Large Scale Mining

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.

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…

One of his friends had 700 feet of small-gauge mine track and a hundred-year-old track bender laying out in his back 40; plus he also wanted to join the team. Perfect.

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.

Silver recovery from low-level solutions is frequently done in a cell that has a cathode with 2 to 5 or more times the surface area as the anode.

…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.

Recently, a left-leaning Arizona federal judge, James Soto, who is an Obama appointee, shut down a proposed copper mining project for the flimsiest of reasons. He basically disregarded and rewrote federal mining law.

Silver refining has been used from ancient times to change the characteristics of the metal. Early metallurgists refined silver by heating it a couple hundred degrees above its melting point and holding the metal at an elevated temperature for a period of time.

“The evidence is clear—mineral deposits alone are not enough to attract precious commodity investment dollars...”

Please note that new mining claims filed on or after September 1, 2019, will be subject to the new fee schedule.

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.

Knowing how and when to deduct the cost and expenses of the vehicles used in the prospecting or mining operation can have significant tax implications.

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.

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.

This is the point where you might ask, “What do these types of contracts typically look like and how are they negotiated?” Well, that is the topic of this month’s article.

Critical minerals are products that the government has designated as critical to our national interest because of both their potential military and industrial applications.