Placers Directly Associated with Lode Deposits
October 2017 by Alex Dolbeare
Placers that are directly associated with lode deposits are sometimes overlooked and may have good potential for those who are willing to search for them.
Many years ago I was in the American Canyon. I remembered a few details about a placer deposit there, so we decided to make a trip down and re-check some of these old workings.
It’s a common symptom of gold fever for miners to be very hesitant to let go of gold they’ve found or even have it made into jewelry. I confess, I suffer from the same incurable disease!
I got a signal but knew it was small. Still, I was very happy to find something. I continued and got another signal. Yes! A bigger nugget! Then I got another signal.
At one time or another, many miners will look seriously at purchasing a mining claim...Usually it’s a significant financial commitment, so how do you know if you are getting a good deal?
Historically, Montana has been an important gold producer, in terms of both lodes and placers, and it still produces gold for the prospector today.
“The evidence is clear—mineral deposits alone are not enough to attract precious commodity investment dollars...”
Some will doubt its value given the ultra-fine particle size… Some will become encouraged about not having to incur significant time and expense to break rock.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts - Where should I get my geology degree? • Ask The Experts - How much rock shall I crush to determine the value? • Is It Time for a Change? New Ways to Find More Gold • MMAC Update • Silverton's Gold • Procuring Mine Owner Permission at a Mine Site • Champions Crowned at the California State Gold Panning Championships • Drywashing for Fine Gold • ICMJ Gold Prospecting and Mining Summit Postponed • Kennecott Copper Mine, Kennecott, Alaska • High Prices for Gold, Silver & Copper: What Does it Mean for Prospectors? • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices