OAU’s Awaiting Court Ruling
It has been a long, time consuming and costly process, but the post hearing brief has been submitted. A ruling should be handed down in approximately 30 days.
It has been a long, time consuming and costly process, but the post hearing brief has been submitted. A ruling should be handed down in approximately 30 days.
I would like to refer back to my opening statement and reiterate that time will be the judge of how well we have presented our case here. The operator asks that the evidence and testimony presented in this hearing be reviewed in real-world terms, not in terms of the speculative world into which MSHA has chosen to move over the past four to eight years. We have seen that a [...]
Original Sixteen to One Mine, Inc. (Pacific Exchange symbol OAU), has experienced unreasonable heavy-handed enforcement by the federal Mine Safety and Health Administration (MSHA) for the past two years (see ICMJ January 2000 issue). The publicly listed company operates a traditional underground gold mine, which has continually produced gold since 1896. Federal law stipulates a complex method for operators to challenge violations of MSHA regulations. Most companies pay the penalties [...]
Good News From Alleghany MSHA lifts its closure order on January 17, 2000. Eight days later miners locate and produce a small but significant concentration of gold. February 22, 2000 - Company ships dore bars to refinery for first time in five months. Total gold production for first quarter ending March 31, 2000 was 686.71 fine troy ounces. The 10-KSB is timely filed with the SEC New metal detector proves [...]
In the Malakoff diggings of California's Sierra Nevada lies the wreckage of an old dream. It is a bizarre man-made canyon sculpted into grim spires and fins, cream-white surfaces streaked with red, the whole tortured architecture capped by a fringe of nearly black forest. More than a century ago miners sent water racing down the Sierra through networks of ditches and wooden flumes. The water, building pressure with every mile, [...]
Sixteen to one is the arbitrary ratio of the number of ounces of silver equal in value to one ounce of gold in the bi-metallic monetary system established by Portugal in 1688. The ratio had profound effects on the world's monetary arrangements for many years, and was adopted by the United States of America in 1792. The sixteen to one system was dropped by the United States in 1873, enraging [...]
Geologic research in the fields of thermodynamics, geochemistry and plate tectonics during the past 20 years has greatly improved our understanding of crustal evolution and the distribution of metals in the earth's crust. Throughout the world in Canada, Africa and Australia, major gold deposits are found within a suite of rocks referred to as greenstones. The name greenstone refers to the color of the rock acquired during metamorphism: greenschist facies [...]
PLEASE TAKE NOTE: Internet-generated directions to Alleghany (such as those retrieved from Google Maps) are NOT recommended! GPS is not accurate, either, as most units attempt to take you by the shortest route - which almost always means an unpaved, unmaintained dirt road fit only for 4W Drives. Please use the map provided below!
PROSPECTUS OF THE GOLD CROWN MINING CORPORATION ALLEGHANY, CALIFORNIA LOCATION The Gold Crown Mine is located in the Alleghany Mining District, Sierra County, California, at an elevation of approximately 4,300 feet. It is about one fourth of a mile from the town of Alleghany, and thirty-nine miles North-East of Nevada City, with which, connection is made by highway, and two mountain roads, both of which pass directly through the Gold [...]
The Brown Bear gold mine is located within the Deadwood - French Gulch Mining District of Trinity County, California, approximately 30 miles west-northwest of Redding. At the brown bear mine, approximately 400 to 500 thousand ounces of gold were produced during the period from 1876 to 1950 from a series of quartz veins that range in thickness from 18 inches to 20 feet. Although no calculated ore reserve exists at [...]
Newsletter to the shareholders of the Gold Crown Mining Corporation THIS REPORT IS COMPILED TO ORIENTATE THE SHAREHOLDERS OF THE GOLD CROWN MINING CORPORATION, AS TO THE PAST, PRESENT, AND PLANNED FUTURE OPERATION OF THE GOLD CROWN MINE. ON JULY 20, 1953, A QUARTZ VEIN WAS STRUCK AT THE 1,510 FOOT POINT IN THE EXPLORATION DRIFT, AT THE LOWER WORKINGS, WHERE THE MAIN OPERATION OF THE MINE IS NOW IN [...]
After a long and colorful history, the renowned Sixteen to One gold mine at Alleghany, Sierra County, was shut down in December 1965. This was only after a long but vain attempt to surmount the difficulties that have beset the domestic gold mining industry since World War II. The production of this, one of California's outstanding mines, is estimated to be at least $35 million in gold valued at $35 [...]
We are advised that with proper evidence we may be able to break the stranglehold that the majority stockholder now has on the corporation. We are gathering funds to enable our attorney to bring legal action. The papers are now being prepared and a suit will be filed as soon as it is evident that we have your financial support. We will prosecute this case to the full extent possible, [...]
OUTLINE OF THE REPORT Lode mining in the Alleghany district began as early as 1853, and it is estimated that the total lode production from the veins of the district has been in excess of $20,000,000 ( all dollar amounts are calculated at $20.67 per ounce). The principal veins have northerly strikes with gentle easterly dips and follow minor reverse faults. The paragenesis of the vein minerals indicates three stages [...]
