Low gold prices have been holding back miners from going full throttle in search of elusive “world-class” deposits. Could that change with the precious metal trading at record high prices? Gold prices have risen more than 20% this year to touch all-time highs, as low yields and central bank stimulus drive investors toward the precious metal. The yellow metal soared […]
Gold
Gold Extracted from Colorado Mine
Gold Taken from Colorado Mine During the raising of the Rocky Mountains millions of years ago, superheated fluids rose from deep within the Earth and pushed minerals such as gold and silver up through the Earth’s crust. Erosion brought pieces of gold downstream in creeks (placer gold), while the deeper deposits (lode gold) could only be […]
Gold Prospecting Locations in the Feather River
This article will outline the mining history of the Feather River of California. It was one of the most active places involved in the production of gold at the height of the gold rush. Considerable amounts of placer gold was mined from its waters. Gold has been recovered from all throughout the drainage. […]
Cache Creek’s Riches Revealed: Uncovering Gold Nuggets in Chaffee County, Colorado, USA
LEADVILLE, Colo. — The National Mining Hall of Fame and Museum has had a busy summer, preparing its newest exhibit for the public. “It’s called Leadville Thirst for Gold and it just opened a few weeks ago,” curator Jordan Bennett said. The collection of artifacts tells the story of the origins of mining in […]
Discovering Hidden Gems: Exploring Cache Creek’s Gold Treasures in Chaffee County, Colorado, USA
The first gold discoveries in Colorado were placer gold deposits. Cache Creek Park, a few miles west of the small town of Granite in northern Chaffee County, was one of these early gold discoveries. The gold of Cache Creek Park was discovered in 1859 (Parker, 1992), the same year gold was found by George A. […]