Top gold invesment Idaho: Gold has historically been an excellent hedge against inflation, because its price tends to rise when the cost of living increases. Over the past 50 years investors have seen gold prices soar and the stock market plunge during high-inflation years. This is because when fiat currency loses its purchasing power to inflation, gold tends to be priced in those currency units and thus tends to arise along with everything else. Moreover, gold is seen as a good store of value so people may be encouraged to buy gold when they believe that their local currency is losing value.
Test mining will determine if the observed average bulk sample grades of 0.6 opt gold are consistent along the entire strike length of the Mary K Vein at surface. The potential quantity and grade is conceptual in nature, there has been insufficient exploration to define a mineral resources and it is uncertain if further exploration will result in the target being delineated as a mineral resource. A 500 lbsample from surface returned 0.79 ounce per ton.A 2 Kg sample from surface sent to theBureau Veritas laboratory in Richmond, B.C. returned 44.3 g/t with a combined gravity and flotation recovery of 96.3%.
In 1884, the first of about 100 gold bearing quartz veins was discovered. Between 1884 and 1904 all the easily accessible gold from those veins had been minded out. Only a few of those veins were put into commercial production. The largest of which was the Buster Mine. It produced 18,379 ounces of gold from 25,705 tons of material. Read more information on best gold deal Idaho.
The Elk City area sits in a metamorphic complex that is adjacent to the Idaho Batholith. All the large veins trend east-west and are anywhere from 500 to 3,000 feet long.They are en-echelon, meaning they look like rungs of a ladder when looking from above. While the company believes the historical sampling data shown in the map is reliable, readers are cautioned that a qualified person has not completed sufficient work to be able to verify the historical information and therefore the information should not be relied upon.
The company plans to develop and test-mine the historical high-grade Mary K mine in Idaho. Bond Resources has signed an L.O.I with the owners of the mineral leases and 450 acre property. Conditions of the underground workings are currently unknown, but additional development and/or rehabilitation is considered straight forward. Elk City is located 33 miles ESE of Grangeville, Idaho. It is the closest town. Elk City is accessed by a well maintained two lane highway (Hwy 14), which follows the south fork of the Clearwater River.
His operational experience is extensive, having formerly served as President and Chief Operating Officer of Cliffs Natural Resources Inc., President and Chief Operating Officer of Diavik Diamond Mines, Inc. and General Manager of Weipa Bauxite Operation of Comalco Aluminum. Find more information on https://bondresources.ca/.