Silver Peak, Nevada: A Little of Everything
August 2019 by Chris Ralph
Silver Peak is a small mining community in Esmeralda County in west-central Nevada, about 30 miles west of Goldfield. Although it’s fairly remote, it’s been an important mining center since the early days.
During the past decade, silver has been in a pronounced bull market, which many analysts attribute to its unique attractions as both a monetary and industrial metal. One Canadian junior miner, SilverCrest Mines Inc., is working actively to take advantage of silver’s favorable performance by steadily expanding production at its flagship Santa Elena Mine...
It was only a few years ago that China was taxing and limiting quantities of exports for rare earths in an effort squeeze the market, drive up prices and extract the most in the way of income.
The lake is at the southern tip of the San Andreas Fault, which has shifting tectonic plates that bring molten material closer to Earth’s surface. The only other part of the US known to have more geothermal brine available is on the fault’s other end in Northern California.
The Oatman/San Francisco Mining District’s historic gold production of 2.2 million ounces of gold since the 1880s makes this area Arizona’s greatest primary gold producing district.
When I read about these new discoveries, I often wonder how the original operators ignored all the additional ore. Yet this has happened again and again in Nevada and many other places.
Exploration for and prospecting in search of similar deposits should focus on rhyolite bodies located in fluorite-bearing areas.
Most gold-bearing veins in this region are controlled by fractures associated with the Melones Fault, a late Cretaceous structure that is 108 to 127 million years old.
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