WERE GOLD IS FOUND
Ashanti- of west Africa - enough gold finery to make crown jewels look meager- gold of Ashanti of exquisite workmanship- ghana's second largesst city - to celebrate power and glory of Asantehene or king- Ghana once known as the Gold Coast
more apparent each day cream skimmed frm California 's stream placers - gold found in banks around Nevada City, less than in Deer Creek - concentrating in their bottoms the heavy flakes- a ton of gold had dbearly a few flakes - toughs and ditches
prospector's dream called orbiting ingot - 10 000 tonnes of gold 100 000 tonnes of platimum - asteroid 1986 DA- near earth object -1.9 km wide, shaped roughly like a canned ham - 10 billin tonnes of iron- 32 millin km away, such metallic abundance
Que - Chibugamau, Rouy, Noranda, Malartic, Val D Or --Ont Porcupine Timmins Kirkland Lakes Larder Lake, Longlac 90 lode mines Atlin good for placer.
Eskay Creek near Stewart B C on Alaska Border
. veteran tracer of El Dorados predicts pay dirt. 50 years ago in Guatemala . according to Murdo Macleods history of Olancho - Guayape river. - priests received 400 kilograms of gold to sculpt a Madonna - one of the 1st towns settled by Europe. Tr begain to manuf all sorts of household articles from gold. Mr christy needs financial backers.- time of Hernando Cortez. bernal Diaz marched into Honduras in 1525
. Sao Paulo, Brazil gold mines top gold producer in the world . 6th largest producer .. has the most extensive favorable geology for gold of any country in the world. said Peter Rich a Rio De Janeiro based gold consultant . 2 top mines are 1)Morro Velho 2) Jacobina ..Crixas project in the central state of Goias one of the biggest. -garimpeiros or prospectors - production for year 1.5 billion. they use a pump, landing quantities of material from the river bottom -The most famous is the Serra Pelada pit in the state of Para. but mudslides. and generate tensions. gold diggers versus Indians and clases between prospectors and mining companies - growing lawlessness (murder)
. It takes blood , sweat to get gold.. deep below the cornfields of Orange free State . $19 billion a year gold industry. miner only get $700 a month.
. Istanbul. said to have enough gold to help with its national debt. in gold boutiques. 500 tons of gold as a hedge against bad times worth 8 billion . gold only useful if you can turn it into foreign currency. - 3500 tons in Turkey - If currency and gold flow freely then there would be a big foreign interest and arbitrage would be attracted . - the women have their say. gold certificates would never do.
. ancient gold workings create How St stire.. rediscovered Egyptian gold workings , Greenwich Resources inc.controlled 33% by SNC Group of Montreal. $10 million financing arranged by Walwyn Strodgell ltd., Through Minex has arranged an agreement with the Egyptian govt to form a joint venture for the exploration of gold mining in the Red Sea Hills. Minex to receive 39% free of taxes. To prospect and develop a large alluvial gold area within 100 kilometres of Accra.. also at old Gebett Gold Mine in the Red Sea Hills. produced 193 oz of gold in a demonstration program. Has found the ruins of 100s of work stations. area has apparently not been explored since the pharohs. Also extracting barite (for drilling mud )- and gold properties in northern Quebec
GOLD COMPANIES
Toronto based Barrick did not pay fed royalties on $175 million og gold- -prospectors who stake a mineral claim are not required to pay for using the land or pay royalties on minerals it takes- $4 billion of minerals removed from federal land every year. in Nevaa alone companies paid $78.6 million in state taxes in 1990- - Noranda of TO plans to mine gold, and silver near town of Cooke City Mont- -some companies will move to foreign markets like Mexico-
Cathedral Gold corp has sold 32% interest in Bralorne mine near Lillooet B C to Avino mines and resources for 970 000 shares which has 100 % made up of freehold land titles , mineral claims and placeer leases
Prime expects 80000 oz of gold at Snip mine - Prime Resources Group -pres John Ivany - loss of $5.9 million - controlling shareholders Corona Corp and Placer Dome inc, over Eskay cr-- property to hold 4 million oz- road under construction - has non-
Stewart at head of Portland Canal at mouth of Bear River. 120 mi north Price Rupert, mining center - gold , silver, copper, lead, zinc
Canada mines Val d Or. Noranda . irland Lae . Timmins . Red Lae . Flin Flon. Klondike Yellowknife - Mexico . San Luis. Pachuca and Real Del . Monte. . Guanajuato . La Natividato . El Oro --- Nicaragua .El Limon. La Luz . La Libertad . Santo Domingo -
Dingman processing Soviet concentrates. agreeement to process arsenic bearing gold concentrates. TO based co.- the co. on Alta stock exchange - will process 100,000 tonnes of gold per year and market 3 types of semi-precious stones
. Lima Gold miners die - toxic fumes at Sol De Oro (Sun of Gold) near Nazca in southern Peru
Cal Gold 150,000 oz in 1985, Cal Division of mines and Geology , Mclaughlin mine of Homestake mining co. - open pit mine. Jamestown mine reopened by Sonora Gold corp of Vancouver.
. Black Hills Creek , YT - Larry Barr , boss of territorial gold placer co. - he says he is not a miner but a developer , Lorne Ross is the expert Placer miner manager , 6 bulldozers , 3 sluice boxes , old dredge company drill maps good to check. It costs millions to separate gold from the rock in underground mines. But with placer mining we can do it for a fraction of the cost - removing the moss, brush, and grass. Several feet of peat can be scraped off ,two weeks later 'it thaws',next layer of
GOLD HISTORY
Gold under our feet -I noticed one day this old man washed off the catwalk-( a long walkway .) there were ribs across the catwalk- - larry Pylr in Esconsido Cali found gold in his backyard. dug it up and bought the houses on each side of him-
they discosvssered dgold at nome 1899, Rampart and Hot Springs - gold mainly in Fairbanks are - the Yukon and Kuskokwin River Vally
todays gold mined in Fiji, Papua, Formosa - Egypt in early 100 Phillipines gold producer -- largest gold mining region Witwatersrand Goldfield -extending 30 mile E of Johannesburg - by 1944 44% of world gold mined here - - in East Rand Proprietary Mines Ltd - main tunnel placed end to end would stretch 2600 miles-
Russia has vast lode deposites in the Baika region east of Lake Baika - placer deposites in Lena section of Siberia --Ural mountains low grade- estimated to produce 250 tons annually-- since 1858 Canda started to record gold production - to 1972 gold produced = $6 436 millon
the narrow passage way of Miles Canyon on the Yukon river made for a treacherous voyage for gold seekers. today a bridge spanning the whirlpools makes for a safer trip. the beauty of the Yukon makes a lasting impression on visitors - 1890 s peek -
Red Dog Saloon in ,Juneau,Alaska- was a meeting place to exchange tips on fresh veins of gold, a haunt for lonely prospector needing a pal or a generous sweetheart - - after therush ,the saloon was quiet except for the locals who remained - crowd
Ft St John BC. Indians in Fort Liard BC to know were lost gold mine is on Hahanni river country
. Paul Hurtado -secretly selling 60 bars of gold and filigree to a Veracruz jeweler- plunder of an archeological treasure- under Mexican law. all precious metals and archeological finds belong to the state. (Montezuma . a despotic ruler .
Lost Dutchmans gold . deep in Arizona's supersition mountains. under the eye of Apache indians. with only a mule ana a winchester and the ghost of an old gold prospector named Backpack Sam to guide you. into mountains were the devil himself pro
Peru Pavillion . mummy of a Nazca nobel. feet in gold-trimmed sandals. body covered by a mantle of mantle of bright yellow @ orange feathers. gold crown and gold anklets @ gold face mask. sceptre with gold top. 250 gold and ceramic treasures. from the museo oro del Peru. - impossible to control grave robbers. if they dont buy it they melt it down or sell it to embassies. Gold believed to be sweat of the Sun God. several cases are lined with ponchos on which gold discs cover the woven cloth be
. President Carter signed a bill ending a 44 year ban on contracts that specify payment in gold.
gold at Devil's Paw , YT - 50 miles north of Whiitehorse- tip by Olive Gorgychuk
. Whitehorse - the prospector heading into the Selwyn mountains to search for zinc was illegally packing a .357 ( west of Ross River)
. owner passed in gold rush - John Sutter's Sawmill - Coloma. Cal - Jan 24, 1848
GOLD FACTS
plladium , platinum, ruthenium, iridium, and osmium---gold in Alabama,Alaska, Arizona, California,Colorado,Georgia,Idaho,Montana, Nevada,New Mexico,North Carolina,Oregon, South Carolina, South Dakota, Utah, Virginia, Washington, Wyoming--Gold particles have also been freed by deep,secular decay of massive rock formations over millions of years-eluvial(in place) depodites- - permission to prospect must be obtained from owners- - good places rivers,canyons, dry washes, ravines, older bench and terrace gravels,alluvial fans, lake and ocean beaches, river deltas, flood plain gravels
highbanking-
the Sieve is a very useful device for increasinh productivity while panning- - in all of the techniques employed to mine gold, the amount of the metal recovered is directly proportional to the volume of material processed-- a device called a gold sn
Santarem , Brazil - the country's biggest gold rush - mercury can kill by causing kidney failure - estimated 1500 tons of murcury - yield 80% of Brazil's gold - mercury to bind with gold- filtering out silt and ore- they remove it with a blow torch
looking for a lure to get the family to explore the great outdoors without them moaning about another hike - try gold prospecting
the black stain on the gold is magnesium
to pay $3 because he suspects he may find stil another who will pay $4 - same with gold- the value of gold is allmost totally abstract - the value of the maple leaf coins determines the market- in the South Sea c. every fool aspired to be a knave,
attached a four inch canvas hose - fed pay dirt by breaking the ground on either side and shoveling it into the water - periodically shut off the water to recove the gold which had collected on the bed of the ditch - gorund sluicing- tapered nozzle
barite- heavy spar, barium sulfate- brittle - specific gravity 4.3- 4.6 color white also yellow -characterized by high specific gravity- insolubility in acids
cassiterite - tin stone - stream tin, tin ore - tin dioxide, brittle hardness 6.8-7.1 color brown or black- high s g -hard and infusibility
chromite - iron oxide - hardness 5.5 sg 4.6 has metallic luster, iron black and brownish black - feebly magnetic - insoluble in acids
cinnabar - sg 8 metalllic luster - color cochineal red -
beeswax S G .955 silver - arsenic sulphide S G 10.5
copper sg 8.8 nelallic luster
galena - leas sulfide - incubes hardness 2.5 sg 7.5
garnedt - silicates that may contain calcium , mag, iron al maganese cr or titanium , brittle to tough when massive
Gold's prospects may pan out- raving gold bugs who predict Armageddon and the soaring bullion prices they think would go with it- - issue of 'Deliberations' - problen banks selling gold heavily- Newmont Mining corp thw Western world s largest gold
* metal analyst for Gold Field Mineral Services - American Barrick, Newmont, Pegasus,Lac, Cambior,TVX Glamis
dredging tons of muck for a few grains of gold- 1000 s of gold mining sites known as garimpos- worked by diesel motor dredges, a hose that sucks up mud from the river bed- mines in Maranhao state. cash is virtually worthless. reigning currency
trommel, shaking devices, jiggs, screeens, riffles, milion dollar mine may have cost 2 million
new rules to hit Yukon miners- traditionally independent Klondike gold miners face tougher environmental laws- told 60 miners at the annual meeting of the Klondike Placer Miners Association- - pres Frank Taylor- 160 operations produced $60 million
modern alcemists seek midas touch - bacteria to leach gold from sulphouous dirt - firm U S Gold - pres William Reid 42- to be a gold miner you must be a gambler - if not worried not risking enough. -- cyanide leaching could pull microscopic gold
gold uses. chamber that is a $200,000 crime fighting device. thin strnds of gold wire to detect fingerprints... jewelry 80% of gold 7% electronics 7% coins -- the vacuum deposite chamber. gold and zinc placed in chamber.air sucked out and gold eva
Australian Nugget Gold coin minted. Goldcorp Australia said 15% of coin market. Maple Leaf and U S s Eagle up
in 1927 gold $20.67 an ounce- gold measured in troy ounces, defined as 480 grains - ordinary ounces have 437.5 grains to ounce- so an ordinary pound equals 14.6 troy ounces -- in 1934 gold fixed officially at $35 an ounce - in 1972 official price r
Provicial analysis Dr Perdimin 435 9710
Prospectors and Developers Ass of Canada
First gold coins cast in wertern Turkey by King Croesus. however gold played a relatively minor monetary role until the great 19th Centrury gold rushes in California .As a rule nations now keep gold for payments to eaach other. the coin used in t
