Melman on Gold & Silver
April 2006 by Leonard MelmanLast month we witnessed numerous news items that appear to confirm a new, and perhaps ominous, trend in America’s relationships with the rest of the world. We are referring to a visible increase in America’s vulnerability to foreign actions.
• Royal Gold, Inc.
• Fairmile GoldTech, Inc.
• Gemcom Software Int'l Inc.
• Homestake Mining Company
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
The state of Washington is not especially known for placer gold, yet significant amounts have been recovered in a few districts. These deposits are usually downstream from lode mining areas, some of which are in British Columbia.
Gold and other valuable metals are often deposited in breccia and rubble formed by flat or gently-dipping faults. Such faults are commonly found in areas of crustal stretching caused by the movement of tectonic plates. Flat-faults are especially common in southeast California, southern Arizona, and northern Sonora, Mexico. However, they can be present anywhere that crustal stretching has occurred.
The water rose up in a great splash around the front of the pickup. The tires smashed into a couple of large boulders and suddenly the truck nosed down into a deep hole and bounced back out as I stepped on the gas pedal.
There is no question metal detectors can be used to find paystreaks, but the method I am going to describe may not be exactly the procedure some prospectors would expect.
In the July 2003 issue we reported on the case of Public Lands for the People (PLP) members Ron Lex and Ken Waggener (“PLP Members Win Occupancy Case—Appeals Continue”). The two miners were cited for occupying their...
The Bawl Mill • Federal Court to Address Dredge Permits—The Tulloch Rule • Basic Geology for the Independent Miner—Part IV Geology of Hardrock Gold Deposits • Economic Impact of Mining in Alaska • The Kenai Peninsula Goldfields • Copper Price Keeps Canadian Miners Busy • The Business of Mining: Financial Recoveries for Mandated Changes • Utilizing Geologic Maps • The Rich Hill Outing • Picks & Pans: Detecting at Ganes Creek • Copper Mine Opening in Utah • Future of Mining in Bolivia Uncertain • Mining Stock Quotes and Mineral & Metal Prices