Show VALUES OP OF GOld COLD SOUl Sonic Conditions that tex cx the lie Miner i at nt s 's of if the thc 31 Mint hit Placer miners are arc frequently puzzled luz- luz l an and not Infrequently angered because because be he- catl cause e of lor lh the values alues of their gol gold J shipments as given gl by refineries or the mint At ono one time the minter miner will hul receive 19 1920 0 an Jounce ounce jounce for foi a shipment nt a a. f few w months later Inter he lie will receive but hut 19 or 01 1890 for a second shipment writer Dennis Denials H. H Stovall Inthe in inthe the Mining World orld He Is answered because be be- cause on omi thought it seems clearly clear clear- I ly a case of short allowance as asboth ashoot hoot both shipments were vere of gold from front the lie same diggings an and remo c removed the same fea season on He lie Is confident nt there thero Is a aleak leak eal somewhere all and If ho has been shipping to tu a zi smelter machot- he will change to the mint or nr If to the lie mint he will change to the smelter only to ascertain ascertain ascer ascer- tam tain at a a. later date ato that the fault CHuH do not does not s-not liE life with the lJur buyers rs but with i-h the lie gold Kold itself For FOI there ther is a differ differ- ence in iIi e In the lie hl quality of place g gold and the th difference exists In the he same district ills dis trl net t or along a single gulch or stream m. m The Tue writer hall had occasion to make an Investigation In this his maer r because because be he- cause of complaint entered by hy a placer miner minor that the mint was giving gl him short allowance on Through this investigation It was learned that the lie nr varying values of placer gold of nuggets nn and even of finer dust is due to the lie coarseness or fineness of tho ho metal ineal in other othel w s I it Is the t. t texture of or the metal that decides es its worth It Il was run found that in iii the same stream the nuggets near hear the lie mouth of or the creek creel are of better quality than those found roun at the lie source h rl reason un for fOl this Is not far to seek The rho former Olm l' l have tr traveled farther and have been longer s 's separated from the parent vein eln They are ale therefore har harder cr smoother more compact an and amid of ot finer grain Also Aso they are nr of nf better quality and andare an anare andare are of greater value ahw The absolute value alue of a t can cati only bo lio determined after It has been heen ln melted and anti refined An And this value alue is based basc on the value of pure gold goM and md by put pure Is meant free iree of alloy or other er metals One cubic inch of pure le gold weighs ounces tro troy roy and andis is worth A A. single ounce Is worth 20 O C Ver Very few miners rs re receive re- re 2007 2067 or even en 20 20 O an ounce fOIth for fOI th their lr pro product even the retorted bricks from the mines to brine this price The nuggets may ha have ever every eyen appearance of being pure may mar maybe be hi One fine of texture and antI smooth they will vIli still fall short In value because e of other othel metals with which the gol gold is 18 a associated Gold Gol even en in the tue virgin alloyed with ith slate state Is almost always H silver and antI frequently with tellurium bismuth alu and lead It alto also occurs with metallic sulphides as as' In iii galena Iron and copper r pyrites but hut this Is an oc occurrence oc- oc curi currence ence that seldom falls fails to the tho lot lotof lotof of the placer miner mind The Tho purest g gold hl of 0 r the Western I placer ileitIs fields i is that found In the lie so- so called dry diggings high up Ul n nS mountain tops and rl ridges ge above an and andS S out of Teach Tench of all surrounding wash S channels an and streams These The peculiar locations is have led to tho belief on the p pai pait rt t of the tho miners that PlacerS placer necessarily originate gol gold docs does not S from veins or lo lodges since Ince the placer r. r Jol gold of thc these e dry 1 diggings Is s out of the tho way of f all surrounding mountains S and th therefore could not have been washed flown from rein them A As a matter matter mat mat- I ter tel of at fUt fact these dry ry diggings are arl out of ot reach rachi of all present surrounding surround- surround ing r an and ledges but ut their origin an and f formation r lUtes dates much farther Carthel back hack than that of the present geological cal cat erti ern Great changes chango have hav been heen wrought on the lie earths carth surface since the thc placer chann channels ls of or the dl dry digginGs diggings dig dig- gings were formed an and hIlled filled with their theil precious content And it is this l extreme ageth t l gives the tho placer gold the nuggets and liner finer dust Its value ulue as It has a time to 9 reworked elJ and n refined in natures nature's great retort So when the vl placer miner mince l' l two nug nuggets both of equal qui and S from the tho s samo amo diggings an and J receives receive 1890 an oun ounce e for one and andrt r rt 4 11 for Cor the lie other he rna may rost assured as ns- m sure that the he mint aunt or 01 the tw refinery i is b. cheating him not I r i. i |