While we are waiting for drill exploration results, don't forget that the company has extensive alluvial potentials............................................
Alluvial mining is an old technology, but it’s still fairly common today. Some mining companies use the technique, though it’s more often a source of income for individual laborers in areas like Africa and South America.
But what exactly is alluvial mining? Put simply, it’s the mining of stream bed deposits (also known as alluvial deposits) for minerals. These alluvial deposits are formed when minerals are eroded from their source, and then transported by water to a new locale.
When the sediments are deposited, they settle according to their weight, with heavier, more valuable minerals like gold, diamonds and platinum often being deposited at the same time.