January 2012 by Chris RalphEvery year the Northwest Mining Association holds an industry trade show. Many vendors are on hand, and there are many presentations given. With thousands of folks in attendance it’s not hard to get a pulse on what is happening in the mining industry.
There are a number of veins in the disseminated mineralization, but the principle ones on Round Mountain are known as the Los Gazabo and the Keane.
It was your correspondent’s privilege to accompany Great Atlantic’s management and geologic team on a journalist and analyst tour of their various New Brunswick projects during late June, 2012.
“We feel that we can clean up an area that has been abandoned after 100 years of mining,” Lyon said.
The burning question I needed answered was why didn’t the deposit ever get mined of at least one of the valuable minerals? A couple of reasons have come to light.
Even as late as 1906, Delamar was second only to Tonopah and Goldfield in production outshining many better known areas. Since the first discoveries, more than 700,000 ounces of gold have been produced from the mines here.
Environmental groups last year urged Montana regulators to impose the bad actor designation, and now are seeking to intervene in the case.
Nevada gold mines produced only about 6 percent more gold in 2010 than they did the year before, but the value of that gold was up a whopping 33 percent.
The Bawl Mill • Southwest Alaska Gold Project Progresses • Good Assays and Bad • Where to Find Gold in Indiana—Part II • Who is a Qualified Person? • Time Well Spent • Reality of the Klondike • River Dredging vs. Creek Dredging—Part II • Pot Hole Gold • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices