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.
We sent them a lot of information, including my presentation about the area and its potential. We were excited to learn a couple weeks later that the company was interested in the property.
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.
The favorable geology of the northeastern and central parts of the Seven Troughs Range are the parts most interesting to prospectors. They are underlain by a thick sequence of Tertiary volcanic rocks, mostly rhyolites and andesites.
Guyanese gold deposits occur in deformed and metamorphosed greenstones made up of alternating mafic to felsic volcanic and sedimentary rocks intruded by granitoid basoliths and stocks.
NovaGold Resources Inc. announced that a gold prospect in southwest Alaska is ready to advance to permitting.
So you think you have an ore deposit? The work has been long and hard, but there are a few drill holes, lots of samples and assays. The data is in a reliable computer and there may be a mine at the end of the tunnel. What is the likelihood of a profitable operation? Can you raise capital for development or exploration?
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