The Wisdom of Mark Twain—And Tales of Cheating the Unwary Prospector
June 2012 by R. V. LarsonI (enjoy) Twain’s description of a gold mine, “A hole in the ground with a liar at the top.” Some humor here? You bet, but I’m sure he meant it to be a real eye opener as well.
The Gold Rush in California called hundreds of thousands of souls to leave their homes to journey to the the far reaches of the West. At first the rich goldfields of the Sierra Nevada beckoned to these adventurous pioneers.
The gold is all for sale. Just one tiny coin alone could go for $1 million because of its combination of rarity and the history behind it...
Gold has always been noted to have an affinity for quartz to such a degree prospectors almost always dig on quartz veins in a search for the precious metal.
The other opportunity that I see is in seeking unusual types of deposits. Specifically, the prospector would be searching for the stuff no one (or almost no one) is searching for. These deposits are effectively hiding in plain view.
If developed with metal detecting in mind, this virgin ground could be a bonanza for nugget hunting.
While some future cobalt will come from recycling lithium batteries and other products, the coming huge need for cobalt is virtually a perfect storm of heavy demand and insufficient supply.
The Bawl Mill • Our Readers Say • Iowa Hill District • Gold Deposition and Gradients of Placer Streams—Part I • Pursuing Rare Earths in Wyoming • The Mole • Prospecting for Copper Ores—Part I • Repair / Replace Tax Rule Changes • Colorado Mining Association Appeals Roadless Ruling • Ganes Creek Hits 10 Years—Part II • Fifteen and Counting • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices