Platinum Placers and Nuggets
April 2007 by Chris RalphSometimes a placer miner will find small bits and nuggets of metal associated with gold and other heavy minerals in his concentrates, which exhibits a silver-gray color rather than the normal tones of gold.
Years later I returned with a new detector with a smaller coil and detector technology more sensitive to smaller nuggets. I found my first nugget within five minutes. I had a second five minutes after that.
Sampling and mining a historic mining claim
That is the course and intention for this article—to wander through some of the lessons I have learned in my thirty-two years of metal detecting and prospecting.
Any good books on mineralized faults and contacts?
What a start to the year! In just the first two weeks of 2008, we saw the price of gold explode to the highest levels in history at $900 per ounce, Crude Oil reach $100 per barrel, some of the world’s largest financial institutions collapse in market value, unrest spread in Pakistan following the assassination of Benazir Bhutto, the worst jobs report from the Department of Labor in at least two years and the continued erosion of residential real estate values.
“Bloody Nick,” as he was known, arrived in California in 1850. From his name, there were those who thought him to be a big man, but instead, he was a small thin man, fifty-six years of age.
We are now seeing declines in gold followed quickly by rallies to new relative highs while powerful stock market rallies are met with aggressive new selling. Whether this pattern will continue into the future is debatable, but it certainly is a welcome background for the much-battered world of precious metals investing.
The Bawl Mill • Ask the Experts—How do I remove gold from black sands? • Ask the Experts—How did the bill to address RS 2477 pan out? • Ask the Experts—How can I separate gold from carbon? • Wild and Scenic Rivers Act (P.L. 90-542, as Amended) • In Pursuit of Gold & Silver in the Sierra Madres—The Tejeda Mines • The Business of Mining—Family Mining Business Tax Savings • Successful Nugget Hunting • Oregon Miners Update • The Prevleator • Mining Boom Is Back In Northern Nevada • Lease Issued For Potential Mine Near Mount St. Helens • Looking Back • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices