Silverado Gold Mines

60 Minutes just rebroadcasted a show last Sunday night about China and Rare Earth Metals. Keep in mind China has also reduced export sales of Antimony to the world. And I seem to remember that several counties have now classified it as a strategic metal.

Silverado Gold Mines discovered 4 massive Antimony-Gold veins from Workman's Bench tunnel (see pic below). Todate, to my knowledge, Antimony has never been found in such rich concentration, 4 massive veins, anywhere else in the world!! I actually got to hold a block of pure Antimony as found in nature (see pic below), when I visited their office several yrs ago.

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60 Mintues

Rare Earth Elements
From smartphones to cars and defense missiles, modern U.S. life depends on rare earth elements but China dominates the industry

What do cars, precision-guided missiles and the television you're watching right now have in common? They all depend on something called rare earth elements, unusual metals that are sprinkled inside almost every piece of high-tech you can think of. Most people have never heard of them. But we have become so reliant on rare earths that a few years ago, an intense global power struggle broke out over their free flow. The reason is that one country has a virtual monopoly - roughly 90 percent -- of the mining, refining and processing of rare earths -- China. And in 2010, it used that power to disrupt the world's supply. As we first reported last March, it's especially troubling, because it was the United States that started the rare earth revolution in the first place.

http://www.cbsnews.com/news/rare-earth-elements-china-monopoly-60-minutes-lesley-stahl-2/

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GRIM REAPER
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