Montana's Virginia City Has Golden Legacy
December 2001 by Frank Lorey IIIThe 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.
Most of the old large gold dredging operations used a trommel. The trommel consisted of a long metal cylinder made of heavy punch plate in which the small gravel, black sands, and gold would fall though holes and end up in banks of sluices.
People who want to believe that the sky is falling or the end of the (economic) world is at hand sure had ammunition thrown at them by the bucketfuls in the past month.
The Washington Department of Fish and Wildlife (WDFW) issued emergency rules without public comment just prior to our publication deadline.
During the past decade, gold prices have been on a serious roller coaster ride. This year, the ride has taken a turn for the worse—straight down hill. Members of the precious metals mining industry have been hanging on as tight as they can.
...as a holder of contrarian points of view, I am somewhat delighted to see the recent enormous surge in published negative commentaries regarding gold's future.
- Sun continues to set on solar
- Obamacare ailing
The Nevada Mining Association has filed a lawsuit to block a petition asking state voters to raise taxes on mining.
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