Great finally a green showing for goldKeep it above the RED ZONE.
Yesterday I mentioned Eagle River , which comes mountains and drains into whats called Favorite Channel.
As does the Herbert River , they are very near each other except Herbert river is created by the melting glacier ice from the Herbert Glacier, and if you see pics of the runoff its humongous.
Man talk about global warming.
Anyways every year it melts shows more prospective ground too drill.
Production and reserves
| Workings or exploration | The Eagle River Mine was discovered in 1902. The mine workings include over 30,000 feet of underground workings, including the 3,000-foot Flume Tunnel. In 1981 and 1982, Placid Oil Co. drilled several holes in the mine area. Houston Oil and Minerals Co. drilled additional holes in 1985. |
| Indication of production | Yes |
| Reserve estimates | Reserves at the Eagle River Mine have been estimated as high as 750,000 tons of ore with an average of 0.2 ounce of gold per ton (Kurtak and Maas, 1988). The U.S. Bureau of Mines however, estimates an inferred resource of 53,100 tons of ore with an average of 0.28 ounce of gold per ton (Redman and others, 1989). |
| Production notes | The mine had a 20-stamp mill and produced 19,451 ounces of gold and 8,855 ounces of silver between 1904 and 1915. Ore mined from the upper workings was 90 percent free-milling and ore mined in the lower workings was 56 percent free-milling. An additional 100 ounces of gold, 5 ounces of silver, and 1 pound of lead were recovered from the tailings in 1940. |
An awful lot of gold in the area. Oltimers knew it, just did not have the technology we have now with things like drill rigs and LIDAR , etc.