Melman on Gold & Silver
March 2010 by Leonard MelmanBudgetary deficits can be reversed by a combination of only two factors; increasing revenues and decreasing expenditures, and we would prefer a combination of both factors occurring simultaneously. Unfortunately, it appears to us that President Obama failed to respond to such simple considerations.
This explains the large difference in particle sizes between placers and hydrothermal lode deposits, but also means that while the mining may be similar in some cases, the sampling and recovery techniques are usually quite different.
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It was the first mine developed by Americans in the Cadsden Purchase of 1853. A number of small near-surface mines had been operated by Spaniards and Mexicans in the region prior to the arrival of Americans, going back as far as 1740.
Q: I’m working with some folks who have a large amount of old placer concentrates stored on their recently purchased property.
Having made nearly forty trips into this region over the years, the area has a tendency to draw the individual into its unique winding roads, which were once mining trails, where the creeks and rivers run to and fro across its twisted topography.
In Wyoming, garnets are often common where aluminum-rich (micaceous) rocks have been highly metamorphosed. Such rocks are recognized by abundant black (biotite), silver (muscovite), or green (chlorite) mica with periodic grains of red garnet.
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