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?
Old mine workings and tailing piles can represent opportunities on many levels, from the chance to simply find a nugget on up to the commercial reworking of the old tailings for profit.
When we last heard from Ernie, he was still in Honduras and we were anxiously waiting to hear how the set up and training went at the mine. It got a bit complicated after that.
The first and most important thing of the sampling process is to try to be as unbiased as possible. There is a natural tendency to select rock that looks the best—even unconsciously.
Once I started dredging with heated water pumped into my wetsuit, I never went back to not having heat except late in the summer when the water is very warm.
We needed something to cook on, so we brought most of our kitchen with us including our full-size oven, which was pretty funny to see in the middle of a rainforest. Food was always a concern, but fortunately for us...
All these decisions and more depend on the richness of a claim—something that is determined by sampling. But sampling isn’t cheap, and even collecting the samples can be more difficult than it appears on the surface.
Since last year’s articles on explosives for mining, several people have asked for more information about becoming a licensed blaster.
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