
• Southern Era
• X-Cal Resources
• Placer Dome Inc.
• Pan American Silver Corp.
• Vista Gold Corp.
Follow the chain of letters between everyday prospectors Robert and Lesa Barton of Oregon and Deputy Regional Forester Linda Goodman.
The lands that lie within the Arizona section of the Kingman Quadrangle are by far the most populated. Kingman and Bullhead City are the largest towns in the area, having a combined population of about 58,000 people.
We found the area where this patch of gold nuggets was located by researching several books on old mining districts. By the end of the 2006 winter we had about five different locations that we wanted to investigate.
The Bawl Mill • Over the Divide • Our Readers Say • Special Editorial: Gold Anti-Trust Action Committee Believes They Have the Evidence • World Gold Council News • Metal Detecting Within the Cordillera for Gold Placers Associated With Tertiary Epithermal Ore Deposits • Picks & Pans: An Exciting Hobby • Prospecting for Silver With a Geiger Counter • The Furnace Atmosphere During the Fire Assay • The Hanging Tree • Gold in Chihuahua, Mexico • ICMJ 10th Annual Photo Contest Results • Mining Stock Quotes and Mineral & Metal Prices • Looking Back