Melman on Gold & Silver
November 1999 by Leonard MelmanOnce you have had a chance to look at our charts and quotes for this issue, I have one bit of advice. "Don't go running off to see your optometrist!"
The Reynolds gold mine is located approximately 6 miles northeast of the town of Troy, North Carolina, the county seat of Montgomery County. According to old reports, the mine was discovered around 1800. Production reports from the mine are sketchy, but mention the occurrence of telluride minerals associated with the gold. Early work was apparently confined to a number of quartz veins that traverse the property in a northeasterly direction.
One prime example is an area that I have talked about in many of my articles. This is a very large area and I will actually describe its location again.
While most prospectors, mine operators and business owners are aware that “like-kind” exchanges can be an excellent way to postpone the gain resulting when any of the operation’s assets are disposed of, few give any thought to the value...
On my weekends off I spent many hours dredging the Second Broad River from Cane Creek Road up to the headwaters. I used a three-inch dredge with air and graduated to a five-inch with air.
Greenstone is a hard, tough, altered igneous rock, usually dark green in color. The term “greenstone” has been loosely applied to all greenish rock, including peridotite, dunite, jade, serpentine, and even hydro thermally altered rocks in mining districts. True greenstone is...
Familiarizing oneself with an unfamiliar part of the country is often a requirement of successful gold prospecting. In the pursuit of gold, it may become necessary for a prospector to branch out into new hunting grounds.
The placer mineral identification key is designed to answer this question. It attempts to recognize all the minerals in your gold pan concentrates.
The Bawl Mill • USPS Delays ICMJ Delivery at Oakland, CA Processing Center • Another Gold Heist Reported at Nome • No Need to Rewrite Mining Regs, NAS Study Confirms • BLM Filing Requirements for Small Miners' Waiver • Asarco Accepts Phelps Dodge Buyout • Once Lonely, Mojave Desert Phone Now World's Companion • Judge Blocks Road Protest • Company to Sue Over Stymied Gold Mine • No Mining / Logging on 40 Million Acres • Catastrophism vs. Uniformitarianism • 1st Annual Placer County Open Gold Panning Championships—1999 • Picks & Pans: The Ten-Pennyweight Nugget • Mining in Sonora, Mexico • Pullin' the Pin • Land of Golden Dreams—California in the Gold Rush Decade • Cerro Colorado Silver, Arizona • Progressive Privy Program Proved Popular • Mining Stock Quotes and Mineral & Metal Prices • Surging Gold Prices Burn a Few Unlucky Mining Firms • Looking Back