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.
There are not a lot of tools needed to get out and take advantage of the situation. Other than my wetsuit, I typically travel light with a gold pan, maybe a pry bar and a few crevice cleaning tools.
Because these crevices catch and hold gold so well, it's worthwhile to learn how they form, which ones are good for catching gold and which ones are not.
The father-son duo spent years combing this bit of Pennsylvania wilderness with high-end metal detectors, drills and other tools to prospect for a fabled cache of Civil War gold.
I was able to remove the gravels with the assistance of a crowbar and I scooped them up with a garden trowel. This gravel contained over a pennyweight of gold and there were several 2-grain and 3-grain pieces…
Crowds may be great for football games or the Fourth of July, but not for prospecting. So, this summer, while thousands of gold seekers were heading to the coast of Alaska, I headed to a remote part of the Interior.
Gold is a fairly widespread mineral in the Italian Alps and in the Northern Apennines. It is found both in primary mineralization and in past and recent floods.
Today, the greatest gold rushes occur due to technological advances capable of discovering gold where it once was extremely unlikely or difficult.
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