Who is a Qualified Person?
January 2012 by Thom Seal, PhD, PESo 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?
What do you do when you’ve located a promising deposit of gold or gemstones, but it’s trapped in solid rock?
Unfortunately, not all the gold that we prospectors find is pretty, or appealing to the eyes. They are not all nice, bright, shiny nuggets with lots of character that carry high collector value.
This stringer was where it was not supposed to be, and it contained nuggets that were not supposed to be there.
The holes were overloaded with explosives, but I didn’t know it. I was just a green mining engineer fresh out of school and told to watch as the experienced miners set the charge.
Fortunately, there are products on the market that can address these problems and make a small-scale mining operation feasible.
The problem is that extracting gold from hard rock is often a lot more difficult than processing placer gravels. Still, there is some very high-grade ore out there in many old mining areas.
The Wyoming Geological Survey released an online interactive map...
The Bawl Mill • Southwest Alaska Gold Project Progresses • Good Assays and Bad • Where to Find Gold in Indiana—Part II • Time Well Spent • 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