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...”
As a gold prospector for the past ten years, I thought that I had a fair understanding of the steps necessary to find gemstones.
...we were able to pull out close to another 3+ ounces of small, angular Silver City gold. This also included several more small nuggets, pieces of wire gold and some quartz-gold pieces—not bad for 4 days with a small sluice.
Let’s set up a thought experiment: Suppose you had some material that ran one ounce per ton gold, which is generally considered high grade to fantastic grade depending on the circumstances.
One of his friends had 700 feet of small-gauge mine track and a hundred-year-old track bender laying out in his back 40; plus he also wanted to join the team. Perfect.
Federal and state regulatory agencies often cite mercury and methyl mercury in our waterways as a major factor for further restrictions on placer mining, and on suction gold dredge mining, in particular. However, these regulatory agencies are minimizing selenium and its neutralizing effects.
Mike and I each selected a side of the creek and started to work our way upstream. We both worked the water and sides of the creek, and better than half the gold found in this area is in the water.
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