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The GPAA Gold & Treasure Show in Onalaska, WI is on the 15th & 16th of OCTOBER, 2011
GPAA webpage
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The GPAA Gold & Treasure Show in Onalaska, WI is on the 15th & 16th of OCTOBER, 2011
GPAA webpage
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Information on gold prospecting in Wisconsin from the DRN
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2011 Hunts
Midstate Metal Detector Club 15th Annual Open Hunt (Wisconsin)July 30 & 31
July 30 & 31, 2011 Nekoosa, Wisconsin - MidState Metal Detector Club,
15th Annual Open Hunt and State Championship at Deer Trails Park Campground. Contact Steven Miller N3091 CTY RD B, Hancock, WI 54943 or email stmill@uniontel.net
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2011 WAUSAU PROSPECTORS OUTINGS
**REMINDER: No Meetings at the Cedar Creek Mall May through August.**
May 28th, 29th, and 30th: Portland Michigan, at the Sebewa Sand & Gravel Pit.
View and Print Flier
June 4th – Lions Park, along the Big Rib River, Marathon
City Wisconsin. View and Print Flier
June 18th: Nugget Lake near Plum City Wisconsin.
This is a Tomah G.P.A.A. Chapter Outing that we are invited to.
View and Print Flier
July: No Meeting or Outing scheduled at this time. Enjoy the
4th and go get some Gold.
August 6th & 7th – Snyder Park Campground, Neillsville
Wisconsin. View and Print Flier
October 15th &16th 2011 – GPAA Gold and Treasure Show
at Omni-center, Onalaska WI
**REMINDER: No Meetings at the Cedar Creek Mall May
through August. Sign up sheets and details for the Outings
will be provided at a later time.
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TOMAH WI GPAA CHAPTER
Meetings are held the 3rd Saturday of each month at 1:00 P.M.
The new meeting site for the Tomah chapter is in the Town of LaGrange town hall, located on Hwy 21, 1.8miles west of the Hwy 12 intersection in Tomah. The address is 22731 Flint Ave. , Tomah Wisconsin. 300+ members
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EASTON -- A Canadian company hopes to strike it rich by digging up an ancient rock deposit in eastern Marathon County that could hold as much as $168 million in gold.
Aquila Resources has notified the state Department of Natural Resources that it will submit an application for exploratory drilling in what is known as the Reef gold deposit in the town of Easton. The application to explore, once filed, is the first step in determining how much gold might extracted from the area.
It might sound far-fetched, but this is not the first time Marathon County has been scrutinized by prospectors. Another Canadian company, Noranda Inc., explored the deposit in the 1980s, but did not pursue mining because the value of gold at the time wasn't high enough to justify mining operations, said Ann Coakley, the DNR's director of waste and materials management.
"They determined the deposit was too small to be economical at gold prices then," she said.
Noranda did not share its findings with the DNR, but Thomas Evans, a geologist with the Wisconsin Geological and Natural History Survey, said previous research found that up to 120,000 ounces of gold, along with other minerals, could be buried within the Reef site.
When Noranda explored the area, gold was selling for about $350 an ounce. Today, it is worth more than $1,400 per ounce, meaning the Easton deposit could be worth tens of millions of dollars.
The higher price has some mineral companies taking second looks at gold deposits that previously have been explored, said William Cordua, a professor of mineralogy, petrology and oceanography at the University of Wisconsin-River Falls.
"The price makes some deposits more appealing that were dismissed before for one reason or another," Cordua said.
Aquila did not respond to interview requests, but Evans said the gold deposit, which is at least 1.8 billion years old, is considered to be a small one, and the gold veins underground are found at 45-degree angles, making extraction difficult.
The last metallic mine in the state, the Flambeau mine near Ladysmith, closed in 1997.
Aquila Resources has notified the state Department of Natural Resources that it will submit an application for exploratory drilling in what is known as the Reef gold deposit in the town of Easton. The application to explore, once filed, is the first step in determining how much gold might extracted from the area.
It might sound far-fetched, but this is not the first time Marathon County has been scrutinized by prospectors. Another Canadian company, Noranda Inc., explored the deposit in the 1980s, but did not pursue mining because the value of gold at the time wasn't high enough to justify mining operations, said Ann Coakley, the DNR's director of waste and materials management.
"They determined the deposit was too small to be economical at gold prices then," she said.
Noranda did not share its findings with the DNR, but Thomas Evans, a geologist with the Wisconsin Geological and Natural History Survey, said previous research found that up to 120,000 ounces of gold, along with other minerals, could be buried within the Reef site.
When Noranda explored the area, gold was selling for about $350 an ounce. Today, it is worth more than $1,400 per ounce, meaning the Easton deposit could be worth tens of millions of dollars.
The higher price has some mineral companies taking second looks at gold deposits that previously have been explored, said William Cordua, a professor of mineralogy, petrology and oceanography at the University of Wisconsin-River Falls.
"The price makes some deposits more appealing that were dismissed before for one reason or another," Cordua said.
Aquila did not respond to interview requests, but Evans said the gold deposit, which is at least 1.8 billion years old, is considered to be a small one, and the gold veins underground are found at 45-degree angles, making extraction difficult.
The last metallic mine in the state, the Flambeau mine near Ladysmith, closed in 1997.
