Gold production in Mexico and gold investment benefits? Speaking of gold, it is easily the oldest form of currency in use on earth. It was used by our ancestors centuries ago and is still used today, its mention can even be found in the epics of Hindu mythology which highlights the position that gold holds in the Indian and especially Hindu culture. It is considered as a carrier of good luck and thus is gifted to the new brides and other important milestones of life as well. Therefore, one of the tools which are popular for this purpose is the financial investment which allows a person to multiply his savings by investing it into one of the multiple options available like mutual funds, real estate, gold etc.
Although the U.S. dollar is one of the world’s most important reserve currencies, when the value of the dollar falls against other currencies as it did between 1998 and 2008, this often prompts people to flock to the security of gold, which raises gold prices . The price of gold nearly tripled between 1998 and 2008, reaching the $1,000-an-ounce milestone in early 2008 and nearly doubling between 2008 and 2012, hitting around the $1800-$1900 mark. The decline in the U.S. dollar occurred for a number of reasons, including the country’s large budget and trade deficits and a large increase in the money supply.
Starcore International Mining and El Creston Property development news: The Red Hill Deep Zone refers to a 750 metre long x up to 400 metre wide and open zone of molybdenum and copper mineralization hosted within Laramide intrusive breccia and quartz monzonite porphyry located at depth below the eastern half of the Red Hill Zone. The top of the zone is in part above the bottom of the proposed open pit. Eight drill holes have tested the zone. Results include a 241.35 metre section averaging 0.088% Mo commencing at a downhole depth of 253.15 metres. Find additional info at gold investment in Mexico.
Toiyabe contains at least two strongly mineralized fault zones with strong gold values on surface and in drilling. This evidence demonstrates the potential for gold-mineralizing fluids to travel from a deeper source through reactive, lower plate, carbonate rocks to the shallow mineralization encountered to date at Toiyabe. Several deeper drill holes have encountered low to moderate gold mineralization erratically distributed through comparable stratigraphy in nearby producing mines. Although the necessary structural complexities and traps required to host a large economic gold occurrence have yet to be encountered, a recent re-interpretation of stratigraphy and structure by Paul D. Noland indicates that this environment likely exists within the Toiyabe project boundary and may be responsible for at least some of the mineralization encountered within less favorable, upper plate lithologies.
At depth in the San Martin area the Guadalupe vein was found in late 2007. This vein is sub parallel with the San Martin segment is narrower, more vein like and somewhat higher grade than the San Martin structure at the same elevation. Drilling and lateral development are being used to prove reserves in this vein which indicates the potential for other similar structures. Discovered in late 2007, this vein is a sub-parallel vein to San Martin located below level 8. Drilling and lateral development are being used to prove reserves in this area which indicates the potential for other similar structures. Read more details on here.