Mineable gold confirmed west of Casper
Wyoming doesn’t have the reputation of being a gold mining state, but that might change if a company called Evolving Gold is right in its bet on a prospect west of Casper.
“Wyoming is known for not having any significant gold, and this discovery changes that,” said Evolving Gold CEO Bill Gee, “It’s only in the last couple of years that the importance of this discovery is clear.”
The deposits he is talking about are around Antelope Flats in the Rattlesnake Hills about 60 miles due west of Casper.
“It has some similarities in the overall geology to Cripple Creek, in terms of its association with the age of rocks, and kind of rocks,” Gee said, in reference to the Colorado mine that produced over 2-million ounces of gold between 1994 and 2005, and is projected to produce another 3.5 million by 2016.
“There’s different families of gold deposits, and it would be in the same family as that, but many differences also in terms of size and mineralogy,” Gee added.
Gee is not alone, however, in making the comparison to Cripple Creek. Former Wyoming Geological Survey Geologist W. Dan Hausel who explored the area for the state in 1981 did as well.
“This was an economic geologist’s dream” Hausel wrote of his finds 30 years ago. “The geology couldn’t be any better for discovery of major gold deposits, and it was unexplored in modern history.... It is likely that some 1 million ounce gold deposits will be outlined in the near future.”
Evolving Gold is not the first to try the area, with American Copper and Nickel drilling 32 test holes in the 1980’s, and Newmont Mining Corp. drilling 14 in the 1990’s. For various reasons, both companies abandoned the effort. It is not unusual, however, for another company to try again with a different or more substantial plan.
According to information released on the Evolving Gold website, they are drilling deeper than the previous companies, and the test cores for their Rattlesnake Hills project show some strong potential. They report gold amounts of between 1.25 and 10.8 grams per ton (gpt) in some rock samples (which compares with the Cripple Creek’s reported average of .56 gpt).
“They clearly have a deposit,” said Geologist Jon Kaminsky, the assistant field manager at the Bureau of Land Management’s Lander Office. “They have numerous core holes that have, what I would say, is an encouraging number of intercepts with mineable grades of gold.
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“We look very closely at the rock intercept, and of course we assay them for gold and a host of other elements, and try to unravel the mysteries of the geology to find where there's gold concentrations.” While the company reports 14000 acres in claims,
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By Michael Gold is one of the rarest metals in the world and has a long history as a valuable and intensely sought-after element. Gold has served as the basis for physical currency for thousands of years and many monetary systems throughout human
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