Time Well Spent
January 2012 by Michael GreyshockTime is a commodity which if traded would dwarf the price of gold. Nobody has enough of it; we can’t make more of it; and whether squandered or spent wisely, once gone, it’s gone forever. To find gold we have to spend time.
Let’s take a look at these important property aspects individually, because they all affect the value of a property and how much mining companies might or might not be interested acquiring it.
Across and downstream of our operation was a large pile of huge boulders. It was logical to think that water forces may have deposited gold in and around these boulders. We moved our dredge over and started pulling the rock pile apart.
...this county contained some of the richest placer ground found in all of California and still produces some pretty impressive finds to this day.
Feeling through the mud, I felt the weight and shape of what could only be gold. Throwing my hand in the water revealed a sixteen-gram nugget oozing with character.
The gold in this area can get quite large. Most of the pieces are about half a pennyweight on average.
This year was a test. We had never done anything like this before, yet we grossed $30,000 in the short time we had to mine.
As a gold prospector for the past ten years, I thought that I had a fair understanding of the steps necessary to find gemstones.
The Bawl Mill • Southwest Alaska Gold Project Progresses • Good Assays and Bad • Where to Find Gold in Indiana—Part II • Who is a Qualified Person? • Reality of the Klondike • NWMA Show • River Dredging vs. Creek Dredging—Part II • Pot Hole Gold • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices