History & Geology
It is not necessary to have a PhD in geology, but you need to know the basics, so that’s what I am going to try to dig into here—the understandable basics of these gigantic gold deposits.
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.
…it was immediately evident the previous owner had not been using a detector. During just a few months of working the dumps part-time, he recovered gold in quartz specimens valued in excess of $40,000.
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.
A treasure-seeking young man whose name will forever remain anonymous made the months-long journey either over land or by sailing ship to California after word spread about the gold strike in 1849.
This mine was a real wonder of engineering, and the water supply and drifts had to be carefully managed to keep it in operation. In fact, it didn’t close due to lack of gold, but instead closed with the fall of the Roman Empire.
In this second part on cobalt, I will take a look at the various types of cobalt deposits and how you can prospect for them. Who knows—perhaps the next big cobalt strike will be yours.
Silver nuggets have been described as “ultra-rare,” “prized” and “unique.” Naturally occurring silver nuggets are rare enough to suggest caution when purchasing. Fakes have reportedly been produced and misrepresented for sale as genuine specimens.
The gold is all for sale. Just one tiny coin alone could go for $1 million because of its combination of rarity and the history behind it...
Has your experience ever led you to wonder why some gold is deposited on bedrock and in crevices, while other gold is not? We’re going take a deeper look at this and see what we can figure it out.
While some future cobalt will come from recycling lithium batteries and other products, the coming huge need for cobalt is virtually a perfect storm of heavy demand and insufficient supply.
There are a number of Tertiary river channels in the area, most of which trend south-southwest. They tend to be steep, narrow, and rich with coarse gold.
I recently had the opportunity to spend a day exploring around Butte, Montana and was amazed by the amount of mining that has taken place there. The old-timers called Butte “the richest hill on earth” and had pretty good reasons for doing so.
These were the men who periodically picked up the gold amalgam from the tables and sluices in the dredge, processed it, and transported the gold ingots to the railroad express office in Alder. Their trustworthiness must have commanded a prominent wage.