Bryant RedHawk wrote:I'm thinking you will find that palladium Travis, as long as that area goes along with normal find conditions.
Yeah Pladdium is pretty rare, only found in about 20 places around the world, but one of those places is in Maine; so the odds are better than most that what I am seeing is indeed Pladdium. As the Geologists have said, the Platinum Group Metals are probably here, it is just that no one is testing for them. Nope...Travis is!
The strangest coincidence was, the day I first found Pladdium here was on March 20th 2019. It was on that day that Pladdium hit its record high of $1560.40 per ounce. That was $258.70 higher than gold per ounce on that same day. It has since dropped in price by about $100 an ounce, but still higher than gold.
But do not get me wrong, I could care less about mining and any money; I am more for the geological hunt more than anything. If I find something interesting in any stream, I just mark it on my sample maps, make some notations, and move on.
How prevalant the pladdium is, is yet to be determined, but I got the zinc formation limited to about 120 acres, unless additional tests turn up hot. Overall I am finding mineralization on about 2000 acres, with the quartz veins running about every 20-40 feet, with strike of 118 degrees, and a dip of nearly vertical at 85 degrees. None of this is a surprise. The Norumbega Fault line is located a mile from me, and runs at the same strike, and has a vertical fissure the same as the San Andrea's Fault Line.
I was surprised the copper was a bit low, along with lead and sulfur, but the iron should not have surprised me. I am finding ilmitite garnets in this area so bedrock in this area is laden with titanium.