Mining Stock Quotes and Mineral & Metal Prices
August 2002 by Staff
Excerpts from CMJ, our original title, published 50 years ago this month.
Before heading out to work the same old ground, or blindly seeking a previously unknown gold placer area to drywash or detect, maybe you would benefit from doing a little research.
The Piedmont region of the eastern United States extends for over 800 miles, from Alabama northeast to Pennsylvania. It includes the rolling country between the flat coastal plain to the east and the Blue Ridge Mountains to the west.
It’s important to pay attention to where you dig, because just like any placer, the gold in dry placers is concentrated in certain spots. This is especially true when you are testing and trying to determine the potential of a placer area.
Let’s take a look at these important property aspects individually, because they all affect the value of a property and how much mining companies might or might not be interested acquiring it.
Most everyone has heard the term “gold is where you find it’” and probably have read how James Marshall, in 1848, while inspecting the mill-race ditch that had been dug to supply water for the saws at the sawmill that he was building for John Sutter, ended up finding the first pieces of gold within the ditch along the South Fork of the American River...
An example of some of this extraordinary ore was a lot of about four tons from the Florence mine during the last days of a lease that averaged over 300 ounces of gold per ton.
The Bawl Mill • Washington Department of Fish & Wildlife Raises Harassment of Miners to a New Level • Oregon Miners File Suit Against Fisheries Service • BLM Land Swap Deal Raises Eyebrows • Gold in Nevada • The Greenhorn • Striking Gold • The Bombarded 38' Parallel • Picks & Pans: The Trophy Hunt • Corner Country Gold • Something to Consider When You Go Dredging • Western Mining Artifact Collectors Show • Rattlesnakes • The Gold Hill and Iowa Mine 1895-1938 • Looking Back • Melman on Gold & Silver