Melman on Gold & Silver
October 2008 by Leonard MelmanGiven that every single forecast of the level of government bailouts has understated the problems and the money required for solving them, one can only wonder what really lies in store for the American taxpayer—and the US Dollar.
The mining and logging camp of Zeballos (pop. 272) is located on an arm of Esperanza Inlet, on the southwest side of Vancouver Island, British Columbia. Vancouver Island is 301 miles, by road, and reaches elevations as high as 7,249 feet.
Greenstone is a dark greenish-black basaltic rock which, along with chloritized schist, forms belts up to 50 miles wide in northern Minnesota, in rocks of Late Archean age. Most belts are 2.6 to 2.9 billion years old.
Wall-rock (country rock) alteration is found in all hard-rock mining districts and has been caused by hydrothermal solutions in the past history of the region. The zones of alteration have a bearing on where one might drill for ore bodies. The weekend prospector does not have the tools nor knowledge to block out ore deposits, but he can narrow down his search dramatically by understanding the zones of wall-rock alteration that he sees.
Q: How do metal detectors work around precious metal ore bodies?
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