Placer Gold Near Fairbanks, Alaska
February 2002 by Edgar B. Heylmun, PhDThe Fairbanks Mining District, the most productive gold district in Alaska, lies between the Tanana and Chatanika Rivers, 7 to 25 miles from Fairbanks (Pop. 35,000), in east-central Alaska. Most parts of the district are accessible by road, a rarity in Alaska.
For centuries gold has been a symbol of wealth for both individuals and nations. Because of its chemical and physical resistance it has been widely sought after by early explorers whose only motive was to find new sources of gold.
…the general investment community has turned away from mining shares over the past three years and moved whole-heartedly into conventional investments.
There are a number of Tertiary river channels in the area, most of which trend south-southwest. They tend to be steep, narrow, and rich with coarse gold.
Q: What exactly does "ionizing" mercury mean?
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.
• A place for mining equipment "on the cheap"?
I didn’t think too much of our dredge hole and we were both considering a move when we hit bedrock. There was a good quantity of flakes and fines, but no nuggets.
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