SS Central America Gives Up Millions in Gold Rush Era Gold
July 2018 by Ralph Wetterhahn
A treasure-seeking young man whose name will forever remain anonymous made the months-long journey either over land or by sailing ship to California after word spread about the gold strike in 1849.
The 2011 gold season had finally got underway on the Middle Fork of the Feather River near Quincy, California. Cold weather and high water had pushed gold mining into mid-summer, but things were looking up.
The placer deposits of Utah occur in two distinct types of environments. These are 1) placers found adjacent to, and derived from, gold, silver and base-metal deposits; and 2) placers found in major rivers and derived from unknown, distant sources.
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.
Q: Will my detector react to fine gold?
…it was immediately evident the previous owner had not been using a detector. During just a few months of working the dumps part-time, he recovered gold in quartz specimens valued in excess of $40,000.
The gold was very chunky and much of it had quartz attached. Even back then I knew that the gold was very close to its source.
Let’s take a look at these important property aspects individually, because they all affect the value of a property and how much mining companies might or might not be interested acquiring it.
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