But the NEXT door abutters have this stuff in their sand...some radius away from them within 5 miles, PGMs are where you find it! LOL: No Pun Intended but it ain't sand and gravel that us weirdau stakers are looking for with/on/under our worthless land leases once Sept 1 comes around each year! LOL We are 30 miles away...radius that.
see my HP URL post if you want a hoot, thousands of acres many tries and we wait for the value to EXCEED the cost of trucking, keep on trucking,,,,,and NEVER GIVE UP!
santasmrr.com
The Mineral Resources of the Santa Maria Mine
Minerals, rare earths and precious metals, make the world what it is today. The minerals of the earth are basic components in all the products of our modern world. This nation's natural resources are vitally important to each and every one of us, yet most people hardly ever think about them, where they come from or how we use them. Minerals, precious metals and rare earths are found in every item in the home, and at the workplace. We wear them, we use them as tools to make other tools, and we even eat some of them in our daily supplements of “vitamins and minerals.” The minerals found in The Santa Maria Mine are the same minerals that make possible our way of life and provide the foundation for our country's economy.
The purpose of this report is to discuss the minerals and metals which exist in the Santa Maria Mine in addition to gold. Below is a brief listing of the additional metals and minerals which have been discovered along with a few sentences concerning how they are used.
The Assay amounts given below are averages based on over 10,000 feet of core drillings and over 800 samples. The dollar values are based prices for the respective minerals as of mid October, 1997, and do not reflect a 20% to 35% refining cost. The production amounts for each mineral are based on processing 5,000 tons of ore per day (production amounts are expected to increase every year and to reach 40,000 tons of ore per day by the fourth year of full-scale operations).
Beryllium (Be): Santa Maria Mine Assay: .04% per ton of ore = 0.8 lbs per ton of ore. 0.8 lbs x 5,000 tons = 4,000 lbs per day. Producers set price. Be is traded mainly in 5% Beryllium-Copper alloy. It is strong, light and resists corrosion. It is used to strengthen everything from springs and electronic contacts to boat propellers. There is no free market for this mineral, so producers set the price. Very little Be is produced every year.
Cobalt (Co): Santa Maria Mine Assay: .02% per ton of ore = 0.4 lbs per ton. 0.4 lbs x 5,000 tons = 2,000 lbs produced per day. 2,000 lbs x $20/lb = $40,000 per day. Co occurs in silver ores. It is a vital metal in armaments, and indispensable in jet aircraft engines as well as many other uses in aircraft industries. It is used a part of the alloy in creating heat shields for reentry vehicles such as the space shuttle. South Africa and Russia are major producers of Co. It is also a component of vitamin B-12.
Chromium (Cr): Santa Maria Mine Assay: .02% per ton of ore = 0.4 lbs per ton. 0.4 lbs x 5,000 tons = 2,000 lbs produced per day. 2,000 lbs x $4/lb = $8,000 per day. Cr is essential in stainless steel manufacture as well as other speciality steels. It is used to plate items, primarily in the automobile industry only .000002 of an inch of Cr is needed in order to give items a brilliant surface. The U. S. produces only negligible amounts of Cr.
Manganese (Mn): Santa Maria Mine Assay: .04% per ton of ore = 0.8 lbs per ton. 0.8 lbs x 5,000 tons = 4,000 lbs produced per day. 4,000 lbs x $0.0925/lb = $370/day. Mn is used in batteries, dyes and in glass and ceramics. Its most critical use is in making steel and iron.
Mercury (Hg): Santa Maria Mine Assay: .05% = 1 lb per ton. 1 lb x 5,000 tons = 1,000 lbs produced day. 2,000 lbs x $4/lb = $8,000 per day. Hg is used extensively in batteries, mercury vapor lights and scientific instruments, especially thermometers and barometers. Hg is found primarily in “cinnabar TNE” ore. There are very few reserves and Hg is becoming very scarce throughout the world.
Lithium (Li): Santa Maria Mine Assay: .02% per ton of ore = 0.4 lbs per ton. 0.4 lbs x 5,000 tons = 2,000 lbs produced per day. 2,000 lbs x $10/lb = $20,000 per day. Li is the lightest alkali metal. There are very sophisticated high-tech uses for this mineral in the aircraft industry. It increases tensile strength and resistance to corrosion in metals it is alloyed with. Li is also used in various medications.
Molybdenum (Mo): Santa Maria Mine Assay: .0222% per ton of ore = 4.44 lbs per ton. 4.44 lbs x 5,000 tons = 22,200 lbs produced per day. 22,200 lbs x $4.50/lb = $99,900 per day. Mo is indispensable in the construction of oil piplines and has many applications in aerospace industry. It is used to strengthen and harden steel. (Rhenium is a by-product of Mo see below).
Rhenium (Rh): Santa Maria Mine Assay: .00015% per ton of ore = 0.0003 lbs per ton. 0.0003 lbs x 5,000 tons = 15 lbs (6.8 kilograms) produced per day. 6.8 kg x $10,000/kg = $68,181 per day. Rh, a by-product of Molybdenum (in the form of Molybdenum Sulfide), is used primarily as a catalyst in the oil industry in refining gasoline and motor oil. Oil companies are increasingly using Rh as a substitute for platinum (which is used in refineries around the world) and it works better than platinum.
Tellurium (Te): Santa Maria Mine Assay: .04% per ton of ore = 0.8 lbs per ton. 0.4 lbs x 5,000 tons = 4,000 lbs produced per day. 4,000 lbs x $5/lb = $20,000 per day. Te is a by-product of copper and is used as an alloy with copper and steel. It is also used as a coloring agent to give glass a blue or brown color.
Tungsten (Wo): Santa Maria Mine Assay: .09% per ton of ore = 1.8 lbs per ton. 1.8 lbs x 5,000 tons = 9,000 lbs produced per day. 9,000 lbs x $150/ton = $675 per day. Wo has the second highest melting point after platinum and is used for steel making, armor plating, tanks, shells for munitions, electrical products and drill tips. China and Russia are the major producers, and if they ever decide to withhold their Wo from the market, the U.S. will not be able to provide enough to meet its own needs.
Vanadium (V): Santa Maria Mine Assay: .015% per ton of ore = 0.3 lbs per ton. 0.3 lbs x 5,000 tons = 1,500 lbs produced per day. 1,500 lbs x $2.50/lb = $3,750 per day. V is one of the most important metals used as an alloy component in the manufacturing of structural steel and oil pipeline.
Titanium (Ti): Santa Maria Mine Assay: .8% per ton of ore = 16 lbs per ton. 16 lbs x 5,000 tons = 80,000 lbs produced per day. $180,000 per day. Ti is used in defense and civilian aircraft, submarines and missiles, golf clubs, as well as speciality vehicles (such as Rolls Royce titanium frames). It is also being used in buildings, and new applications are regularly being added to the list.
Magnesium (Mg): Santa Maria Mine Assay: 15% per ton of ore = 300 lbs per ton. 300 lbs x 5,000 tons = 150,000 lbs produced per day. 150,000 lbs x $2/lb = $300,000 per day. Mg is used in the production of titanium, automobiles, for machine parts and many consumer products. It is the worlds lightest structural metal.
Uranium (U): Santa Maria Mine Assay: 1% (U238) per ton of ore = 20 lbs per ton. 20 lbs x 5,000 tons = 100,000 lbs produced per day. 100,000 lbs x $15/lb = $1,500,000 per day. U238 is used to produce plutonium and U235 is used to in nuclear power plants.
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