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Montana's Virginia City Has Golden Legacy
December 2001 by Frank Lorey III
The discovery of gold at Alder Creek, centrally located in Madison County, Montana, was unusually well documented, with the date and time placed at May 26th, 1863, at about 4 o’clock in the afternoon. A group of six miners had been searching the area with little luck until the leader, Bill Fairweather, spotted an exposed area of promising bedrock. He dug up a shovel full of dirt and put it in Henry Edgar’s pan for washing. About the same time that Edgar was busy washing out the pan, Fairweather was poking around the bedrock with his pocketknife. Both spotted the color of gold at once.Melman on Gold & Silver
As noted on page 26 of this publication, your columnist spent five days in January immersed in two important conventions regarding precious metals mining and, of all the pieces of information bandied about within the mining community, one unbelievable set of numbers, little known or noticed by the public—but of immense potential impact on our world of gold and silver...
China Gold Imports Increased 500 Percent in 2010
It’s been no secret that the prices of gold and silver have been moving upward at a fast clip in recent months. Gold has soared 27 percent so far this year. There has not been a significant drop-off in production, so it’s been evident that an increase in demand has been a part of the force driving the price upward.
A Golden Dream Come True
We found the area where this patch of gold nuggets was located by researching several books on old mining districts. By the end of the 2006 winter we had about five different locations that we wanted to investigate.
Flood Stage—The Key to Reading a River
We knew what to do—we moved our project far enough from the river to escape the two hundred foot shoreline rule. If the old man had been right we could do this and still be over the loop of pay dirt.
Growing Up Gold
If you’re going to successfully detect nuggets you must not only know a little about finding gold and detecting, but you also need to know your own limits, have a dash of luck and a lot of persistence.
Legislative and Regulatory Update
• Cap and trade
• Roadless rule
• WDFW backs down thanks to miners
• California dredge permits
• BLM faces lawsuit over access in Washington State
Proposal Submitted for Lab at Homestake
Rapid City, S.D. (AP)—Scientists and a team of South Dakotans have submitted a $281 million, five-year plan to turn Homestake Mine in Lead into the world’s largest underground laboratory.
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