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# 1 USA GOLD Mining Record - produced 1.0 million


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#1 goldsmith

goldsmith

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  • Traders-Talk User
  • 49 posts

Posted 13 November 2003 - 12:02 PM

# 1 USA GOLD Mining Record - produced 1.0 million ounces of Gold
from 1.0 million tons of ore.

The Idaho-Maryland Gold Mines -

The Grass Valley Mining district has been the most
productive Gold area in the State of California.

The mines in the district were known in California
as the “Northern Mines”
and were not part of the Mother Lode Gold belt.

The first and second largest underground gold
producing mines in the state, the Empire and
The Idaho-Maryland Gold Mines,
are located about 2 miles (3 km) apart
within the district.

The original claim on the Idaho-Maryland property was
staked in 1851.

High-grade Gold mineralization was discovered in 1861
with the commencement of mining in 1863.

All production during this time was from a single vein
referred to as the Idaho Number 1 Vein.

Subsequent production from 1863 to 1893 produced 1.0 million
ounces of Gold from 1.0 million tons of ore, is -
The # 1 Gold Mining Record - in USA history..

Fire destroyed the Idaho Gold mine hoist in 1894, which caused
the lower mine workings to flood.

The period from 1894 to 1914 saw intermittent Gold
production (approximately 75,000 ounces).

The claims around the deposit were consolidated in 1915 to
form the Idaho-Maryland Mine.

- Prod. 1 million ounce of Gold from 1 mil. ton ore. -


To proceed with the installation of an exploration
ramp to test specific targets located near the
upper levels of the historic mine workings...

http://www.emgold.co..._Surface_DH.jpg

The exploration ramp would be strategically located
adjacent to known targets near the historic
Idaho Number 1 vein, which...

- produced 1 million ounces of Gold from 1 million tons of ore.

Diamond drilling would be completed on targets at
the 300, 400, 500 and 600-foot levels, culminating in
the removal of a 10,000-ton bulk sample
to test the ID1-3 vein.

The scoping study will specifically address the definition
of the various exploration targets and the steps
required to complete a feasibility study and put
the mine back into production.

The three compartment, 3460 foot deep, New Brunswick
vertical shaft provided access to the Idaho-Maryland’s
15 working levels.

Over 71 miles of underground workings provide access
to much of the property.

The Idaho-Maryland Gold Mines was partially developed and
mined from 160 veins with an additional 55 partially
defined veins, which were not mined but delineated
by drilling prior to closure in 1956.

The historical database includes the results of
over 42 miles (230,000 feet) of exploration and
development drilling.

The Idaho-Maryland Gold Mines vein system erroneous comments within a
wedge-shaped block, which is confined by three
bounding faults.

The historic system has been documented as being
about 9,000 feet long up to 3,000 feet wide,
and has been partially mined from surface to
a vertical depth of 3,280 feet, which is the
lowest level in the mine.

The Idaho-Maryland Gold Mine was discovered in 1851 and
produced from 1862 through 1956.

Total recorded production was 2,383,000 ounces of gold
from 5,546,000 short tons or a recovered grade
of 0.43 ounces of gold per short ton.

At the time of closure the POG $35/oz in 1956,
there were 25 different working faces
on 6 different levels.

http://www.emgold.co...ce-Area-Map.jpg

William J. Witte, P. Eng.
Executive Vice President

Idaho-Maryland Mining Corporation
P.O. Box 1836
Suite 210
431 Crown Point Circle
Grass Valley, California
95945

Tel: 530.271.0679
Fax: 530.271.0693

http://www.emgold.co...and_Project.asp

GOLD Stocks will be the way to riches.
"hold for the long-term,"
"and you’ll be rich."

Gold will be seen as the answer
to economic freedom...

HUI
http://bigcharts.mar...i&freq=1&time=8

Got Emgold EMR Shares?

By Richard Russell
For..STREETWISE / THE GOLD REPORT...

http://www.theaureport.com/pub/co/42

THE historic investment opportunity of a lifetime
is still in play.

For investors looking to jump on board,
you have a gift.

GOT TO BE IN IT TO WIN IT! and WE ARE GOING TO WIN IT!

The Gold chart is very constructive:

http://www.tfc-chart.../charts/GDM.GIF

http://www.tfc-chart.../charts/GDW.GIF

Gold stocks will shine after bullion prices hit
a seven-year-high in London...

A GOLD SHARE BUYING PANIC IS COMING...

