The Tonopah Gold and Silver District
October 2009 by Chris RalphThe discovery of the Tonopah District by Jim Butler in May, 1900, was by far the most important event of its time, just as the discovery of the Comstock was the most important event in the Nevada’s earlier history.
Move over gold and make way for platinum and palladium. Investors are taking a shine to these lesser-known precious metals as their prices rise.
The larger nuggets were all old channel gold, smooth and water-worn. I guessed that a few of them would push a bit under one-half-ounce apiece.
Each separate Mining District is a federally recognized entity. There are huge advantages—picture yourself going to an oversight meeting where 2, 3, 4, or even more Mining District representatives have obtained voting positions on the board.
Seldom in the 22 years we have been writing in this space have we ever seen a parade of such important events pass along the world’s newswires and print media.
Basic Geology for the Independent Miner—Part II Recognizing and Understanding Rock Formations (Petrology)
Rocks are an aggregate formed from the accumulation of minerals. Minerals form under various conditions, and when the minerals come together in mass, they form rocks.
For obvious reasons southern California is not known historically for its gold mines. Gold production was concentrated heavily in the Sierra Nevada foothills in the northern part of the state. However, the high mountainous region of eastern San Diego County was the site of a number of productive hardrock gold mines, notably in the late 19th century.
As we have repeated quite often, rising inflation—or, more particularly, the expectation of rising inflation—has historically been perhaps the most important ingredient of all in past precious metals bull markets.
The Bawl Mill • PLP Files Lawsuit to Lift Ban on Suction Dredging • Legislative and Regulatory Update • Bigger Is Not Always Better • Gold in the Rattlesnake Hills • Possible Discovery Sparks New Klondike Gold Rush • Oregon Miner Challenges Forest Service’s Authority to Regulate Mining • Dredging Alternative: High Banking • The Fence • California State Gold Panning Championships • Mining Stock Quotes and Mineral & Metal Prices
Melman on Gold & Silver