The Golden Highway—Calaveras County
January 2004 by Frank Lorey IIIHeading north along Highway 49 into the central Mother Lode, the first old mining town in Calaveras County was Melones, located along the banks of the Stanislaus River. The town was named for the unique coarse gold flakes found in the gravels that resembled melon seeds, hence the name that came from the Mexican miners.
In 1965, I visited New Zealand and saw a South Island goldfield. I knew very little about gold at that time and stopped only long enough to peruse a few relics and old photos on the pub wall.
Many of the Sixteen to One’s challenges arise from its unusual geology and the pocket characteristics of the ore deposits.
Maguire and the traders and companies they represent were all aware of the price manipulation and were all profiting from it, but it became such a regular occurrence that his conscience told him it was time to put a stop to it. That’s when he contacted the CFTC.
The process we will be using is called “blockholing,” and it is commonly used at mines and in construction projects to break up oversize material into sizes that can be easily handled.
Nearly a century after the luxury liner RMS Republic sank off Nantucket, treasure hunters are still battling over the ship’s cargo, which some believe includes gold coins now worth more than $1 billion.
The Bawl Mill • From the Editor • Our Readers Say • Forest Occupancy Decision Stands—US Forest Service Withdraws Appeal • World Gold Council Launches New Gold Bullion Securities • Epithermal Gold-Quartz Veins • Gold in Arkansas • Picks & Pans: Winter Prospecting and "Forty Mile" Miller • Company Eyes Reopening Mine Near Troy • ICMJ's 13th Annual Photo Contest • Company Notes • A Guide to Overlooked Gold Deposits—Part V (Conclusion) • Mining Stock Quotes and Mineral & Metal Prices • Melman on Gold & Silver