Oregon
All gold is originally sourced from the earth
 
The northeastern section of Oregon is one of the most important mining regions of the state where both lode and placer deposits have been found.
 
Lode gold is gold that is mined through extracting gold directly from the earth and is referred to as lode mining and hard rock mining. All gold is originally sourced from the earth and found in mineral rich veins, however over time the lodes are naturally disintegrated by erosion, which create deposits in streams that contain a mixture of soil and crushed ore. Placer gold is that which is harvested from these streams by filling a pan with the soil and crushed ore in order to separate the gold. Placer mining is more commonly known as ‘panning' for gold.
 
The first of many profitable gold mines
 
In 1851, the owners of a pack train of mules en route to deliver supplies to California stopped to make camp. While searching for potable water they discovered a large quantity of placer gold. This discovery prompted further exploration of the area and wherever there was a stream there was an abundance of gold. These discoveries marked the first of many profitable gold mines in Oregon and ultimately led to the institution of the first mining district in Oregon.
 
The discovery of gold in Oregon was a mitigating factor for the initial development of the state. For example:
  • the natives were forced out of the area through conflict;
  • a reliable source of currency in gold was plentiful and served to create and fuel commerce, transportation and infrastructure; and
  • current occupants of the area that had been oppressed by debt and poverty were now given the means to better their situation in life.
After exhausting the supplies of placer gold, many of the individual miners began to search for new gold resources in other states, leading the way for mining companies to explore the Oregon sources from where placer gold had originated, lode deposits that were certainly in the earth; veins in the hills waiting to be discovered. The rules and regulations that oversee the various processes for mining may have also played a part in the decline of the mining industry in Oregon 20 years ago, but with the way legitimate companies operate their businesses today, rules and regulations are not the deterrent they once were.
 
Glittering with potential
 
Presently, as the state of the economy continues to deteriorate, people across the States are seeking different ways to create financial prosperity. The current increase of the price of gold has renewed interest in gold mining in Oregon. Much of the land still holds untapped potential and new deposits of gold waiting to be discovered. Recently local gold companies have noted an increase in demand for gold panning materials and report new interest in exploration. One distinct advantage that the gold seekers have today is the newest in mining technology; new methods to recover gold have found deposits left behind by miners in the same areas that were mined over a century ago. Old mines as well as gold placer sites near ancient basins, up-hill old riverbeds, and tertiary placer rivers that were previously thought to be exhausted, may yield results with these new mining techniques.
 
Glittering with potential, it is estimated that Oregon still has ore reserves of 5.1 billion tons, including 1.3 million ounces of gold.
 
Review, Comment, Promote and get rewards. Help
Gold prospecting locations are being discovered all over Canada, the United States and Mexico. Successful gold prospecting is vital to a gold mining company’s continued positive growth. The rise in the price of gold has led to Oregon once again being a popular gold prospecting location.
How to invest in stocks – advice for researching and buying penny stocks.
Gold mining companies often succeed or fail based on their ability to identify and secure high potential sites. Successful companies are able to find new sites for a project pipeline. Gold mining companies offer unique investment opportunities.
Stocks to invest in include “penny stocks”, a good option for first-time investors. With a relatively small initial investment, you can get an excellent return.
Buying penny stocks has risks for investors, but can also lead to amazing returns on investment.
Investing in penny stocks with companies who make their business about gold can offer high returns on a secure commodity.
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Calico Announces a $2M
Private Placement Funding
Calico Announces a $2,000,000 Private
Placement Financing September 7, 2012,
Vancouver, British Columbia…
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