There is no way the little Gold share market
will be able to handle this buying without
the shares SOARING,

***To The Moon Alice, To The Moon!***

EMR has long way to hike Back UP...

http://cbs.marketwat...330&siteid=mktw

http://ichart.yahoo....off&z=m&a=v&p=s

http://chart.bigchar...6945&mocktick=1

EMR is oversold / undervalued...
Starting a Strong Come Back...
Emgold Mining Corporation at...
http://www.ivarkreuger.com

The Gold shares are only getting to the launch pad...

http://www.house.gov...03/pr073103.htm

Lift off and rocket ride still to come...

It’s a red flag that tells the world
that intrinsic wealth is preferable to
fantasy wealth, and fantasy wealth is
what the central banks are now offering
to the world in the form of
fiat currencies, or paper.

Dollar Index Cash (NYBOT:DXY0)...

http://quotes.ino.co...=15&a=50&v=dmax

...lower highs and lower lows...going down hill..

The US$ fiat falling off the cliff...
U.S. Dollar Index (CEC)
Weekly fiat $$ Price Chart...

http://www.tfc-chart.../charts/USW.GIF

...the fiat US$ & Can$ will be only be
worth the paper its printed on?..

http://www.house.gov/paul/
Imo. TIA!
Posted By: IvarKruger

#2 goldsmith

goldsmith

    Member

  • Traders-Talk User
  • 49 posts

Posted 14 November 2003 - 02:43 AM

Nov. 13 - Gold $393.80 - Platinum $772.00 - Silver $5.26
Gold Cartel Selling Prevents Gold From Taking Out $400
"For three hundred years our history has been marked
by the alternations of 'prosperity' and 'distress'
which are produced by the booms and their collapses.

When the collapse comes, the people who are left long
on goods and land [and stocks] always make a great
outcry and start a political agitation.

Their favorite device always is to try to inflate the
currency and raise prices again until they can
unload. . . . No scheme which has ever been devised
by them has ever made a collapsed boom go up again."
- 1896, William Graham Sumner

'Tis going to be wild from here on in – at least
much of the time.

Gold was all over the place today.
Early on it roared ahead in stellar follow-through fashion
after yesterday’s breakout, making it all the way up
to $397.80.

An increasingly desperate Gold Cartel pulled out all
the stops to prevent Gold from taking out $400.

The fact that the dollar was very weak (breaking 92),
the stock market was sinking after Wal-Mart disappointed,
and the CRB was continuing its bull run, meant nothing.

It doesn’t when you are dealing with a bunch of corrupt
and deceitful bankers who have backed themselves into
a corner.

The cabal and friends bombed Gold on every rally.

Unfortunately for them, large specs and other powerful
buying interests are taking them on.

The Gold open interest soared to 287,001, up a
stunning 16,106 contracts.

That huge increase gives you an idea of how much Gold
The Gold Cartel needed to throw at the market yesterday
to prevent $400 from being breached.

The open interest should have increased again today.

By the time all is said and done, it could take
out 400,000.
Why not?
The financial markets open interest has increased
substantially over the years.

Now that Gold is in a major bull market, its open
interest should grow significantly too.

Gold makes a 7 ½ year high and The Café Sentiment Indicator
is a 5 at best.
Go figure!

There is still little public interest in the Gold market.

We are cleaning up and no one cares.

That has to tell you we are only at the early stages
of a mega move.

The silver open interest rose sharply too,
jumping 12,360 contracts to 104,240.
That is still 10,000 less than the previous time it
traded at these levels this year.
Still waiting for the day when silver goes nuts
to the upside.

AM Gold Fix: $395.50 PM Gold Fix $395.40

The CRB keeps on keepin’ on, finishing at 254.91,
up a steep 1.78.
The grains, the softs (coffee, cocoa, sugar) and cotton
were all higher.

But, there is no inflation!

CRB
http://futures.tradi...com/chart/RB/14

The euro rose .99 to 117.20.
The dollar was clocked; down .68 to 91.74.
I believe that is a new low close for the dollar.
The effect on Gold?
A big zilch!

A highly regarded money manager tells me that pension
and endowment funds are beginning to look into and
add Gold to their portfolios.

The Gold Cartel has to be in panic mode.

If Gold takes out $400, the Gold derivatives neutron bomb
could off with such an explosive option structure
out there.

Making headway Gold price-wise from here is going to be
an epic struggle and battle with so much at stake.

The fundamentals remain a "10+."

As vet Café members know, I have been touting that
line for a long time.

