Platinum and Diamond Discoveries Shine New Light on Historic Alaska Gold-Mining District
March 2001 by Dennis R. GarrettA rush of platinum and diamond exploration projects and discoveries is generating renewed interest in the historic gold-producing region of the Yentna-Cache Creek District in south-central Alaska.
Of all the difficult gold placer sites to evaluate, none can compare with trying to dig to bedrock through twenty or thirty feet of soaked overburden through which water is slowly seeping downgrade.
Move over gold and make way for platinum and palladium. Investors are taking a shine to these lesser-known precious metals as their prices rise.
From the mid-1850s and even into the early 1900s, Northern Sierra County boomed with mining activity. This area was flooded with miners, establishing such towns as LaPorte, Gibsonville, Spanish Flat, Whisky Diggings...
A prospector, who wishes to remain nameless, located the pictured chevron gold specimens on October 29, 2003.
“Much of the ground where Ms. Hollingshead found her diamond is made of unweathered volcanic rock. When it rains, flowing runoff often leaves loose gravel, and sometimes diamonds, on the surface in these areas.”
China is an enormous country, behind only Russia, the United States (incl. Alaska), and Canada in size. It has a teeming population of 1.3 billion, far ahead of any other nation. Most of the population is jammed into the eastern half of China, with the western half being only sparsely inhabited. There are 5 western provinces...
Gov. Bill Owens announced to members of the mining industry that he would consider a proposal that provides significant tax reductions for mining companies.
The Bawl Mill • Our Readers Say • Gem Theft in Tucson • BLM 3809 Final Rule Implications • Winter Dredging • Selecting a Gold Recovery System • Placer Diamonds in Venezuela • Picks & Pans: Leon Always Finds the Most Gold • Company Notes • The Swift Shore Mine 1862—Present • Placer Gold in the Black Hills, South Dakota • GATA Update • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices