After six years of primarily sideways action, gold broke decisively to the upside by breaking above strong resistance between $1,350 and $1,400 by soaring to near $1,450 before correcting moderately.
The first requirement is permission from a land owner. This can be tricky and it’s always a bit nerve-racking to approach a stranger cold with such a request.
Not long after this, I was camped out with the geologist beside the Similkameen River where he showed me the evidence that an ancient channel existed on our claim.
As I laid in my Jeep and tried to get some rest, I began to realize how tired I was. I felt like a little kid who walked around Disneyland for 12 hours with his parents.
The Oatman/San Francisco Mining District’s historic gold production of 2.2 million ounces of gold since the 1880s makes this area Arizona’s greatest primary gold producing district.
The petition seeks specific changes to existing Forest Service and Bureau of Land Management regulations to restore the intent of Congress and federal preemption.
My hunch was that the gold is coming down the apron, falling off to both sides and into both gulches. I say that because the gold we found previously has the same characteristics and color across the entire area.
Each day for the first part of the week my boys and I picked and chipped away at that wall, stockpiling dirt in 5-gallon buckets and cement mixing tubs.
This past month has been filled with headline-grabbing news events and, for a change, it was not only politics that dominated those news stories, but rather financial markets themselves, with gold and mining shares grabbing a major share of attention.