Small Mining Operations
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.
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”…
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.
A two-pronged approach is necessary to restore suction dredging; federal preemption needs to be established as addressed above via petition; and clarification from the EPA is needed to establish that no Section 402 permit is necessary when there is no “addition” of a pollutant.
“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.
Not long after this, I was camped out with the geologist beside the Similkameen River where he showed me the evidence that an ancient channel existed on our claim.
Through a program that began in 2011, Barrick Gold Corp.-owned Golden Sunlight has paid out more than $45 million to small miners in the last seven years...