. the largest know accumulation of gold in the world -about 345 million troy ounce in mid 1987 stored in the federal reserve bank of New York. this is about $14.6 billion at $42.22 per troy ounce - 80 feet below Nassau street. about $26 million of foreign owned gold deposit with the bank in September 1924, holding rose to $458 million by 1931. but feel sharply during the depression years. - the political stability of the US and its past willingness to buy and sell gold at a fixed price are the main reasons gold is held at this bank. The trend was reversed as the threat of war brought a virtual flood of gold to the New York Reserve bank. more $1 billion 36-39 " billion - 45-57 - more than half of the US gold stock which total $11 billion in 87 is kept in bullion.. In 72 Caongress authorized the treasury to raise to $38 a troy oz. The smaller compartment cantains 5160 basrs at $88 million . Gold is relatively soft, but not so soft that particles will stick to clothing or shoes Bar 7 inchs by 3 5/8 by 1 5/8 inches. a slimmer bars called hershe bars. - butter yellow bars are nearly 100 percent pure and usually made of newly mined gold. Redish bars contain copper and other impurtities and generaly result from the remelting of gold coins and jewelry containing other alloys Since 1968 a number of these coin bars dating back to the eary 19oo x have been stored, Occasionally the edge of a bar may appear to have been notched .This cut was made by the owner assayer to sample the purity of the gold. 94% of all this gold had been mined buring this century. and most by the noncommunist nations of the world- Today scarcity is one of its biggest drawbacks. Is eternally and universally accepted as the unalterable fiduciary value par excellence. Wiliam M Martin Fed for 19 year saig 'gold is a beautiful and noble metal'. The US abandoned its domensteic gold standard in 1933. In 74 legal prohibition against private gold ownership ended. Canada produces 4% South Africa 50% silver an platinum impuities varying shades of Green. One of the rarest forms is black gold, which cantains bismuth largest nugget weighing 7560 oz found in Australlia in 1872. Troy oz contains 480 grains while 437.5 grains make up the avoirdois oz. 27.4 avoirdupois lbs to a bar. troy for precious metals and gems after troys France's French phrase avoir du pois mening goods of wieght.
Gary hybrid markets such as India and Pakistan. - people distrust bank or govenment issued money. buyers of illicit gold arent always speculators or hoarder. In some countries customs dictates the use of gold for religious offerings. burial rit
. cyanidation - process to extract gold. employs a dilute solution of sodum cyanide . continues agitation and aeration. lime is usually added to control the PH and reduce the harmful effects of certain minerals- choride removed as a fume or scum or
NCMR grew from Nixon's decision to stop permitting conversion of the US$ into gold.. they have US inflation built into , that has not yet surfaced -super government spending is setting the stage for superinflation. .. the crises in govnt debts set stage for inflation and currency debasement - gold prices tend to be a barometer of international tention if gold in a bullish cycle
a retired gardener combing a field with a metal detector finds biggest treasure trove of Roman coins , Eric Lawes 70, -1600 year old hoard , searching for a lost hammer on a friends farm in Suffolk, eastern England, - marvellous says Judith Plouviez adorned with rubies said to weigh about half kilogram- Lawes hoping to reap a big cash reward by British Museum.
. beach sands major source of monzonite - a rare earth phosphate, zircon. - wave action also produces a pounding and vibrating effect which shake the mass of material downward. tremendous masses of gravel into a thin layer of consentrate. Also be
. 65% of the world's gold recycling is used in the jewellery trade says Johnson Matthew Group of London - John Lutely pres. .said the co. handles a fair part of the 1.6 million ounces of primary gold. dug up in Canada each yr. Also the recycling rec
S African Rand $1.55- rand 100 cents 1.24414 gm fine gold
. Looking for Gold- The Modern Prospectors Handbook 622.1841
. How and where to find gold- Secrets of the 49ers - Verne Ballantyne
Prospecting in Canada
. Summer Gold - Campers Guide to Amateur Prospecting -John Dwyer
Gold in Canada and Where to find it - Dennis Foster
200 Trails to Gold- a guide to promising old mines and hidden lodes throughout the West - Sam B Jackson.
Hand book for Prospectors - Richard Pearl
. The Gold Hunters Field Book- How and where to prospect for colors. , nuggets and mineable ores of gold by amateur and serious followers of Jason and the Golden Fleece.
. How do they find it. 622 Sul-George Sullivan
. How to mine and prospect for Placer Gold- John West
. The Guide to Gold Panning - Neville Bsrlee
Gold Panners Manual - Garnet Basque
. Simple Methods of Mining Gold - Terry R Faulk
Gold.. ABC's of panning - a beginners guide 622.E S Legaye
Pan Your own gold - with the new Garrett 'gravity trap' gold pan - E S Legaye
. Gold - Mother Earth News Aug 79 p66
Gold - Popular Mechanics - July 74 P82
. Gold Rush - a pictorial look at the part Edmonton played in the gold era of the 1880's - James Blower
. The New Eldorado - or B C - 917.11 - Cornwallis
. Wagon Road North - Art Downs
. Goldseekers - Ralph Hall
Free Gold - the story of Canadian Mining - Arnold Hoffman.
. And so thats how it happened - Recollections od Stanley-Barkerville
. The Cariboo Dream - Fred Lindsay.
. The Gold Rushes - From California to the Klondike
. Overland to Cariboo - an eventful journey of Canadian Pioneers to the gold fields of BC in 1862 - Margaret McNaughton.
Cariboo Gold - The story of the B C gold rush- Marian Place
. Barker-ville a guide in word and picture to the fabulous gold camp of the Cariboo - Dan Riley
The Lost Lemon Mine - Dan Riley
gold will come in contact with the quicksilver. too much water at too great a speed however, may carry off fine gold. Some of which in the Oroville deposites is so fine as not to settle after two hours in a bottle containing a weakacid. On the other A, amalgmation is hindered. the filling of the interstices of the coco natting by fine sand is a draw back.
. redish powder assayed $9600 per ton in gold and not only could not a 'color' be detected but none of it would amalgamate- so a chemical method of treatment made it profitable
. if all the gold that has been mined were put in a football field it would make a pool 6 feet deep. Only gold combines lustrous beauty, easy workability and rarity. Much of the jewellery manufactured in the world to day uses classic techniques tha
. geobotanic prospecting. gold and silver device detects a shift in the red reflecting edge (of the infra-red spectrum) to blue part of the spectrum
. $1 invested in jan 1 1975 the 1st day that U.S. investor could legally buy gold would be worth $2.5 today , but T bill out performed this in 13 year period. - the days when gold surged with reckless abandon are now few and far between.
TREASURE
unusually large quantities of old Russian gold coins in mint condition - bought 22 000 five ruble gold coins of uncirculated high quality - coin portray Czar Nicholas II 1900 Asmlid selling for 2X scrap value
Royal Oaks - cost of production cut by $70 per oz from $395 when they aquired the Pamour Group -37 old metallurgical engineer - hard nosed says John Woods of Stockwatch mag
women finds nickel ingots - hidden in long grass - weigh 22.5 kg -13 of them - could be worth #3000
pale gree peridot - precious olivine - aug, ancient writer pliny in 70 ad -peridot deposits on St Johns Island in Egypt - and Mogok region of Burma - for hot summer sun
Golden Topaz - finest in Central highlands of Scotland, nov month, also found in Schneckenstein inGermanty
cubic zirconia - doesnt have the sharp eddges of a diamond , a line drawn on a sheet of paper is visible through CZ - CZ is transparent if dropped in water while a diamond remains visible- CZ splinters if hit hard -indestructible is diamond
scientists diving into the creater of a submerged volcano off Papua New Guinea have discovered some of the richest concentrations of gold in the world. but the deposits may be too deep in the sea to exploit- 7000 feet below the ocean surface. 21 gr
standing amid racks of coins from Asia- ancient Rome and Middle East, the 1916-C is Canada's rarest coin. - last year sold for $82,500 - Weisbrich recently brokered the sale to a wealthy Calgarian. for almost double that amount. - carries 200,000 coins - Thai bahts or Russian rubles - this client has a collection in excess of $1 million. Calgary trend is the result of cash-strapped eastern real estate speculators being forced to dump their treasured possessions - gold as a bullion item is seeing a lot of interest because the price of gold is low and investors are protecting themselves against the weak Can dollar
Alex the Great created inflation in the Greek city states by capturing large amounts of gold in his extensive travels and conqursts in Asia (356-323 bc) - the release of this Persian bullion increased prices 500% but gave great impetus to trade in the Mediterranean
As the power of Rome declined and with it the value of its coinage, Constantinople became the world capital. a new gold coin was created in 325 AD the Bezant or Solidus , which contained 65 grains of gold.
proportions 1 to 33 was the proportion close to that of early metal called 'electrum' a natural mixture of gold and silver.
argonauts - a name given to the first miners in the cariboo gold fields 1850
Bogot's fantastic gold museum - 11,000 pieces of Indian gold
. Peruvian gold. stylized body of a puma in empbossed sheet gold 64 cm long is one of 400 artifacts from 400 BC - 1532 AD representing cultures of Mochica , Nazca , Chimu and Inca ---entitled Gold for the Gods
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