The Oregon Claim
December 2010 by Chuck LassiterWhen I started dredging a short distance downstream from that feature I realized that I was into a major paystreak and much of the gold was coming right out of the upper gravel. I could see the chunky pieces falling out of the gravel as they were pulled into...
With the exception of well-established operators with proven reserves and years of field experience, the high price of gold brought a flood of speculators, con men, and real estate brokers into the mix who were not previously engaged in the gold mining market.
Even with the decades of mining and exploration, much of the Comstock is still underdeveloped and its potential not fully tapped.
Even if you are not ready to cash in right now, it might be good to evaluate your options and make a plan of action so when that day comes you know exactly what to do.
After paying for the mine fleet, mill capital, supplies, fuel, power and labor, at today’s metal prices, does this mine make a profit?
...your sampling procedures should not be designed to catch gold your mining technique will never recover.
I’d start the day by crawling out of my dome tent, cooking up some Spam and eggs, and heating water for instant coffee on the Coleman stove.
With eight loads processed, a pumpkin-size rock fell into the hopper, stopping the whole operation until I could lift it out.
The Bawl Mill • Ask The Experts—Iridium • Ask The Experts—Highbanker legal in CA?; Best place to sell raw gold? • Ask The Experts—Using classifiers • So, Where's The Gold?—Finding Gold Detectors Miss • Forest Service v. Michael & Linda Backlund • Highbanking on the Feather River • CFTC Finds Evidence of Silver Market Manipulation • Gold in Arizona • Detecting for Gold in Australia—The Kimberley Trip • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices