Why was the Comstock Lode important?
Why was the Comstock Lode important?
One of the most important mining discoveries in American History, the Comstock Lode in Nevada was the first major silver discovery in the United States and virtually ended the California Gold Rush. Davidson, the mines would yield more than 500 million dollars of silver and gold ore during the first decades.
What does Boomtown mean?
booming town
What was Comstock Lode group of answer choices?
Literal Meaning – The Comstock Lode refers to the large amount of wealth manifested in gold and silver in Nevada in 1859. When the lode was first discovered, many prospectors flocked to the region to stake their claim.
What was the purpose of the long drive quizlet?
What was the purpose of the long drive? To get the cattle to the nearest railway.
What was discovered in the Comstock Lode?
In the spring of 1859, after digging down to a depth of about ten feet, they found a gold-rich reddish quartz vein. Their discovery was actually part of the Comstock Lode, the Old Red Ledge. The four men are therefore credited with the rediscovery of the mine previously found by the Grosh brothers.
How did the Comstock Lode affect the West?
The Comstock Lode contributed to economic development in the west and to population growth in the region.
What is lode gold?
Lode gold is embedded in hard rock ore and must be mined with shovels, pick axes, jackhammers, and the like from open pit mines or mine shafts. Placer gold is residual gold flakes or nuggets that can be collected by panning or dredging.
Is placer gold worth anything?
In early 2016 it’s hovering around $39 per gram. But because placer gold isn’t pure gold, it’s typically 70 to 90-percent pure, your placer gold is only worth 70 to 90-percent of $39. Gold buyers are only interested in the actual amount of gold your selling them.
How much is a 1 gram gold nugget worth?
This would make a melted down single gram of raw gold worth about $58-$61 per gram. Quality natural nuggets of good size, purity and color will sell easily for about 10-30% over spot (currently $6 to $15 dollars per gram over spot price).
Does all black sand contain gold?
Leo- Very true, not all black sands will contain gold, ie the black sand beaches in Hawaii would probably be bare. Black sands (mostly iron) can be and usually is an indicator of gold, but not always. Rule of thumb is you will generally find black sand with gold, but not always gold with black sand.