The Smell of Gold -- Part II
July 2015 by W. Dan Hausel
…it was immediately evident the previous owner had not been using a detector. During just a few months of working the dumps part-time, he recovered gold in quartz specimens valued in excess of $40,000.
Now it was time for the nerve-wracking part of the job: actually removing anything from the hanging wall we deemed to be in need of removal because it was either loose, could be loose, looked loose, or we felt it was just downright dangerous
If Epd is larger, then the compressor will be spinning faster than the manufacturer’s maximum specified RPM and might destroy itself. If this happens, then the compressor again might not produce enough air to support a diver. Neither is a desired outcome.
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.
The biggest obstacle is that like many streams on the Kenai Peninsula, high water during the summer months from snow melt and rain can make dredging nearly impossible. The best dredging is in the colder months of the year.
We panned out maybe three gold pans of the material and we were shocked at the gold that was there. This rock appeared to be rich.
Once I have established the presence of gold in the sample, I collect five-gallon bucket quantities of the rock material for processing back at my shop.
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