The Goodnews Bay Platinum Fields
December 2006 by Ron Wendt“But first and foremost you have to have the geology. With respect to the geology, the Goodnews Bay placers, which actually were won from the Salmon River drainage and its tributaries, produced on the order of 650,000 ounces,” Foley says.
Alluvial fans are essentially dry land “deltas” which can be found in all climates. However, they are best developed in arid and semi-arid regions, where they may be many square miles in area. They are built up by outpourings of silt, sand, and gravel caused by seasonal run-off, as well as by boulders and cobbles carried by flash floods.
• Gold in West Virginia?
In twin blows to environmentalists, a Senate panel decided June 22nd to cut a high-profile proposal by President Clinton for buying park land and to limit an effort to restrict waste dumping at some hard-rock mines.
Manderfield’s ruling opens the way for Kennecott Eagle to begin blasting. The company has declined to say when it will start. A spokeswoman said drilling would begin “in the coming weeks".
When I teach people about finding gold, I often explain that it is helpful to think of any river or stream that carries gold as being something like a sluice box.
The Bawl Mill • Legislative and Regulatory Update • Researching and Staking Mining Claims • Special Rock • The Business of Mining: Cars, Trucks and Tax Deductions • The Kern River Gold Rush • Finding Gold in Mokelumne River Canyon • Important Court Cases • Smugglers Causing Problems in South Africa • Market Spotlight: Platinum in Demand • Melman on Gold & Silver • Mining Stock Quotes & Mineral and Metal Prices • Looking Back