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.
These are just some of the ways I have been able to find new spots to metal detect for gold.
If the material drops down out of the hopper too fast, it can overwhelm the riffles and you can blow the gold right out. If it runs too slowly, the riffles can clog up and the process is too slow.
A while back I was given a very special opportunity to take my metal detector to one of the most famous gold mines in all of California, the Original Sixteen to One mine in Alleghany.
So why would a modern-day prospector want to learn about a method of mining that was banned by the courts more than a century ago?
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.
The lesson of keeping one’s eyes open to other possibilities is one of the great secrets of successful prospecting. Prospectors need to always be on the lookout for opportunities.
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…
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