The Pay Streak: Redefined With Metal Detectors
August 2008 by Jim StraightThe time-honored objective in recovering gold from placers has always been to discover and recover gold from the detritus of both known and unknown lodes. The traditional method to recover gold from desert dry placers was to locate and work the enriched gravels known as the “pay streak.” This pay streak was usually found directly over false or true bedrock and within the upper few inches of the bedrock itself.
…the men sought to “inject false and misleading information about the genuine supply and demand for precious metals futures contracts into the markets, and to deceive other participants”…
… the latest analysis shows the amount of rare earth elements present ... is the second largest deposit in the United States.
First put on the map by two British geologists in the 1930s, the Skaergaard igneous intrusion on East Greenland’s rugged mountainous coast is arguably one of the most studied and researched rock bodies in the world.
It was down deeper than I expected for surface trash. It wasn't until I was down six inches that the target screamed from my scoop.
I hope this case inspires some of you. It shows that miners can and do succeed when they are persistent and well-prepared, even when representing themselves against state and federal attorneys in a court of law.
The Bawl Mill • Ask The Experts—What questions should I ask before investing in a gold mine? • Ask The Experts—Should I choose gold, silver or mining stocks? • From the Editor • Eight Reasons To Release Oil From The Strategic Petroleum Reserve • No Leprechaun Needed • Building A Mine—Dust Devil Sunstones • Remote Throttle Benefits Dredgers • Pickering Bar Revisited • John Fremont and the Gold Mines of Las Mariposas • No Gas Needed • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices