According to some experts, after the peak is reached, the production rate will slowly decline until it reaches near zero while the price shoots upward. At that point, we will have pretty much mined all the economic ore deposits that are present on the planet.
We’ve had two trips to the deserts of Nevada and explored mines and mill sites, hiked miles of ravines in California, and swung our detector coils over thousands of square yards of bedrock.
The combination of these two concerns—the drift toward socialism and the willingness to violate law—appear to me to be capable of raising the level of civil disorder to a point where such disorders could be positive influences on the price of gold and silver.
• Pruitt out at EPA
• NDAA still under negotiation
• AMRA’s California mining bill fails to reach floor vote
Pumps can be set up quite a distance away horizontally from the sluice, even hundreds of feet. It will work so long as there is sufficient water at the source where the pump is located. Vertical distance is more of a problem than horizontal distance; 30 to 40 feet is the maximum vertical climb for most pumps.
Gold is a fairly widespread mineral in the Italian Alps and in the Northern Apennines. It is found both in primary mineralization and in past and recent floods.
There are both hard rock and beach sand types of titanium deposits, but the hard rock deposits need to be at least 10 percent titanium while the beach sands often are economic with only two or three percent titanium.
There is a major change coming in the economy of the world and now is the time for prospectors and miners to grab a ticket and get on board.
There were iron stains all over and even a few places where I could see iron trash sticking out of the bedrock. These would be ideal spots to start with as the gold travels with the iron and lead.