The Ely Copper-Gold District of Nevada
January 2015 by Chris RalphThe main ore deposits of the Ely district are associated with an east-west belt of altered and mineralized rocks measuring about one mile wide that extends 8 miles westward from Ely.
Silver Peak is a small mining community in Esmeralda County in west-central Nevada, about 30 miles west of Goldfield. Although it’s fairly remote, it’s been an important mining center since the early days.
Over the last several months, starting from before I left for Australia, I’ve been working on getting all the 2011 paperwork done for my mining claims. I will admit that some parts of the paperwork I let go until only a week or two before the due date.
The company that wants to build and operate the mine, Rare Element Resources Ltd., promises high-wage jobs and economic vitality to an area where 40 percent of the population is age 50 or older.
After a host of companies spent 20 years prospecting, a mining firm is ready to make a play on the $2 billion lode of gold sitting in Eastern Oregon.
One of the reasons I am bringing this article forward to readers now is that the mine personnel are celebrating the production of 150 million ounces of silver since 1986.
The favorable geology of the northeastern and central parts of the Seven Troughs Range are the parts most interesting to prospectors. They are underlain by a thick sequence of Tertiary volcanic rocks, mostly rhyolites and andesites.
Copper is a critically important metal that we need to run our modern electronic society, and the long term outlook for this metal is for a steady increase in price.
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