>The State of Nevada is attempting righteously to protect investors from
>mining frauds by issuing public documents. The latter contain geological
>statements which deserve some consideration by the scientific community,
>although they are intended for the laymen.
>
>A specific warning [among others against which I don't object] reads as
>follows:
>
>"If you are planning to invest in Nevada's mining industry, please consider
>the "following:
>".......
>"4. Precious metals do not mix. Claims of a mine site with high levels of
>"platinum group metals (PGMs) along with gold and silver is almost a
>certain "indicator of fraud. Platinum and palladium have not been mined in
>Nevada since "1919 and, more than likely, will not be for the foreseeable
>future. Iridium, "osmium, ruthenium, and rhodium have never been mined in
>Nevada.
>
>From: "Digging deep into mining-An Overview of the Mining Industry &
>Questions To Ask BEFORE You Invest in a Mining Operation." Provided to you
>by: Nevada Office of the Secretary of State-Securities Division and Nevada
>Commission on Mineral Resources-Division of Minerals. Text available at the
>following URL:
>http://minerals.state.nv.us/ prog_mining/diggingdeep.htm".
>
>In those times of rush PGE prospection, and of foreseeable intensification,
>this is an interesting topic. In particular, would it not be useful to
>gather data on the simultaneous occurrences of gold and PGE, apart from
>placers? J.J.
TRY THE OLD BOSS MINE WHICH HAS BOTH PALLADIAN JAROSITE AND GOLD IN THE
SUPERGENE PORTION.
I AM NOT SURE OF THE MINERALOGY OF THE HYPOGENE PORTION BUT THE SITE IS
WELL-DOCUMENTED IN THE LITERATURE.
HOWEVER OVERALL I AGREE WITH THE CONCLUSION AND AM WELL AWARE THAT EVERY
TEN YEARS OR SO A SCAM ORIGINATES IN NEVADA OFFERING THE CHANCE TO INVEST
IN A COMPANY WITH PROPERTY WHICH CONTAINS 'INVISIBLE PGM WHICH CANNOT BE
ASSAYED BY CONVENTIONAL LABORATORIES". THESE PGM (AND ASSSOCIATED GOLD) ARE
USUALLY PROPOSED TO OCCUR IN TERTIARY TUFFFS RATHER THAN IN PLACERS GIVING,
OF COURSE, HUGE POTENTIAL RESOURCES OF WHICH ONLY THIS COMPANY IS AWARE!!
SO THE WARNING IS FAIR AND WELL-INTENTIONED. IT IS INTENDED FOR THE
INNOCENT NOT FOR SOPHISTICATED GEOLOGISTS LIKE US!
BEST WISHES, NICK.
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