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?
So let’s dive in and see what I can do to convince you that this is the year you should be out staking your own claims.
Most prospectors understand placer mining a lot better than hard rock mining and don’t realize the amount of work that goes into processing different types of hard rock ore.
Our testing over the past 15 years was to confirm or deny the USGS report completed in 1978. Besides the half acre test dig, we completed many additional test digs by hand and with the backhoe.
It all started with a phone call from my friend and prospecting partner Pat Keene. He told me that he knew of an investor who was just starting out in the gold industry and was looking for a gold consultant to go to Africa to prospect and analyze a 400 sq. mile concession in the middle of the Congo rainforest. I waited for the “just kidding” line...
“The evidence is clear—mineral deposits alone are not enough to attract precious commodity investment dollars...”
Silver recovery from low-level solutions is frequently done in a cell that has a cathode with 2 to 5 or more times the surface area as the anode.
The zone of influence of each sample must be carefully considered when deciding how far sample sites should be spaced from each other.
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