Large Scale Mining
One of the first things we did while looking at buying the equipment was figuring out how it would dovetail into the milling process we already had in mind.
Many miners know that lead is very commonly associated with silver values, but the truth is that it is also associated with gold values in many locations as well.
There seem to be two possibilities for the future of this disease and either way there will be an effect on the price of gold.
The same day, while two of us were heading to Vancouver to attend the mining convention, two others from our team were headed to Nevada to begin loading the millsite equipment.
US uranium mines produced less than 174,000 pounds in 2019, according to the February Energy Information Administration report. That’s down from 4.9 million pounds in 2014.
The burning question I needed answered was why didn’t the deposit ever get mined of at least one of the valuable minerals? A couple of reasons have come to light.
Many of the Sixteen to One’s challenges arise from its unusual geology and the pocket characteristics of the ore deposits.
Exploration for and prospecting in search of similar deposits should focus on rhyolite bodies located in fluorite-bearing areas.
I had a chance to visit the operation in person and talk with Neal. I was very impressed and I think our readers could learn a lot about building up a commercial placer operation from scratch…
This was no ordinary nugget. It had not traveled very far from its nearby source, and that did mean a lot, as we were searching for the source of several such nuggets found during a gold rush that occurred in 1859.
They tend to be big, coming in large to extremely large sizes. They can also be amazingly rich and produce huge amounts of very high-grade ore.
…the men sought to “inject false and misleading information about the genuine supply and demand for precious metals futures contracts into the markets, and to deceive other participants”…
Just recently, the miners hit another big pocket, this time with nearly 1,000 ounces of gold. Some of the rich specimens were as big as a fist and others were in the form of smaller pieces.