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Gold Prospecting
Hard Rock Gold Prospecting
HARD ROCK MINING on a tight budget: (1)
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<blockquote data-quote="DetectaDave" data-source="post: 152288" data-attributes="member: 4774"><p>Great info but a pretty simple message here. A thread titled Hard Rock mining on a tight budget. Not going to happen. Just the methods posted here require equipment, which costs thousands of dollars and their use is beyond anyone not trained. Before you even think of getting some of the equipment mentioned you need to register a claim. In Vic it is over $7k for the application, then the Native Title issue needs to be addressed. You will need to put up a bond, pay insurance for public liability, then finally after a year or two you might be able to start work. By this time you will have invested say 40k. You then need a drill or two, compressor, rock bolts, ore skip and rails, timbers for safety in the mine, and a suitable vehicle to haul it all. You then need to set up a crushing and processing plant or pay to use someone else's set up. All up cost to start a small underground hard rock mine not much change from 100k. You can do it cheaper with smaller tenements and other little tricks known to a few. But if you are going to set up a hard rock mine, think long and hard about it. As someone once said. The best way in mining to make a small fortune is start with a large one.</p></blockquote><p></p>
[QUOTE="DetectaDave, post: 152288, member: 4774"] Great info but a pretty simple message here. A thread titled Hard Rock mining on a tight budget. Not going to happen. Just the methods posted here require equipment, which costs thousands of dollars and their use is beyond anyone not trained. Before you even think of getting some of the equipment mentioned you need to register a claim. In Vic it is over $7k for the application, then the Native Title issue needs to be addressed. You will need to put up a bond, pay insurance for public liability, then finally after a year or two you might be able to start work. By this time you will have invested say 40k. You then need a drill or two, compressor, rock bolts, ore skip and rails, timbers for safety in the mine, and a suitable vehicle to haul it all. You then need to set up a crushing and processing plant or pay to use someone else's set up. All up cost to start a small underground hard rock mine not much change from 100k. You can do it cheaper with smaller tenements and other little tricks known to a few. But if you are going to set up a hard rock mine, think long and hard about it. As someone once said. The best way in mining to make a small fortune is start with a large one. [/QUOTE]
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Gold Prospecting
Hard Rock Gold Prospecting
HARD ROCK MINING on a tight budget: (1)
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