The Downieville Gold District
January 2011 by Chris RalphMany locals are just waiting for California to allow dredging once more, especially with the current gold prices. There are still plenty of good opportunities for prospectors in this area, just as it has been for so many years.
This is the intelligent way to start modern prospecting. The value of literary research yields challenging outings, specimens, history and geologic research.
For approximately 30 years, the mines produced good ore, some so rich it was simply sent straight to bagging, bypassing milling and loaded directly on the rail cars.
Q: Is there a correlation between fault zones and mineralization of economic metals?
Palladium may well be an underexplored element and therefore an opportunity for prospectors and geologists. This is because they are often less than obvious and other than the native metals, a chemical analysis of samples is required to identify PGM-enriched rocks.
In some ways, silver is the forgotten precious metal because it straddles both the world of precious metals and jewelry, while having many important industrial applications like a base metal. The price of silver reflects both the precious metal investment demand as well as the industrial demand.
It would seem that we are often indeed destined to repeat history. In terms of gold discovery, even with all the advancements that have been made over the years, it seems we are once again on the cusp of returning to the 1800s world of gold mining. Even as you read this, a new gold rush is taking place in a sleepy little town in South Carolina.
I (enjoy) Twain’s description of a gold mine, “A hole in the ground with a liar at the top.” Some humor here? You bet, but I’m sure he meant it to be a real eye opener as well.
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