The Boludo Placers, Sonora
November 2004 by Edgar B. Heylmun, PhDThe Boludo placers described here include gravels that have been listed under many different names, including Altar, Golden Triangle, Llanos del Oro, San Francisco, and Trincheras, among others. The placers are on desert flats at the northwest end of Sierra Santa Rosa, about 2,600 feet above sea level. It is in a region of northwest-trending mountain ranges separated by broad desert valleys.
With conventional financing still difficult to obtain, it is little wonder that “self-financing” is the number one form of financing used by small business owners, miners and prospectors.
The high prices for gold and silver are exciting and certainly have revolutionized the prospecting and mining scene. New interest in gold and silver mining is springing up from every corner, from individual prospectors armed with gold pans to exploration and mining companies working to set up multimillion dollar commercial operations producing hundreds of thousands of ounces per year. The idea of getting riches from rocks is one that motivates a lot of folks all over the globe. It’s an exciting time, but this excitement brings out another side...
Washington—The use of silver by the photographic industry worldwide is projected to increase 10 percent over the next five years for photographic applications ranging from amateur snapshots to medical X-rays and motion pictures, according to a new report published in the Silver Institute's Silver News.
The first reported occurrence of uranium in the United States was at Central City, Colorado, in 1871. However, prior to 1922, the ore was mined for its radium content, not uranium.
Chris got a nice target signal on the edge of rising bedrock, but still in a low, but washed area. After breaking up the bedrock, he recovered several pieces of gold amounting to almost three pennyweight.
The Bawl Mill • Editorial: Montana's Controversial Rock Creek Mine • First Load of Concentrate Leaves Reopened Ruth Mine • Uranium Industry Enjoys Rebound as Prices Nearly Triple • BLM Warning About Purchase of Mining Claims on the Internet • Determining the Amount of Gold in a Quartz Specimen • Placer PGMs in Coon Creek, California • Getting Your Float Circuit Layout Right • Pick Up Austria's New Coin—If You Can Lift It • New Prospecting Guides Available Online • Police Extend Detention of Newmont Executives • Picks & Pans—Drywashing and Detecting in Southern California • Over The Divide—Merwin (Merv) H. Hemp • The Golden Highway—Placer County • Northwest Miners Rally a Success • Mine Threat Just a Stunt to Criticize Land Laws • MINExpo 2004 Convention Report • Looking Back • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices