The Bawl Mill
October 2009 by Staff• Poly-something-or-other...
• Health care reform is laughable
• The gap widens
• Time to raise the roof, again
The gold and copper deposits at Oyu Tolgoi, or “Turquoise Hill,” are among the largest ever found and could give impoverished Mongolia its biggest boost since it abandoned communism 15 years ago—if the Mongolians can figure out how to profit from it.
The periodic exploration efforts for nickel during periods of high prices have been sporadic and incomplete. There is a role for the prospector and geologist in searching laterites potentially rich in nickel and mafic igneous bodies that may be rich in nickel.
The evaluation must also consider the gold fineness or purity. The purity of the Sugardaddy nuggets is estimated at 850 fineness, meaning 85% is gold (Au), 12% is silver (Ag) with 3% being other gangue alloyed metal.
…At present we may be entering a period of relative stability on many economic fronts and, therefore, our focus is now trending more toward social upheaval and the resultant increase in tensions as the prime movers for the precious metals.
For the 15th consecutive year, ICMJ’s Prospecting and Mining Journal was recently honored as “Prospecting Magazine of the Year” by the Best O’ North East Treasure Hunters!
• Oregon's attack on suction gold dredging
• New DOI Director nominated
• More Forest Service restrictions in the works
• California suction gold dredging
…since many miners have wandered these hills over the years, you have to sometimes be a little more creative and unconventional in your methods to hopefully find new deposits.
PLP Files Lawsuit to Lift Ban on Suction Dredging • Legislative and Regulatory Update • Bigger Is Not Always Better • Gold in the Rattlesnake Hills • The Tonopah Gold and Silver District • Possible Discovery Sparks New Klondike Gold Rush • Oregon Miner Challenges Forest Service’s Authority to Regulate Mining • Dredging Alternative: High Banking • The Fence • California State Gold Panning Championships • Mining Stock Quotes and Mineral & Metal Prices
Melman on Gold & Silver