Gold deals in Idaho? Both precious metals investments and stocks have their pros and cons. In our aging society, it is increasingly important to plan for retirement. Two common investment vehicles are stocks and physical commodities, like precious metals. Each type of investment carries real benefits, and unique risks. Here, we will examine the differences between these two popular investment options, their respective risks, and their advantages.
Test mining will determine if the observed average bulk sample grades of 0.6 opt gold are consistent along the entire strike length of the Mary K Vein at surface. The potential quantity and grade is conceptual in nature, there has been insufficient exploration to define a mineral resources and it is uncertain if further exploration will result in the target being delineated as a mineral resource. A 500 lbsample from surface returned 0.79 ounce per ton.A 2 Kg sample from surface sent to theBureau Veritas laboratory in Richmond, B.C. returned 44.3 g/t with a combined gravity and flotation recovery of 96.3%.
The company plans to develop and test-mine the historical high-grade Mary K mine in Idaho. Bond Resources has signed an L.O.I with the owners of the mineral leases and 450 acre property. Conditions of the underground workings are currently unknown, but additional development and/or rehabilitation is considered straight forward. Elk City is located 33 miles ESE of Grangeville, Idaho. It is the closest town. Elk City is accessed by a well maintained two lane highway (Hwy 14), which follows the south fork of the Clearwater River.
The mine was shut down for WWII and never reopened.Only about 2,000 tons of gold mineralization were mined at Mary K.The average grade reported by Mr. Kleesattelwas around 0.65 opt (ounce per ton)The last workings developed by Kleesattelwere below the #4 level, near what he called “the apex of a very rich ore shoot”.There, 23 feet below the #4, he recorded assays of of11.02 to 59.12 opt.Kleesattelhad a stroke shortly after WWII was over, and passed away leaving his wife, Mary, to hold the land until her death. Find more information on gold stocks US.
Unlike paper currency, coins or other assets, gold has maintained its value throughout the ages. People see gold as a way to pass on and preserve their wealth from one generation to the next. Since ancient times, people have valued the unique properties of the precious metal. Gold doesn’t corrode and can be melted over a common flame, making it easy to work with and stamp as a coin. Moreover, gold has a unique and beautiful color, unlike other elements. The atoms in gold are heavier and the electrons move faster, creating absorption of some light; a process which took Einstein’s theory of relativity to figure out.
Mr. Carrabba spent much of his career working for multinational mining operations in North America, Australia, Latin America and Asia. His wide range of experience also includes working on Health and Safety and Environmental and Social Responsibility committees. See even more info at https://bondresources.ca/.