Small Mining Operations
We’ve been busy with a plethora of projects, all aimed at gathering gold into a pile big enough to brag about. We’re not there yet, but I’ll show you some of the interesting projects we’ve completed since we talked last.
This year was a test. We had never done anything like this before, yet we grossed $30,000 in the short time we had to mine.
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.
Now it was time for the nerve-wracking part of the job: actually removing anything from the hanging wall we deemed to be in need of removal because it was either loose, could be loose, looked loose, or we felt it was just downright dangerous
Critical minerals are products that the government has designated as critical to our national interest because of both their potential military and industrial applications.
Let’s take a look at these important property aspects individually, because they all affect the value of a property and how much mining companies might or might not be interested acquiring it.
Our group of independent miners have been busy crafting a uniquely designed ladder/ore cart track from the bottom of an 85-foot mine shaft in a historical hard rock mine.
There were nice sections of vein material at the end of several drifts, like they just stopped work one day and walked away.
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 currently three controlling agencies or entities over suction dredging in California—and you can make that four if the state legislature decides to further muddy the waters with additional legislation to block suction gold dredging in the state.
The Wyoming Geological Survey released an online interactive map...
…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.
There is a major change coming in the economy of the world and now is the time for prospectors and miners to grab a ticket and get on board.