Tuesday, August 17, 2010

History of moiling for gold

The thing about the great Klondike gold rush of 1898: they never found the source of the gold. All the gold that came out of Bonanza Creek and the other gold beds was alluvial. That is, erosion had washed it downstream from somewhere else and left it scattered down the streambeds.

Shawn Ryan, itinerant prospector, after years living on the modern equivalent of hardtack and beans, may have found the source. Apparently his share options alone represent a motherlode.  He's so much better off he can afford to move from Dawson to Whitehorse, and it makes him feel like Jed Clampett.
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