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Gold Prospecting
Prospecting Rules & Regulations
The sad story of alienation of public land in Victoria
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<blockquote data-quote="DrDuck" data-source="post: 523290" data-attributes="member: 158"><p>"VEACs consultants also argue against mining and prospecting and claim that future mineral discoveries are well-nigh impossible. This view about minerals is remarkable since the Geological Survey of Victoria estimates that half the states gold is yet to be found, and the area has hosted much mineral production in the past. In relatively recent times, two major gold mines have been opened near the area one of which, Fosterville, actually has the second-richest gold concentrations of any mine in the world and is presently producing at over one billion dollars per annum. Moreover, entrepreneurs risking their own money take a different view to VEAC expenditure in the 42 exploration licenses current in the area is around $9 million a year. A recent discovery in the area of a nugget worth $160,000 by an amateur prospector is further evidence of the regions prospectivity. Uncovering any further hidden wealth would be foreclosed by reclassifying the land as National Park which VEAC have recommended.</p><p></p><p>So, we have a double whammy. First, policies are being pursued to banish commercial and much leisure-use activities that have proven to be perfectly compatible with forest conservation. Secondly, requiring the cessation of commercial forestry also means eliminating many of the roads, and thereby heavy machinery, essential to fight fires. It would be hard to devise a more destructive set of policies."</p><p></p><p><a href="https://quadrant.org.au/opinion/doomed-planet/2019/11/sacrificed-on-victorias-green-altar/" target="_blank">https://quadrant.org.au/opinion/doomed-planet/2019/11/sacrificed-on-victorias-green-altar/</a></p></blockquote><p></p>
[QUOTE="DrDuck, post: 523290, member: 158"] "VEACs consultants also argue against mining and prospecting and claim that future mineral discoveries are well-nigh impossible. This view about minerals is remarkable since the Geological Survey of Victoria estimates that half the states gold is yet to be found, and the area has hosted much mineral production in the past. In relatively recent times, two major gold mines have been opened near the area one of which, Fosterville, actually has the second-richest gold concentrations of any mine in the world and is presently producing at over one billion dollars per annum. Moreover, entrepreneurs risking their own money take a different view to VEAC expenditure in the 42 exploration licenses current in the area is around $9 million a year. A recent discovery in the area of a nugget worth $160,000 by an amateur prospector is further evidence of the regions prospectivity. Uncovering any further hidden wealth would be foreclosed by reclassifying the land as National Park which VEAC have recommended. So, we have a double whammy. First, policies are being pursued to banish commercial and much leisure-use activities that have proven to be perfectly compatible with forest conservation. Secondly, requiring the cessation of commercial forestry also means eliminating many of the roads, and thereby heavy machinery, essential to fight fires. It would be hard to devise a more destructive set of policies." [url]https://quadrant.org.au/opinion/doomed-planet/2019/11/sacrificed-on-victorias-green-altar/[/url] [/QUOTE]
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Gold Prospecting
Prospecting Rules & Regulations
The sad story of alienation of public land in Victoria
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