A cursory review of them:

*Low US interest rates

*Continued comments by Fed officials they are going to
keep interest rates low, seemingly to ignore
real US inflation

*Negative interest rates, meaning inflation is running
higher than the Fed Funds rate -
this situation is worsening due to all the Fed pumping
and their liquidity maneuvers

*A stellar physical Gold market – investment demand
is on the increase

*Gold demand exceeds mine and scrap supply by
about 1400 tonnes per year and the deficit
is going up

*Mine supply is going lower in the years to come
no matter what the Gold price does due to producer
high grading in years past and lack of exploration
finds due to the low Gold prices over the
past 7 years

*A weakening dollar

*Increasing skepticism over a US Administration
that seems out of control over Iraq and
government spending

*And most important of all, The Gold Cartel is
gradually running out of enough physical Gold to
suppress the Gold price like that have done
since the mid-90’s.

*Via GATA’s efforts, The Gold Cartel has been exposed.

Many shrewd investors around the world have found
out the secret the IMF and the rest of the cabal
wanted hushed up:
half the central bank Gold is GONE

*The central bank overhang will be a thing of the past
soon – they could even become net buyers at some point

Only a matter of time now before the magic $400 number
becomes a reality!

GATA BE IN IT TO WIN IT!

GOLD Stocks will be the way to riches.
"hold for the long-term,"
"and you’ll be rich."

Gold will be seen as the answer
to economic freedom...

HUI
http://bigcharts.mar...i&freq=1&time=8

Got Emgold EMR Shares?

By Richard Russell
For..STREETWISE / THE GOLD REPORT...

http://www.theaureport.com/pub/co/42

THE historic investment opportunity of a lifetime
is still in play.

For investors looking to jump on board,
you have a gift.

GOT TO BE IN IT TO WIN IT! and WE ARE GOING TO WIN IT!

The Gold chart is very constructive:

http://www.tfc-chart.../charts/GDM.GIF

http://www.tfc-chart.../charts/GDW.GIF

Gold stocks will shine after bullion prices hit
a seven-year-high in London...

A GOLD SHARE BUYING PANIC IS COMING...

There is no way the little Gold share market
will be able to handle this buying without
the shares SOARING,

***To The Moon Alice, To The Moon!***

EMR has long way to hike Back UP...

http://cbs.marketwat...330&siteid=mktw

http://ichart.yahoo....off&z=m&a=v&p=s

http://chart.bigchar...6945&mocktick=1

EMR is oversold / undervalued...
Starting a Strong Come Back...
Emgold Mining Corporation at...
http://www.ivarkreuger.com

The Gold shares are only getting to the launch pad...

http://www.house.gov...03/pr073103.htm

Lift off and rocket ride still to come...

It’s a red flag that tells the world
that intrinsic wealth is preferable to
fantasy wealth, and fantasy wealth is
what the central banks are now offering
to the world in the form of
fiat currencies, or paper.

Dollar Index Cash (NYBOT:DXY0)...

http://quotes.ino.co...=15&a=50&v=dmax

...lower highs and lower lows...going down hill..

The US$ fiat falling off the cliff...
U.S. Dollar Index (CEC)
Weekly fiat $$ Price Chart...

http://www.tfc-chart.../charts/USW.GIF

...the fiat US$ & Can$ will be only be
worth the paper its printed on?..

http://www.house.gov/paul/
Imo. TIA!

Posted by Calgoldminer

#3 goldsmith

goldsmith

    Member

  • Traders-Talk User
  • 49 posts

Posted 14 November 2003 - 09:53 PM

# 1 USA GOLD Mining Record - produced 1.0 million ounces of Gold
from 1.0 million tons of ore...

- The Idaho-Maryland Gold Mines -

The Grass Valley Mining district has been the most
productive Gold area in the State of California.

The mines in the district were known in California
as the “Northern Mines”
and were not part of the Mother Lode Gold belt.

The first and second largest underground gold
producing mines in the state, the Empire and
The Idaho-Maryland Gold Mines,
are located about 2 miles (3 km) apart
within the district...

Emgold Mining Corporation (EMR, TSX Venture), an emerging
Gold producer, is focused primarily on the development of
The Idaho-Maryland Gold Mines, in Grass Valley, California.

The EMR’s objective is to produce 265,000 to 400,000 oz of
Gold per year.

The Idaho-Maryland is the 2nd largest underground
gold mine in California producing 2,383,000 oz
from 5,546,000 tons at 0.43 oz per ton (opt)
from 1862 through 1956.

Subsequent production from 1863 to 1893 produced 1.0 million
ounces of Gold from 1.0 million tons of ore, is -
The # 1 Gold Mining Record - in USA history..

Fire destroyed the Idaho Gold mine hoist in 1894, which caused
the lower mine workings to flood.

To proceed with the installation of an exploration
ramp to test specific targets located near the
upper levels of the historic mine workings...

http://www.emgold.co..._Surface_DH.jpg

The exploration ramp would be strategically located
adjacent to known targets near the historic
Idaho Number 1 vein, which...

