The Wild Rush To Find More Cobalt—Part II
March 2018 by Chris Ralph
In this second part on cobalt, I will take a look at the various types of cobalt deposits and how you can prospect for them. Who knows—perhaps the next big cobalt strike will be yours.
Even with the decades of mining and exploration, much of the Comstock is still underdeveloped and its potential not fully tapped.
According to some experts, after the peak is reached, the production rate will slowly decline until it reaches near zero while the price shoots upward. At that point, we will have pretty much mined all the economic ore deposits that are present on the planet.
During our visit during late May, 2011, the vertical nature of the mineralized areas was clearly visible, as were numerous examples of quartz-carbonate veins in shear zones, faults and folds.
Exploration for and prospecting in search of similar deposits should focus on rhyolite bodies located in fluorite-bearing areas.
A Wilfley table works best when all of the mineral being run across it (the pulp) is about the same size. For this reason, I took a good look at each of the samples.
The main ore deposits of the Ely district are associated with an east-west belt of altered and mineralized rocks measuring about one mile wide that extends 8 miles westward from Ely.
Today, a Canadian company is reviving the mine to take advantage of silver prices that have tripled since 2009, giving the few dozen residents still living in the area more action than they’ve seen in decades.
The Bawl Mill • Trash! A Hindrance Or Hot Spot For Hidden Gold? • Rare Silver Nuggets And Their Origins • Legislative and Regulatory Update • Re-Opening Nevada’s Relief Canyon Mine • PLP and MMAC Update • New Rules For Taxing Pass-Through Income • Sulfides and Intergrain Gold Wire Nuggets • Man Who Died In Yellowstone In 2017 Was Looking For Hidden Treasure • $50 Million in Gold From 1857 Shipwreck Approved for Sale • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices