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California gold fever still reigns as new prospectors seek to reopen giant mine
By Kurtis Alexander
San Francisco Chronicle
Sunday, April 18, 2021
GRASS VALLEY, California -- It has been a long time since California's gold country has churned out any big mining fortunes.
The rush of prospectors and the blasting of ore have given way to small towns comfortable in the quiet of the foothills. The glory of the Mother Lode today lives largely in history museums, local tourism ads and an occasional bar named the Mine Shaft or Golden Era.
But that doesn't mean there's no gold.
... Dispatch continues below ...
Production Due Soon from VanGold Mining
in Silver and Gold District in Central Mexico
James Anderson, chairman and CEO of VanGold Mining (VGLD.V; VGLDF; vangoldmining.com), joins Austin and Andrew O'Donnell of Stock Talk / Supercharged Stocks to discuss the company's imminent production at its silver and gold properties in a historic mining district in central Mexico.
VanGold Mining recently acquired the El Cubo mine and mill from Endeavor Silver, where mining has been underway for 500 years and where three Canadian mining companies are already active, along with silver behemoth Fresnillo PLC.
Anderson's interview is 28 minutes long and can be viewed at YouTube here:
For the past four years, a Canadian mining company has been in Nevada County, about 60 miles northeast of Sacramento, collecting samples of what it suspects is one of the world's highest-grade underground gold deposits, potentially worth billions.
Now that company, Rise Gold Corp., is drafting plans to get at the bounty by reopening the more than 150-year-old Idaho-Maryland Mine.
"There's some really good targets that they left behind," President and CEO Ben Mossman said as he stood in his office in Grass Valley recently, looking at a map of the long-shuttered mine and its 73 miles of underground tunnels. "The fact that they planned to double production here before they closed says to us that they thought there would be a lot more gold." ...
... For the remainder of the report:
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