Picks & Pans: The Discovery Gulch Diggings
June 2000 by Ron WendtCold, clear water flowed around my neck as I sat in a water hole on Discovery Gulch in Interior Alaska. I squinted up at the hot interior sun, as it seemed to be trying to mock me, frying me in it's 88 degree rays.
The Forest Service is issuing $69,630 in small grants to several rural communities in Nevada to help diversify their economies and wean them from dependency on natural resources.
Wild rumors sweeping this near bankrupt Pacific nation of a multibillion dollar stash of World War II gold bullion are wrong, the government said.
The advent of the nuclear age, after World War II, aroused concerns in government circles when officials realized the United States was entirely dependent upon foreign sources of supply for rare earth elements. This prompted the Atomic Energy Commission (AEC) to enlist the US Bureau of Mines Special Minerals Investigation Branch to evaluate monazite-bearing placers in the United States in 1948.
NovaGold Resources announced that it has struck a $60 million private placement deal with Electrum Strategic Resources and will use the cash to repay debt and fund exploration and development.
...it was impossible not to notice the absence of many junior mining companies that were present last year. Due to the dual circumstances of the world’s credit problems along with the steep declines in base metals prices, many of them, unfortunately, have simply gone broke and closed their doors. Others are so strapped for cash...
Serpentine, as used in this article, is both a rock and a mineral. The rock should be termed "serpentinite," but the word "serpentine" is in common usage for both the rock and mineral.
The Bawl Mill • Our Readers Say • Guest Editorial—Unreasonable Interpretations • Ruling Awards Giant Nugget to Finder • Letter to the Editor • Traditional Adversaries Reach Agreement • The Gold Belts of Georgia • Company Notes • Placer Testing with Large Samples • Gondwana Gold Gravels • Quick Thinking & Rescue Devices Save Two Lives • Prospector Finds Cache of Emeralds in North Carolina • My Old Carbide Lamp • Melman on Gold & Silver • Hands & Pans on the South Yuba River • Permafrost Tunnel Shows Cross-sections of Past • Mining Stock Quotes and Mineral & Metal Prices