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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (82302)	2/19/2002 9:53:17 AM
From: E. Charters	Read Replies (1) \| Respond to of 116815

Gold needs water, you are right for the most part. Either the placer needs mountain surface run water, or the lode deposit needs circulation meteoric hotspring or vent water. Primary gold is some rare. Pat Sheridan swears he found a 0.50 gold porphyry in Spain. Big blocks of 1/2 ounce gold. Hard to believe it is still not economic. Pat finds real mines, but he is tres hesitant about putting them in production. Gold price I guess. He backed out on the Toburn restart that his geologist told him had goods, and he backed out on the one northeast of Timmins, that he had with whatisface. Besides white Oxes moaning I don't know what West Texas has. The only sand people say is productive is the Woodbine and that is not for gold. New Mexico has considerable silver mining potential. That is low temperature. New Mexico is dry and alpine, so low temperature waters that leave silver behind is what you find. Geyser type stuff operating in fracture environments. Gold is there, here and there. Northwest New Mexico has the odd gold mine, nothing huge, lost Padre mine notwithstanding. For gold you need a seabed, with an associated thrust fault that runs for a 100 miles or more. Something deep, to tap hot temperatures. Volcanos come in handy for that. There are supposed to be some Volcanic mountains in West Texas. Just hills really. In these hills is the odd old Spanish adit. It is reliably legended that the sp. carried gold out of these adits in times of yore, let's say 1780 or before. Spanish mining receded in New Mexico after the Pueblo war, and they never returned. We have an analog in the Superstition mountains. Jim Bowie of alamo fame was supposed to have worked a mine there for a couple of years with about 100 men. Well 150 years later a Canadian mining company returned to the area and with modern exploration techniques found and developed a gold mine there. The searchers-for-the-lost-mine-types never could get a handle on the legend. You need the accompanying wisdom of geology. I didn't think that Bowie would was his time with one hundred men in the desert, even if it could be surmised his main target might be fr. ships in Lousiana. At any rate, where there are Spanish adits, (Columbia, Peru etc) you generally find gold. Sometimes silver. BTW, where you can pan a bit of dust in sand, visible, lets say to be covered by lets say a hat-pin head, mark it carefully on a map. Just do that. You needn't find much of that type of gold to be covering a Carlin Mine with fine sand. Gold you could not work by hand for a month to buy lunch could be a geochemical indication sometimes of the mightiest of mines down below. Your relatives probably strode across fields of gold that 200 ton trucks could happily cavort the pit with, and knew not. There are oil sands in texas whose beds run gold. Thes auriferous bitumen sands are paralleled in Australia, Alberta, Venezuela and Russia. Hellish hard to define and low grade. EC<:-}