- produced 1 million ounces of Gold from 1 million tons of ore.

Diamond drilling would be completed on targets at
the 300, 400, 500 and 600-foot levels, culminating in
the removal of a 10,000-ton bulk sample
to test the ID1-3 vein.

The scoping study will specifically address the definition
of the various exploration targets and the steps
required to complete a feasibility study and put
the mine back into production.

The three compartment, 3460 foot deep, New Brunswick
vertical shaft provided access to the Idaho-Maryland’s
15 working levels.

Over 71 miles of underground workings provide access
to much of the property.

The Idaho-Maryland Gold Mines was partially developed and
mined from 160 veins with an additional 55 partially
defined veins, which were not mined but delineated
by drilling prior to closure in 1956.

http://www.emgold.co...ce-Area-Map.jpg

The historical database includes the results of
over 42 miles (230,000 feet) of exploration and
development drilling.

The Idaho-Maryland Gold Mines vein system erroneous
comments within a wedge-shaped block, which is
confined by three bounding faults.

The historic system has been documented as being
about 9,000 feet long up to 3,000 feet wide,
and has been partially mined from surface to
a vertical depth of 3,280 feet, which is the
lowest level in the mine.

http://www.emgold.co...rface_Drill.jpg

The Idaho-Maryland Gold Mine was discovered in 1851 and
produced from 1862 through 1956.

Total recorded production was 2,383,000 ounces of gold
from 5,546,000 short tons or a recovered grade
of 0.43 ounces of gold per short ton.

At the time of closure the POG $35/oz in 1956,
there were 25 different working faces
on 6 different levels.

http://www.emgold.co...ce-Area-Map.jpg

The price of Gold $400 level is still holding a
psychological resistance for the market, the Gold
is the old currency of last resort, the only
currency that manip. governments can't debase!

Well, 5 mil. ounces have been discovered above 3000'
level, the Gold didn't come from the moon, at nearby
Empire Mine it increased at depth - the deeper the
richer Gold/t - I expect >25 mil. Au-oz. to be
before 25,000' depth is the lure.

Gold has made new closing higher lows only to push
higher as bargain hunters emerge on pull backs.

Bull markets can easy double the price of Gold,
which has risen just 55% from its 2001 low of $255.

But the rise in Gold prices hasn't been spectacular
yet, but a Bullish sign for Gold: It rose strongly at
the same time the stock market soared. The Dow Jones
industrial average leaped 111 Wednesday to 9849.
Normally, the two markets move in opposite
directions.

GOLD Stocks will be the way to riches.
"hold for the long-term,"
"and you’ll be rich."

Gold will be seen as the answer
to economic freedom...

HUI
http://bigcharts.mar...i&freq=1&time=8

Got Emgold EMR Shares?

By Richard Russell
For..STREETWISE / THE GOLD REPORT...

http://www.theaureport.com/pub/co/42

THE historic investment opportunity of a lifetime
is still in play.

For investors looking to jump on board,
you have a gift.

GOT TO BE IN IT TO WIN IT! and WE ARE GOING TO WIN IT!

The Gold chart is very constructive:

http://www.tfc-chart.../charts/GDM.GIF

http://www.tfc-chart.../charts/GDW.GIF

Gold stocks will shine after bullion prices hit
a seven-year-high in London...

A GOLD SHARE BUYING PANIC IS COMING...

There is no way the little Gold share market
will be able to handle this buying without
the shares SOARING,

***To The Moon Alice, To The Moon!***

EMR has long way to hike Back UP...

http://cbs.marketwat...330&siteid=mktw

http://ichart.yahoo....off&z=m&a=v&p=s

http://chart.bigchar...6945&mocktick=1

EMR is oversold / undervalued...
Starting a Strong Come Back...
Emgold Mining Corporation at...
http://www.ivarkreuger.com

The Gold shares are only getting to the launch pad...

http://www.house.gov...03/pr073103.htm

Lift off and rocket ride still to come...

It’s a red flag that tells the world
that intrinsic wealth is preferable to
fantasy wealth, and fantasy wealth is
what the central banks are now offering
to the world in the form of
fiat currencies, or paper.

Dollar Index Cash (NYBOT:DXY0)...

http://quotes.ino.co...=15&a=50&v=dmax

...lower highs and lower lows...going down hill..

The US$ fiat falling off the cliff...
U.S. Dollar Index (CEC)
Weekly fiat $$ Price Chart...

http://www.tfc-chart.../charts/USW.GIF

...the fiat US$ & Can$ will be only be
worth the paper its printed on?..

http://www.house.gov/paul/
Imo. TIA!