A New York-based company proclaimed last week its initial testing of a Clay County mining web site might have found a promising vein of gold.
Brazil Gold corporation, a pursuit and development company, aforementioned in the news unharness its tests at the Brown Mine project in Clay County have found a gold concentration of concerning 3.5 grams per tonne.
This year, FAL Minerals and Brazil Gold proclaimed a minerals and royalty agreement on the Alabama project that affects concerning 17 acres. Each firm believe the property “has the potential of changing into commercially-viable,” Brazil Gold proclaimed.
Calls to Brazil Gold were not straightaway come.
Currently, the Brown Mine operation is removing soil and exposing rock. Brazil Gold is expecting any takes a look at results over consequent few weeks.
In 1828, gold was discovered in Clay County and has been deep-mined at variable times since the 1830s. Total gold production within the space is calculable at 55,000 (oz).