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Picks & Pans: Treasure Hawk Mine—Cutthroat Mining Corporation
August 2000 by John Lear
The Treasure Hawk mine was operated by "Crazy Eddie" Bounsall from 1972 until 1988. He died in 1994, and I purchased the Treasure Hawk claims from his wife Betty in 1996.Who is a Qualified Person?
So you think you have an ore deposit? The work has been long and hard, but there are a few drill holes, lots of samples and assays. The data is in a reliable computer and there may be a mine at the end of the tunnel. What is the likelihood of a profitable operation? Can you raise capital for development or exploration?
Potholes and Other Bedrock Traps
Potholes in bedrock can trap placer minerals and even be glory holes. They are, at least, interesting geologic phenomena, and at best, a treasure trove of gold nuggets.
Legislative and Regulatory Update
• Utah, fed up with federal and environmental policies, takes action
• Administration proposes ending fish protections to settle suit
• Court finds fault with Forest Service spotted owl study
Alluvial Paystreaks
The gravels in contact with the bedrock or false bedrock base are often the richest. The same facts apply to the alluvial paystreaks that are formed on gravel bars; the lowest level of the gold-bearing gravel is normally the richest.
Mining Stock Quotes and Mineral & Metal Prices
Mining Stock Quotes and Mineral & Metal Prices
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