Spanish Gold Ledge Still Producing Gold
June 2013 by Jane Alene BoylesThe Gold Eye placer claims, located in the La Cholla district of Arizona, are still producing some beautiful gold. From the days of the Spanish explorers and Mexican miners, men have tunneled into the earth in search of gold in this area.
We descended hunched over, down a long, steep, wooden staircase to the 1,000-level.
The same day, while two of us were heading to Vancouver to attend the mining convention, two others from our team were headed to Nevada to begin loading the millsite equipment.
There were nice sections of vein material at the end of several drifts, like they just stopped work one day and walked away.
The next hurdle to jump was whether the trommel motor would start again after sitting on the desert for six years without being started. The last time it had taken a three foot pipe wrench to bust it loose.
Even if you are not ready to cash in right now, it might be good to evaluate your options and make a plan of action so when that day comes you know exactly what to do.
Buying a placer claim or investing in a placer mining property comes with plenty of financial risks. You need as much information as possible about the mineral deposit in order to minimize those risks.
The Bawl Mill • Breaking Rock the Old School Way • My Lucky Month of March • Gold Rush in the Congo—Part II • A Journey Into the Silver Peak Range • Ancient River Channels of Trinity County • Which Nugget Detector Should I Get? • Liberty and the Phoenix Mine • Confluence Placers • Nevada Mining Tax Cap Repeal Clears Committee • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices