End of the rainbow: The search for more gold deposits is on – by Suzanne Featherston (Elko Daily Free Press – August 6, 2018)


ELKO — Prospect. Claim. Explore. The search for gold in Nevada keeps its allure long after the 1849ers panned gold flecks from the Carson River. A gold discovery can catapult the finder into wealth while helping sustain community economies.

“Big deposits start small,” said Rich Perry, Nevada Division of Minerals administrator. “They begin to unravel the geology of the district. Gold deposits are very geology intensive.”

Whether a prospector searches for gold in unexplored territory or an operator seeks to expand an existing mine, finding unseen riches remains a challenge, a necessity and a thrill.

“A vein is an elusive beast,” said Eric Saderholm, president of American Pacific Mining Corp. “Then bang! You hopefully you hit the vein, and it’s good.” American Pacific Mining is a gold exploration company drilling near Tuscarora. The company is among a handful of junior companies conducting drill programs in the state.

“The junior market is somewhat dynamic. It’s tough. It’s risky,” said Saderholm, who previously worked as Newmont Mining Corp.’s exploration manager for the Western United States. “But there is a freedom associated with it, as well.”

For the rest of this article: https://elkodaily.com/mining/end-of-the-rainbow-iii-gold-exploration-in-nevada/article_7acbbb40-f890-52d7-90c0-6c2c8d4ebd0e.html