History & Geology
Many of the Sixteen to One’s challenges arise from its unusual geology and the pocket characteristics of the ore deposits.
Palladium may well be an underexplored element and therefore an opportunity for prospectors and geologists. This is because they are often less than obvious and other than the native metals, a chemical analysis of samples is required to identify PGM-enriched rocks.
Gold can potentially be found in all the glaciated areas of the Midwest, but to find it in any appreciable amount one needs to look to areas where the gold gets concentrated by more recent water flows.
Bodie, California, in its heyday, was once rumored to be one of the roughest and most lawless towns in the American West.
Silver Peak is a small mining community in Esmeralda County in west-central Nevada, about 30 miles west of Goldfield. Although it’s fairly remote, it’s been an important mining center since the early days.
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.
New theories have been developed and they may lead to new discoveries and give prospectors some new insight on where to look for diamonds.
My partner had the contacts and it wasn’t long before we had an agreement in place and the company had a geologist on site. I recall a time when he was getting the lay of the land, so to speak, and he broke off a rock sample and inspected it with his magnifier.
In 1967, a local resident showed me a pouch of small gold nuggets and flakes. Several years later I asked the same person where that gold was found. He responded, “From the streambed below the old stamp mill at Apex.”
Most of the commercial mineral deposits are on the south and southwest part of the range between Minersville and Milford, though small amounts of gold and silver have also been found in iron-rich outcrops in the basalt to the south of Milford.
The other opportunity that I see is in seeking unusual types of deposits. Specifically, the prospector would be searching for the stuff no one (or almost no one) is searching for. These deposits are effectively hiding in plain view.
The gravels in contact with the bedrock or false bedrock base are often the richest. The same facts apply to the alluvial paystreaks that are formed on gravel bars; the lowest level of the gold-bearing gravel is normally the richest.
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.