Prospecting for Silver Deposits
August 2015 by Chris RalphIn some ways, silver is the forgotten precious metal because it straddles both the world of precious metals and jewelry, while having many important industrial applications like a base metal. The price of silver reflects both the precious metal investment demand as well as the industrial demand.
His take of gold was pretty close to what mine was—about a quarter of an ounce. We had just gleaned about half an ounce of gold in just twenty minutes.
The signal I was hearing was coming from a vertical bedrock crack on the bank of the creek. I removed my backpack, took out my crevicing tools and started to clean out the crack when I saw a glint of gold.
Each specimen is carefully examined to determine if it would be beneficial or not to use an acid treatment to reveal more of the gold.
It’s been seven years since Forrest Fenn announced the existence of the buried treasure, said to be worth nearly $2 million. It has prompted thousands to comb areas of New Mexico, Yellowstone National Park and elsewhere.
The most commonly asked question in metal detecting is, “Which metal detector should I get?” People worry a lot about not getting the right machine. They do not want to waste their money and their time with the wrong metal detector.
The high prices for gold and silver are exciting and certainly have revolutionized the prospecting and mining scene. New interest in gold and silver mining is springing up from every corner, from individual prospectors armed with gold pans to exploration and mining companies working to set up multimillion dollar commercial operations producing hundreds of thousands of ounces per year. The idea of getting riches from rocks is one that motivates a lot of folks all over the globe. It’s an exciting time, but this excitement brings out another side...
As I arrived at my detecting location, I got all my gear and headed up the trail. I had to stop and take in the devastation all around me.
The Bawl Mill • Ask The Experts • Ask The Experts • Detecting During Summer Heat • Surviving The Boom and Bust Cycle • A Great Day On The Feather River • Give That Club Claim A Chance • From Curiosity to Mine Owner • Gold and Rare Earth Elements in New Mexico • Will El Nino Move Gold for Miners and End California Drought? • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices