Saving Money on Mining Gadgets
August 2009 by David KnowlenWithin your local area there is a store where you can find all sorts of handy tools for your gold mining enterprises, and at bargain basement prices.
The evaluation must also consider the gold fineness or purity. The purity of the Sugardaddy nuggets is estimated at 850 fineness, meaning 85% is gold (Au), 12% is silver (Ag) with 3% being other gangue alloyed metal.
…for a few hours, we fervently dug for gold. After we did a cleanup, I couldn’t believe the amount we got.
• IBLA rules against miner for "late" filing
• Wyoming appeals roadless decision
• Mercury reduction program slated for California
• Oregon wilderness
• Oregon miner prevails in lawsuit against Forest Service and District Ranger
• Canada pulls out of Kyoto Climate Treaty
Owning a mining claim is one of the greatest opportunities still available to American citizens. In last month’s article, we covered the basics of researching public lands and determining if the spot is open to claim.
Any ore grading 32% silver would contain more than 9,000 ounces of silver per ton and be valued at something in the range of $150,000 per ton. Even a few tons of this type of material would be well worth shipping off to a smelter for treatment.
I found I could not go prospecting in areas where I did not have a mining claim and the Forest Service thought my mere presence was a danger to the forest.
The Bawl Mill • Legislative and Regulatory Update • Finding Gold With Copper and Turquoise • GM to Cancel Mining Contracts • California Suction Dredging Update • Newmont Fined for Fatality • The Memorial Day Nugget • East Coast Prospecting Challenges • BLM Increases Location & Maintenance Fees • Rio Tinto: Allegations Without Foundation • National Mining Hall of Fame to Induct Five • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices