The Business of Mining—Home Office Tax Deduction
November 2009 by Mark E. BattersbyIt is not just a few small-scale prospectors who use a home office. An increasing number of miners, prospectors, and mining-related business owners are operating at least a portion of their business from a home office.
I regularly get inquiries along the line of: “Hey, I found this rock, and I think it might be gold ore. How can I tell?” Prospectors are always on the lookout for gold-bearing rocks that may be the source of any nearby placer gold.
My father recalled fondly his early years of flying his Super Cub into the Preacher Creek watershed in search of game and gold, landing on wind blown ridges traversed by the giant Porcupine caribou herd that frequented the area.
This is a story of a bit of our earth, carved by lines of longitude and latitude. There is a deep mystery in this land. The naked mountains speak of long ages of thrusting and rifting—of uplift and erosion. These riddles in the rock defy explanation.
Q: I would like to know where I can find information on the Abby mine located at Hildreth, CA.
Several areas came to mind, but each was eliminated for one reason or another. One that seemed to be hanging on was the old historic mining town called Placerville.
I didn’t think too much of our dredge hole and we were both considering a move when we hit bedrock. There was a good quantity of flakes and fines, but no nuggets.
Watching a computer screen, Pat Drummond monitors a complex system of pipelines and vats that produce 55-gallon drums of uranium, weighing 600 to 1,000 pounds each, ready to be shipped to nuclear power plants across the globe.
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