Pebble Deposit Reveals Mineral Potential
January 2009 by Associated PressSo far 476 holes have been drilled to determine the copper and gold mining prospects of the Southwest Alaska region.
This is the point where you might ask, “What do these types of contracts typically look like and how are they negotiated?” Well, that is the topic of this month’s article.
With the exception of well-established operators with proven reserves and years of field experience, the high price of gold brought a flood of speculators, con men, and real estate brokers into the mix who were not previously engaged in the gold mining market.
Modern-day placer miners have many advantages over the prospectors of the gold rush days. Our prospectors can reap many benefits from accumulated knowledge of the last 100 to 150 years, which is a long and impressive list.
For hundreds, even thousands of years, gold has brought forth the worst as well as the best in the cultures of the world. It has pitted country against country, man against man, and brother against brother. There are countless tales...
Once a seam is found it can be traced for miles in either direction. While you are tracing a clay line, you are looking for indicators. The indicators that I look for are ironstone, hematite, different color clays intermingled with the clay line, and a very iron-rich, brown gritty soil.
The Bawl Mill • A Word From the Editor • Reading A River: Finding The Paystreaks—Part II • Placer Gold in the Ortiz Mountains • Miners Discuss Struggles at NWMA • Ask The Experts—Where to Take Sulfide Ore for Processing • Ask The Experts—Where Would The Most Gold Tend To Be In This Deposit? • East Coast Dredger Heads West - Part I • Growing Pains of the Learning Curve • Stillwater At Half Speed • Elko County Has Highest State Median Income • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices