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.
Without knowing or even thinking about it, I had put together a map that showed me a pattern of the ancient Sacramento River channel. I also had a distinct picture of where the ancient channels of several other creeks and rivers were running.
After removing about six inches of dirt and cobbles, the sound was a bit more recognizable. I was now confident that there was a definite target and not just a ground noise.
Joy was written on his face, holding up the nugget—his first ever nugget—that he and his grandpa dug up together.
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.
Plumas has been historically rich in gold because of its favorable geology. The Melones Fault trends north-south through the county and many rich gold-bearing districts lie along its course.
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