The Basics of Exploration Leases and Contracts—Part I
February 2019 by Chris Ralph
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.
I am learning more about gold deposition in this area than I knew previously. I am passing this information on with the hope that many of you will be able to locate patches and lines a little easier in the future because of this article.
Maybe we could find a few pieces of ore from that tunnel? It was worth a try. The old timers didn’t have that stamp mill for looks, so we set off to get some samples.
Over the years that I have been detecting for gold I have had many of the same questions come up. I decided to write this article to hopefully answer some questions that a person wishing to detect for gold may have.
Last month, in “Following Clues to a Hidden Gold Deposit,” I ended the article with the direction that we were on the hunt! We were getting prepared and ready to roll with our detectors, then snow came, and lots of it. We had already found the seam diggings mine on the mountainside in wild, rough brush and trees. It had been well hidden.
There were nice sections of vein material at the end of several drifts, like they just stopped work one day and walked away.
Now that you are actually going to be out there doing some prospecting, I may be able to help.
Just three weeks ago one of our prospecting team members decided to go back to this location on his own. He had a new detector and wanted to try it out some.
The Bawl Mill • Ask The Experts - Do I need something other than a fire assay for PGMs? • Ask The Experts - This low-grade ore is not worth processing • Placer Gold Deposits of New Mexico • The Hunch • Resurrecting An Old Hard Rock Mine—A Series of Small Victories • Gold Prospecting for Better or Worse: A Long Hike • Mutiny on The Mason • Who Jumped Whose Claim First? • The Value of Evidence • Over The Divide: Charles "Chuck" Cushman • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices