Prospector Articles

GOLDEN OPPORTUNITIES FOR MINING INVESTMENTS

Yet the fact remains that there are a number of mineral prospects throughout the West that have a tremendous potential of striking it rich.

IGold in goldpanf only a drill program could be funded to prove/disprove the indicated mineralization, or if a pilot plat could be set up to bootstrap finance a larger mill. Or if management had the resources, contacts, and talent to syndicate an offering among friends. Which is exactly how a very successful Ranchers Silver Mining company was started.

The biggest what if of my career was recommending to a claim holder in Nevada who had hired my firm to perform assessment work, that he extend his holdings five miles north along a ridge that had jasperoids showing as pathfinders to disseminated mineralization.

He ignored our report.

We couldn't ethically go back in and stake ground in our own name, nor did we have the resources to follow up on what our surface soil testing had shown. Alta Gold came along there with a $3 million dollar drill program, and the first month into production poured 17,000 ounces of gold.

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