Prospecting for Hardrock Gold - "Eureka!" (Part III)
May 2010 by Don RobinsonA quartz piece was rolled over and there it was, staring right at us—beautiful, coarse gold coming right out of the quartz rock. It was almost the size of a softball, and it looked like over one quarter of it had gold throughout!
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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.
While many prospecting or mining operations don’t have sufficient profits to benefit from accelerated write-offs or even the full 100% “bonus” depreciation write-off, other options can be equally rewarding.
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
Recent sharp price increases for copper, nickel and platinum group metals (PGMs) have greatly stimulated exploration for these metals, and individual prospectors have made important discoveries of new deposits.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts: How to handle gold in cyanide; how to sample a platinum deposit • Gold Prospecting in Maine - Part II • American Manganese • Detecting for Gold in Australia • Investors Take a Shine to Platinum, Palladium • Melman on Gold & Silver • Mining Stock Quotes & Mineral and Metal Prices