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 Royal Canadian Mint will soon unveil a gold coin worth one million Canadian dollars ($850,000 US).
Exposed veins and outcroppings can be a great source for gathering good gold ore for processing. Veins and outcroppings do require a lot of work to free the ore from its earthen grip, but this labor can be very rewarding.
The periodic exploration efforts for nickel during periods of high prices have been sporadic and incomplete. There is a role for the prospector and geologist in searching laterites potentially rich in nickel and mafic igneous bodies that may be rich in nickel.
The Treasure Hawk mine was operated by "Crazy Eddie" Bounsall from 1972 until 1988. He died in 1994, and I purchased the Treasure Hawk claims from his wife Betty in 1996.
Unquestionably, the first impression received from touring the exhibition areas at “MINExpo International 2004,” sponsored by the National Mining Association and held at the Las Vegas Convention Center from September 27-30, is one of sheer size. While other gatherings are delighted to host a couple of hundred exhibitors and attract three or four thousand attendees...
Excerpts from CMJ published 50 years ago this month.
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