Golden Legends Tales of Buried Treasure

 Sado Gold Mine or Sado Kinzan is Sado Island's most important historical site. Currently it is promoted as an UNESCO World Heritage site. Sado Gold Mine was Japan's largest gold mine, while it has been in operation since 1601. In 1601, gold was discovered. In addition, gold was produced until 1989. At that time, mining was ceased. The Sado Kinzan mine produced 78 tons of gold and 2300 tons of silver. To be clear, this represents 156,000 pounds of gold! Cramped conditions were the order of the day. Technology, to include the Archimedes' Screw, helped pump out water to above ground from deep mine tunnels. A Chinese bellows system was used to provide fresh air in the shafts while drainage channels took excess water away preventing accumulation. About 400 km of mining tunnels existed in the Sado Kinzan mine. A huge outcrop is still visible where mining began. Meiji authorities took ownership of the mines in 1867. Some shafts at the Sado Kinzan were completed with the help of G...

 February 21, 2022 This blast occurred in Burkina  Faso, a landlocked country in West Africa. It is bordered by Mali to the northwest,  by Niger to the northeast, Benin to the southeast, and Togo and Ghana to the south.  Ivory coast is to the Southwest.  A large explosion in the proximity of a gold mining site in southwestern Burkina Faso killed 59 and hurt in excess of 100 other souls. It is believed that the explosion was caused by chemicals for treating gold being stocked there.  The  gold  recovery  chemicals are  like lime, sodium carbonate, sodium hydroxide and sulfuric acid  are used  for adjusting slurry pH; sodium sulfide used  for activation; water glass and phosphate  are used  for dispersion; flocculation and starch  are used  for flocculation. The first blast happened around 2 p.m., and  more explosions followed. Burkina Faso is the fastest-growing gold producer in Africa. Current...

This map may be useful to those in Alabama looking for sites to prospect or an idea of the surrounding area. I ran across this on a random search. If it helps locals, all the better. Good luck! https://digitalalabama.com/gold-in-alabama/alabama-gold-map/11958

Based on VTEM geophysical survey of this site at Greenwood Precious Metals project circa southeastern BC.  In similar testing, major new discoveries have been made. The property is permitted for drilling. The purpose of this post is to reveal the intentions of the project which is  to identify conductive areas to target a major copper-gold skarn deposit and/or a porphyry-type copper-gold deposit.   Read more:  https://www.digitaljournal.com/pr/airborne-survey-highlights-golden-dawn-phoenix-copper-gold-mine#ixzz7KXoQvc4q

I found this interesting. Check out the most searched websites. Check out #79. There are a lot of people looking for a place to put their money.  https://ahrefs.com/blog/most-visited-websites/ Have a great week! 

 There are hundreds, if not thousands of old abandoned gold mines in the United States. Many still contain veins of gold.  the question is, can a mine produce a profit from these veins. One of these old sites is Rise Gold. In 2017 a corporations bought the old mine because they believed it meant economic sense. The mine last produced gold in 1956. But due to the fact that gold had a fixed price ($35) set by the U.S. government, it made little sense to continue operations.  Day to day expenses associated with operations exceeded the price per ounce of gold. It is easy for us today to see that gold at $35 an ounce wasn't much to compensate a mining company what with labor costs, machines costs, regulation costs, and the cost of borrowing money. Now conditions have changed. We have experienced a pandemic, rising inflation, and the uncertainty of Fed policy. Having lowered interest rates, the Fed has helped the lure of gold (and silver) and increased interest in the precious ...