Placer Gold Deposits of New Mexico
February 2019 by Chris Ralph
While a large number of locations have yielded some placer gold, most of the state’s placer production has come from a few productive districts.
I figure there are a lot of new people out there who have the same question. I will try to give some answers that hopefully will give you more confidence in finding your own spots.
Many miners know that lead is very commonly associated with silver values, but the truth is that it is also associated with gold values in many locations as well.
Gold probably is one of the easiest things in the world to cheat an absentee owner out of. He would generally have no way of really knowing if a guy had found 3 nuggets or 30 nuggets on his claim.
Prospectors deal with black sands in lots of different ways. I know that some prospectors worry about getting every speck of gold and save black sands in buckets until they have hundreds of pounds.
I’ve been following the precious metals for decades, and I haven’t seen a move this powerful in many years.
My plan was to go up the canyon along a ridge and then drop into the canyon whenever I came across a spot that might give me reasonable access.
The coin trading world has a new gold standard, after the only known 1822 half eagle $5 piece in private hands sold at auction in Las Vegas…
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