Melman on Gold & Silver
April 2009 by Leonard MelmanOnce again, economic trauma was the dominant theme of most news releases last month. It seemed we were learning about an endless array of companies in dire trouble, including many who had either filed or were on the verge of bankruptcy...
What could be the first underground gold mine to open in Montana in at least a decade is proposed near the ghost town of Elkhorn in Jefferson County, Montana.
So far this year we have recovered over three pounds of gold and the hard rock veins seem to go on forever. We now have three claims that can produce good enough gold to set up a productive operation.
This stringer was where it was not supposed to be, and it contained nuggets that were not supposed to be there.
Goodnews Bay Platinum Mine, owned by Hanson Industries in Spokane, Washington, has resurrected a 60-year-old bucketline dredge to claw the steel-gray metal from the river drainages around Red Mountain on Cape Nushagak.
I stared out across the Yukon River. I estimated the river at this point to be a mile wide. An occasional log floated by in the tan-colored water.
An original copy of our very first issue was recently found at the North Star Mining Museum in California by Carol Marshall, and the museum was nice enough to return it to us! (Read the full story.)
The issue is now available as a free pdf download. The file is approximately 7Mb.
(A black & white reprint is also available for $6.00 plus postage.)
Click here to download a copy.
The Bawl Mill • From The Editor • Detecting Invisible Gold • Finding Diamond Deposits With Your PC—Part I • Has Senator Harry Reid Worn Out His Welcome? • The Most Obvious Place • The Gold of Yuba County • PDAC 2009 Convention Highlights • Stimulus Package Provides Potential Tax Savings For Miners • Mining Stock Quotes, Mineral & Metal Prices