Clarence H. Gordon Sir: Your statements and actions are very cleverly sprinkled half-truths and lies. It is indeed a wasteful shame that such talent isn’t being put to better use than to try to oust Mrs. Duke from that which is rightfully hers. You state, “without knowing if the gold Crown can produce gold in sufficient amounts to return dividends”. The Gold Crown last year did produce and a shipment [...]
Under the initial eyes of the Department of the Interior, United States Geological Survey, Waldemar published Professional Paper 73 in 1911. To many, 1911, represents the historical past. To California gold miners, it is an important part of the story of gold with present day implications. Does anyone believe all the placer and lode gold deposited in the Sierra Nevada is gone? NO. Just how much remains buried in one [...]
Mr. Wittkopp was hired to evaluate gold targets for upcoming development. In 1993 the Company was flush with gold, debt free and had excellent equipment, manpower and supplies at its disposal. The crews were locating and sacking hundreds of ounces of gold weekly, including the $1,000,000 day. Several 10,000-ounce pockets were yet to come. Management felt it was appropriate to choose a long-range project. The following report identifies a portion [...]
THE TERTIARY GRAVELS OF THE SIERRA NEVADA OF CALIFORNIA by Waldemar Lindgren USGS Professional Paper 73 RELATIVE VALUE OF QUARTZ GOLD AND PLACER GOLD Observations in all parts of the world have shown that placer gold is always finer than the gold in the quartz veins from which the placers were derived. The explanation is that the silver alloyed with the gold is dissolved by the action of surface waters. [...]
Grass Valley (cal.) Oct. 22- The discovery of Bonanza ore in the South Fork mine in Forest city is considered one of the greatest strikes ever made in this district, and if the vein ultimately proves to be the great Tightner ore body, as everything indicates, it will mean the development of a giant property. The South Fork is owned by Los Angeles people and work has been moving ahead [...]
Years ago the mining public knew the answer. Today most United States gold production originates from low-grade open pit ore deposits (± .04 oz. per ton). The company's mineral deposit represents a premier high-grade gold mine. The following table illustrates twenty years of production, whereby high-grade ore exceeded one ounce per ton. High-Grage ProductionbyOriginal Sisxteen to One Mine, Inc. YEAR POUNDS OFPRODUCTION OUNCESPRODUCED NETRETURNS* NET RETURNS@ $385.00/OZ. % [...]
MINES AND MINING- Activities in the ore districts of the Great Southwest. SPECIAL CORRESPONDENCE OF THE TIMES Los Angeles Times 1886; Sept. 5, 1909; ProQuest Historical Newspapers Los Angeles Times (1881-1976) Pg.II10 Local man at Grass Valley. Nevada City (cal.) Sept.3- Benjamin Fenton, a Los Angeles real estate and mining man, has been in this section several days looking over mining properties and other interests. He is highly impressed with [...]
California's largest high-grade pockets were mined in the Alleghany Mining District. State Geology Bulletin 193 published the following chart. Two recent discoveries are added. The total value was calculated using the historical price of $20.67 per ounce. The highest pocket at today's price would be $27,800,000. Of the twenty-five pockets listed, twelve came from mine's owned by the company and sixteen are from Alleghany. Few gold companies and gold [...]
A judge has thrown out the case against two Sierra County gold miners charged with manslaughter after a fatal accident more than two years ago. The ruling Thursday in Downieville Calif., cleared Michael Meister Miller, 60, president of the Original Sixteen to One Mine in Alleghany, and mine manager Jonathan Farrell, 32, of responsibility for the death of Mark Fussell, 36. Fussell was operating a locomotive deep in the mine [...]
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A judge has thrown out the case against two Sierra County gold miners charged with manslaughter after a fatal accident more than two years ago. The ruling Thursday in Downieville Calif., cleared Michael Meister Miller, 60, president of the Original Sixteen to One Mine in Alleghany, and mine manager Jonathan Farrell, 32, of responsibility for the death of Mark Fussell, 36. Fussell was operating a locomotive deep in the mine [...]
1849 Beginning of the California Gold Rush 1852 Placer Mining began in the Alleghany District with the discovery of the first gold by Hawaiian sailors. 1853 Earliest report of lode mining (Rainbow and Irelan mines) 1861 Peak of placer production in the Alleghany district. 1870 The Placer Act limits placer claims to 160 acres. 1878 - Dec. 4 Bald Mountain (281 acres) claim verified, located about 1859. 1882 A 1000 [...]
A judge has thrown out the case against two Sierra County gold miners charged with manslaughter after a fatal accident more than two years ago. The ruling Thursday in Downieville Calif., cleared Michael Meister Miller, 60, president of the Original Sixteen to One Mine in Alleghany, and mine manager Jonathan Farrell, 32, of responsibility for the death of Mark Fussell, 36. Fussell was operating a locomotive deep in the mine [...]