Selecting A Low-Risk Region To Explore, Mine or Invest
August 2019 by Chris Ralph
“The evidence is clear—mineral deposits alone are not enough to attract precious commodity investment dollars...”
Today it is getting tougher and tougher to find a place to prospect. There is one significant haven left for the small miner...
In some places valuable ores can be found within the waste material of mine dumps, sorted ore piles, and detrital vein matter at the surface. Though many of these old mine sites can be an excellent source of gold, not all are created equal.
When you think about the extremes to which a miner will go to get a little gold, it occurred to me beach gold could be "easy pickings."
I love to dry wash old nugget patches found by detector operators, and I have found my fair share of gold dry washing those areas. I have also found a few nuggets using a detector on the bedrock exposed by dry washing the patches.
Time is a commodity which if traded would dwarf the price of gold. Nobody has enough of it; we can’t make more of it; and whether squandered or spent wisely, once gone, it’s gone forever. To find gold we have to spend time.
This past summer, a two-week adventure in Alaska and other gold prospecting trips turned out to be some of my greatest life experiences.
I have found gold more than 200 feet above the river. It was not unusual for nuggets of an ounce or more to be found in these deposits, but fine gold and flakes are much more common.
The Bawl Mill • Our Readers Say • Ask The Experts - What is a 'wissbanger'? • Legislative and Regulatory Update • Papa's Got A Brand New Dredge! • Resurrecting An Old Hard Rock Mine--The Saga Continues • Research Tools for The Modern Prospector • Silver Peak, Nevada: A Little of Everything • Vindication for Montana Veteran Joe Robertson • Green Returns And Opportunity Is Almost Gone • Vehicles Equal Moving Deductions for Mining Operations • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices