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Rush expended 125 million troy ounces of gold, worth more than $50
billion by today's standards
More than 80% of the gold in the Mother Lode is still in the ground.
Gold is most commonly found and or mined in one of two kinds of deposits; Placer and Lode. Placer deposits are areas of free gold that have settled in pockets after being disturbed and moved by many years weather facilitated erosion. Lode is gold found in viens buried deep underground in quartz deposits. Placer gold is mined using panning, sluicing, or dredging. Lode is mined using conventional "deep shaft" hardrock.
24 Grain = 1 Pennyweight
or 1.55 Gram
20 Pennyweight = 1 Ounce
or 31.10 Gram
12 Ounce = 1 Pound
or 373.24 Gram
Pure Gold (AU) = 24 Karat
or 1000 Fine
In 1854 the largest gold nugget ever found was in California at Carson Hill above the Stanislaus River. It weighed 195 pounds and was valued at $43,534 in the currency of the day.
Since the dawn of civilization, gold with its radiant sun yellow texture and metallic luster has fascinated and captivated mankind. The unique coloration of gold catches the eye, enabling the seeker to detect tiny grains in an aggregate of other materials. The smallest flakes and grains are easily visible.
Pure gold is relatively soft--it has about the hardness of a penny.
A relatively rare native metallic element, gold ranks fifty-eighth in abundance amongst the ninety two natural elements that compose the earth’s crust. Although considered a rare element, of all metals Gold is, with the exception of iron, the most broadly distributed over the planet.
Gold is said to be so rare that the world pours more steel in an hour than it has poured gold since time began.
A one-ounce gold nugget is more rare to find than a five-carat diamond.
The amount of gold nuggets being found in the world is less than one percent.
Even though gold is rare, it is far easier to find than winning a major state lottery.
Because of its rarity, a gold nugget can be worth three to four times the value of the gold it contains.
An authentic gold nugget has long been considered a gemstone because of its rarity and beauty.
Gold is so heavy that one cubic foot of it weighs half a ton.
Gold is six to seven times heavier than other materials that equal its size.
The largest gold nugget found in the U.S. weighed 195 pounds; it came from California.
Gold can be hammered so thin that sunlight can shine through it.