Mining for Gold and Sapphires in Montana
April 2014 by Chris Ralph
Fascinated by the sapphires—and the gold that occured with them—he was soon buying parcels of property and setting up his own commercial-scale gravel processing plants.
Buying a placer claim or investing in a placer mining property comes with plenty of financial risks. You need as much information as possible about the mineral deposit in order to minimize those risks.
Choosing the right method to move your ore and waste is all about making the right choices. Sometimes more than one method may be used during the life of a mine as an operation expands and grows.
This year was a test. We had never done anything like this before, yet we grossed $30,000 in the short time we had to mine.
Old mine workings and tailing piles can represent opportunities on many levels, from the chance to simply find a nugget on up to the commercial reworking of the old tailings for profit.
The high prices for gold and silver are exciting and certainly have revolutionized the prospecting and mining scene. New interest in gold and silver mining is springing up from every corner, from individual prospectors armed with gold pans to exploration and mining companies working to set up multimillion dollar commercial operations producing hundreds of thousands of ounces per year. The idea of getting riches from rocks is one that motivates a lot of folks all over the globe. It’s an exciting time, but this excitement brings out another side...
After he excavates the ore down to bedrock, he goes over the bedrock with a metal detector to ensure he didn't leave any gold behind before he backfills the area.
The Bawl Mill • Ask the Experts • Ask the Experts • Ask the Experts • Ask the Experts • Ask the Experts • Ask the Experts • Contrary to Rumors, Couple Will Keep the Saddle Ridge Hoard • Finding Gold with a VLF Detector—Part I • Creating Your Own Luck • Over the Divide—Robert Michael “Mike” Corbley • Continuing Hard Rock Exploration • Recovering Fine Gold with Oleophilic Adhesion • Detecting for Gold in Nevada • Using Structural Clues to Locate Buried Placer Channels • Gold Deposits of the Ivory Coast • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices