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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: elmatador who wrote (60665)3/1/2005 9:59:07 AM
From: Raymond Duray  Read Replies (1) of 74559
 
el mat,

Speaking of images, here's a mine that I contracted with for building construction in the mid-1980s:

greenscreek.com

The ore body was discovered in a similar fashion to what you described for the Carajas ore body. In the early 1970's, an observant bush pilot spotted what he called a "big sore" on a mountain on Admiralty Island. It was an area that was devoid of the dense hemlock and spruce forest that covered most of the island. Curious about the geology that would cause this bare ground, a geologist was dispatched and subsequent core drilling proved that the 'sore' was the exposed portion of a massive sulphide deposit which had been uplifted and bent into an "S" shape. This deposit was created much in the same way that black smokers are now being born in areas of continental stretching such as occurs at the Mid-Atlantic Ridge and various tectonically favorable locations in the Pacific.

One of the favored specimens in the company's office in Juneau was a core sample where the diamond drill had run through a "fair dinkum" gold nugget about the size of child's hand. It was funny to see grown men get an almost childish glee staring at the possibilities shown in that sample. Greed does amazing things to men's emotions. :)
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