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Mining Claim Corner, Blue Ribbon Mine, Alaska. A placer claim is a mining claim on gravel or ground from which minerals are extracted using water. [1] In the United States, the valuable mineral in a placer claim is almost always gold, although other nations mine placer deposits of platinum, tin, and diamonds.
Placer gold was found in Tarryall, Fairplay, Alma, Breckenridge, and Leadville. [10] A notable amount came from the beds of the South Platte River. [11] Many placer claims existed to the south and west of Alma. [10] The mining town of Montgomery in Hoosier Pass had another small placer gold operation in 1911. [10]
The reminder of the placer-claim, or any placer-claim not embracing any vein or lode claim, shall be paid for at the rate of two dollars and fifty cents per acre, together with all costs of proceedings;. [15] [unreliable source?] It set the price of the land claim to range $2.50 to $5.00 per acre. This price set by law has remained the same ...
The presence of cobble-size quartz with sulfide boxwork and coarse gold suggest that the placer gold is primary, originating from bedrock sources. Historical production figures from Ganes Creek are in excess of 250,000 oz. gold; an additional estimated resource of 736,000 oz. of placer gold exists on patented claims. [55]
Placer mining (/ ˈ p l æ s ər /) [1] is the mining of stream bed deposits for minerals. [2] This may be done by open-pit mining or by various surface excavating equipment or tunneling equipment.
The "Discovery Claim (Claim 37903)", a mining claim on Bonanza Creek where the Klondike Gold Rush began, the discovery of which marked the beginning of the development of the Yukon; [4] and "Dredge No. 4", a preserved bucketline sluice dredge used to mine placer gold and which symbolizes the importance of dredging operations to the evolution of ...
Roughly 4,700 claims have been filed as of this week, and the plan has already paid out more than $914 million. California's insurer for people without private coverage needs $1 billion more for ...
Gold-quartz-sulfide hydrothermal vein at the old Grant Mine, Fairbanks Mining District. The Fairbanks mining district is a gold-mining area in the U.S. state of Alaska. Placer mining began near Fairbanks in July 1902, after Felix Pedro (real name Felice Pedroni), an Italian immigrant and Tom Gilmore discovered gold in the hills north of the Tanana and Chena Rivers in 1901.