The Basics of Exploration Leases and Contracts—Part II
March 2019 by Chris Ralph
This is the point where you might ask, “What do these types of contracts typically look like and how are they negotiated?” Well, that is the topic of this month’s article.
After your excitement peaks when you first receive the high gold assay from the vein you just exposed, you ponder how you will extract and sell your gold. You will need to develop a flow sheet for your process to optimize your recovery and minimize your costs and permit requirements.
If there is misleading wording anywhere, it will be in the sample data and in reserve/resource estimates.
Centrifugal bowls are very efficient, and with proper operation they can consistently achieve gold recoveries above 95% with gold of about 50 mesh size.
The problem is that extracting gold from hard rock is often a lot more difficult than processing placer gravels. Still, there is some very high-grade ore out there in many old mining areas.
…as an academic argument, when mated to the appropriate engine, is the pump really moving water at the rate of 400 GPM?
The 15 rare earth elements were discovered long after the gold rush began to wane, but demand for them only took off over the past 10 years...
Doug told me that there had been a 100-year flood that took place in October of 2013 and it washed out part of the mile-long landing strip. It also washed a large, wide gully down below and above the camp.
The Bawl Mill • Ask The Experts - Any references on gold formation? • Ask The Experts - Finalizing an agreement with a mining company • Pumping Water With Solar Power • My Introduction To Gold Prospecting • Resurrecting An Old Hard Rock Mine—Safety Is No Accident • Mining Claims: Breaking All The Commandments • The Importance Of Mining Critical Minerals In The USA • Gold Prospecting for Better or Worse: Gold Is Where You Find It • Detecting for Gold: A Return to Familiar Ground • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices