head ore
Head Ore Values
The Bonanza King Mine was discovered in 1868 and it's part of Nevada's early mining history. Many examinations have been conducted on the Bonanza King Mine including "The Geology of the Bonanza King Mine, Humboldt Range, Pershing County, Nevada" by Cornell University, and the United States Geological Survey Bulletin 1356 which stated that most of the gold in the richest District in Nevada comes from the Bonanza King Mine.
Operations at the mine ceased in 1910 due to the inefficiency of the stamp mill technology of the time period to properly process the complex ores being developed, which is not a problem with current technology. At that time approximately 13,000 tons of ore were left unprocessed which is still on the surface today.
In 2009 Barrick Gold Corporation conducted a thorough survey examination of the Bonanza King Mine and took numerous assays of the surface material ore of which are included in this report.
- Silver (Ag): $403,200
- Barium (Ba): $3,399,000
- Calcium (Ca): $31,000,000
- Potassium (K): $1,750,000
- Rubidium (Rb): $26,136,000
Value per ton with top 4 elements: Ca $2562, Rb $2178, Au $516, Ba $253=$5509
Value per ton with top 6 elements: Ca $2562, Rb $2178, Au $516, Ba $253, K $483, Cs $450=$6542
Finders fee of 10% of all of these value, plus 55 more elements in the surface pile just think the cash to be earned.