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The Seventymile and American Creek Goldfields
June 2007 by Ron Wendt
Author’s note: If you ever contemplate prospecting on the Seventymile River, beginning at the mouth, make sure your will is up to date, and you’ve said goodbye to loved ones. If the mosquitoes don’t get you on the way up, you’ll surely drown in the river or wear yourself out thrashing through the brush.Melman on Gold & Silver
Never have I regretted the deadlines we must work with at this publication as I do this month, for events of tremendous significance are likely to occur between the time this column must be prepared and the time our readers will receive it.
Secrets of Successful Prospecting
Winter is the time for research, and if you haven’t already done some research to find new places to prospect, now is the time to cram in some last minute research before the good weather arrives.
Legislative and Regulatory Update
• AB 1032 update
• Heritage Areas
• On to the next one…
• Are you angry enough to get involved?
Melman on Gold & Silver
... if the “renewed prosperity” concept fails to materialize and additional crises are on their way—each one to be met with currency expansions and worsening conditions—then we would speculate that gold and silver will move higher.
More on Meteorites
...how many of us have knowingly found or bought a meteorite—a small to large mass of stone or metal; a meteor that has survived not only a space voyage of millions of years, but also the impact of striking the earth?
Big Rock Gold
Fran, and I had made a practice of turning big boulders in gold producing areas to find some great rewards. Sometimes it was slow and frustrating, but in the end “We got the gold!”
Exploration, Development and Taxes
Further demonstrating the importance of seeking professional assistance and advice are the tax rules governing the expenses of a mining company. The tax treatment of mine exploration and mine development costs is confusing, complex and often overlooked or ignored—except by the ever-vigilant Internal Revenue Service.
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The Bawl Mill
• Ask the Experts—What is barite used for?
• Ask the Experts—Are you able to advise me on the status of HR3824?
• Our Readers Say
• Sulfides, Selenides and Tellurides
• Silver’s Shine is Back
• Rahall Looks to Rewrite 1872 Mining Law
• San Francisco Mint and US Gold Reserves
• Forest Service Attempts to Close Public Access
• Revisiting Commerce Resources—A Tantalum and Niobium Mining Project
• Mining Stock Quotes and Mineral & Metal Prices
• Melman on Gold & Silver







