Part of the good thing about this spot is that it is not that far from my home in the famous Virginia City mining district. Not everyone knows this, but the first discoveries around that area were gold placers.
As we have repeated quite often, rising inflation—or, more particularly, the expectation of rising inflation—has historically been perhaps the most important ingredient of all in past precious metals bull markets.
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The new plan approved by the FS says water for drilling at Dog Bone Ridge will now come from Beaver Creek rather than Coral Creek. The agency also said Excellon has added several monitoring sites associated with Dog Bone Ridge.
To add to the confusion, the dam wasn’t holding back a large amount of water. It was full of gravels and had a small creek running through it. I had to know more.
Some of these events can cause half of an entire mountain to plummet down into a gorge or canyon, damming up a stream system and causing a flood when the earthen dam finally breaks from the water backing up behind it.
…in spite of the fact that the well-pounded spots probably don’t have much gold left, I see all too many prospectors hike down to a creek or other spot at the first place the road comes near it just because it’s the easiest access point.
…since many miners have wandered these hills over the years, you have to sometimes be a little more creative and unconventional in your methods to hopefully find new deposits.
PLP is also concluding its funding and review of a scientific study which names the suction dredge as the preeminent tool for reclaiming American waterways to counter atmospheric mercury impacts coming from China.
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