Why Haven't They Mined This Claim?
May 2011 by Jim HalloranImprovements in mining equipment and techniques, along with a higher gold price, make many mining properties profitable today that may not have been in the past.
They tend to be big, coming in large to extremely large sizes. They can also be amazingly rich and produce huge amounts of very high-grade ore.
Through a program that began in 2011, Barrick Gold Corp.-owned Golden Sunlight has paid out more than $45 million to small miners in the last seven years...
Over the years, I've noticed a pattern in the type of rocks associated with the best gold deposits in Midwestern glacial gravel.
When my “anonymous” friend told me the rock tub was probably a hundred miles from where he safely stashed it, I decided to build another sled and improve on my old design.
The next hurdle to jump was whether the trommel motor would start again after sitting on the desert for six years without being started. The last time it had taken a three foot pipe wrench to bust it loose.
The high prices for gold and silver are exciting and certainly have revolutionized the prospecting and mining scene. New interest in gold and silver mining is springing up from every corner, from individual prospectors armed with gold pans to exploration and mining companies working to set up multimillion dollar commercial operations producing hundreds of thousands of ounces per year. The idea of getting riches from rocks is one that motivates a lot of folks all over the globe. It’s an exciting time, but this excitement brings out another side...
The Bawl Mill • Ask The Experts—Where can I find information on the Abby mine? • Ask The Experts—Is it possible for a mountain range to have good lode gold deposits and yet the area streams not carrying like deposits of gold? • Ask The Experts—How do you amend a placer claim? • Ask The Experts—What happened to the BLM web site geocommunicator.gov? • The Ups and Downs of Geologic Faults • Fountain of Youth Gold • Legislative and Regulatory Update • Suction Dredging Update for California & Idaho • The Disappearance of State Mining Departments • The Golden Streams of Butte County, California • Melman on Gold & Silver • Mining Stock Quotes & Mineral and Metal Prices