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Gold/Mining/Energy : A New Age In Gold Refining -- Ignore unavailable to you. Want to Upgrade?

To: Michael J. Wendell who wrote (611)	2/11/1998 7:13:00 PM
From: JACK R. SMITH JR.	Read Replies (1) \| Respond to of 672

Michael, You are truly a generous man. See guys, what I have been telling you about Michael!! I will be really shamed if it turns out to be a lump of high sulfur low carbon, low volatile Arkansas coal!! Thanks Mike! Jack

To: Michael J. Wendell who wrote (611)	2/13/1998 10:51:00 AM
From: Matt C. Austin	Read Replies (1) \| Respond to of 672

Mike, There was a post yesterday (in another thread) about the King Tut deposit in AZ. Have I heard somewhere that you have knowledge of it ? If so, could you make some comments ?? Thanks

To: Michael J. Wendell who wrote (611)	2/13/1998 12:42:00 PM
From: ddl	Read Replies (2) \| Respond to of 672

Hi Mike... what's this I hear Newmont is trying out a DD property? - denis

To: Michael J. Wendell who wrote (611)	2/13/1998 4:20:00 PM
From: Michael J. Wendell	Respond to of 672

Hi Folks, Yesterday I was passed a piece of information that is moderately correct, at least from my understanding of the project. It is a that major company is active in North West Arizona. They are looking at a DD environment. Maybe the largest accumulation of gold in the world as we know it today. The area is known as the King Tut area. There is native gold on the top of the area. So much gold that families could modestly support themselves with dry washers as recently as 1965. The rules of the dry washer families at that time was, no one staked a claim. The Desert gold was there for all to have. But people like Putnam (of the Howard Hughs empire) and Warren Mallory of Electroduct did stake the desert, every inch of the prospective ground. The dry washers were soon gone, not because of the changes to property management, but because of economics. Tom Godwin the author stayed on as a ghost writer for many famous authors of the time. But the desert finally took him too. The mountain range to the West, the Lost Basin range was exciting. Almost all of the percussion drill holes drilled into the Archean rocks for seven miles contained gold that could be found by panning. But some of these rocks, especially the banded iron formations would amalgamate up to 40 opt gold, yet failed to fire assay. The mountain range is about 40 miles West of the Western edge of the Colorado Plateau. It is the created by shoving of the western edge of the Walker Lane lineament East against the South Western edge of the Colorado Plateau. That crushed and moved the Lost Basin Range upward and entrapped massive amounts of rock debris between the Grand Wash Cliffs and the western mountain range. All of this is Laramide in timing or about the time of the beginning of the Rockies uplift. At least that is the way one older man remembers it. And at least some parts of the lime stone contact on the Eastern side of the valley near the escarpment of the Colorado Plateau contains gold also. Mind you that in the early days all we did was crush the rock and table it or amalgamate the gold into mercury. So the valley is divided into three cluster resource plays. One is in the mountains. Hundreds of quartz veins lace the country. These form above one of the plate breaks. We found thousands of rocks with free gold nuggets sticking from them, gold was occasionally found in the fresh schist. Jack Antweiler of the USGS found platinum too, but even more important was the fact that the placer contained gold to at least 1365 feet in the only hole drilled to that depth. Except for the top few feet, 99% of all that gold would probably be classed as microcluster gold today, but we did not know that then. We were there before our time. It is an ugly point in my career. You could process the rock, recover twice that amount of gold and the tails assayed as if no gold had been removed from the rock. Some radiometric methods of analysis would report large areas averaging 4 opt gold. The physicists said "it is there", the chemists said "No way". At that time I believed chemistry 6 to 1 over physics. The reason, we could not recover even economic amounts of gold by the methods of the day. Heap leach methods would bleed gold from the piles at the same rate every day. Polymerization of the cyanide solutions was uncontrollable. The recycle pond mud with polymer precipitates was very rich at times. Well, in summary, if these deposits are now controlled by a major as I have been told they are, the train of progress will move a little faster now. Can't you hear it coming? mike