BY STEVE HICKS
MISTAKES NOVICE PLACER MINERS MAKE
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Placer mining is relatively simple as long as you
don't expect to make a profit; but it becomes much more
difficult if your intention is to make some money. If
you want to make some money, it's a lot easier and
cheaper to learn from other people's mistakes, than to
put yourself through the school of hard knocks. By far,
the most common mistake I see is inadequate or improper
sampling, which is often due to
gold fever. Other
mistakes are: not properly cleaning up bedrock, not
researching the past
mining history of your area, and
starting a mining venture
under-funded.
The Right Approach
First, we will cover
sampling. A common remark I
hear is why put the time, effort, money, etc. into sampling
when it can be better-spent on actual mining and making some
money? All too often, individuals lose thousands of dollars
on their mining ventures; but had they done some sampling
and found out that the ground was too low-grade to mine
profitably, they would have only spent hundreds of dollars.
I have seen an individual go broke trying to mine ground
containing less than $2 of gold per yard when there was
un-mined ground about 300 yards away running slightly over
$100 per yard. That is not a typographical error; it is one
hundred dollars. This is, of course, an extreme example; but
all too often rich ground is missed. Even before sampling, a
literature-search is in order to get an idea of the ground's
value.
Another common mistake is
not separating overburden from pay gravels. Novice miners
frequently like to run low-grade overburden.
This is because the more gravel they mine, the more
gold they
recover. While mining everything on a property will maximize
the amount of recovered gold, it could bankrupt a person at
the same time. If the overburden only contains $2 of gold
per yard, and your mining cost is $5 per yard, then you are
losing $3 for every yard put through the wash plant.
On the other hand, if you
can strip low-grade overburden for $1 per yard, then you
have saved $2 per yard which can be directed toward mining
the pay gravels.
Often, new miners leave a
lot of gold values in the bedrock. Some highly-fractured
bedrock may have values several feet below the surface. The
deepest I have ever read about was a Canadian mine going
down nine feet into bedrock to get all of the values.
Most often, the
bedrock
values will be in the top two feet of bedrock. Once you mine
the top six inches, check the next six inches to see if
there are still enough values to make it pay. Once again,
you must evaluate your mining costs for ripping up bedrock
to determine if the effort will pay adequate dividends.
Starting a placer operation
under-funded is another common mistake of novice miners. It
is a mistake to count on finding some profitable ground to
pay off debts right away and carry you through the rest of
the season. Unforeseen problems have a way of cropping up,
such as equipment breakdowns or a severe water shortage
later in the season.
Even though most
individuals reading this article won't be running a
large-scale mining operation, these tips should help you
toward a more profitable operation even on a smaller-scale.
Maybe, with some increased sampling or more efficient
mining, you just may find that big nugget this season!
About the Author:
Steve Hicks is a
geologist specializing in sampling gold placers. He has
previously worked a number of years as a mineral examiner
for the BLM in Alaska and Montana. Presently he is doing
placer consulting work and residing in Livingston, Montana.
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