History & Geology
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.
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.
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.
…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.
With successively lower temperatures as the water mixture cools, new sets of minerals are formed and many of those stable at a higher degree of heat became subject to alteration as the temperature progressively moved lower.
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.
Common thought is the switchback slows the velocity of the rushing water and gold drops out from the cut bank to a fill gravel bar within or below the switchback. I am not going to disregard that model; however, I hope to improve upon it.
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.
...these nuggets have not traveled far from the lode because the golden wire lattices would have been torn apart or flattened during weathering of rock and deposition by violent stream action.
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...
Not all of these slides and debris flows will produce results, but if you search for these while prospecting in your gold producing areas, then you can increase your odds of finding new gold.
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.
While the bullion value of the nugget is already substantial, the size and rarity of the Ausrox Nugget combine to make its worth invaluable in the collector market.
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.