Coat of Arms of Puerto Rico |
Its very name in English means Rich
Port and yes there is gold in Puerto Rico. Over seventy years before Puerto
Rico became an American Possession the Spaniards established a
mine on the Mami River
that the first Americans found as ruins in 1898. This old mine was discovered by W.A.
Shoemaker who was traveling all over the island in behalf of the American
Association of Manufacturers and the Philadelphia
Commercial Museums
on a commercial investigation of the island and its resources while on the
outlook for possible commercial ventures.
The old goldmine on the Mami River
was one of his discoveries.
Gold was discovered in the Central Highlands
of Puerto Rico in the early 16th century and there were several
gold mines operating until the end of the 16th century. For many centuries gold mining was missing
from the Island and wasn’t revived until 1828 when a
mine was established once again in the Central Highlands.
Gold was the first economy established on the island that
was shipped to Spain
when it was mined. These mining ventures
were built on the backs of the Taino Indians
who several times revolted against their Spanish conquerors until their
survivors were driven to the interior of the island where many of their women
were taken as wives by the Spanish sailors finally creating the present day
Puerto Ricans.
Gold is found in five different types of deposits on the island
of Puerto Rico as placer deposits,
copper skarns, porphyry
copper-gold deposits and acid-sulfate precious metal deposits. It is thought by the USGS that there is
plenty of opportunity to find additional deposits of gold on the island as well
as in the surrounding continental shelves.
While there is no real evidence of these deposits it is possible that
there are large bulk concentrations of gold in the intensively acid
sulfate altered areas. Many of the skarns
are accompanying tertiery intrusives and in many of the polymetallic veins
found in Puerto Rico and its offshore areas.
The first gold deposits worked by the Spaniards were
probably placer gold. These deposits can
be found associated with all the major rivers on the island that drain north
from the Central Highlands. Although
these deposits are mostly small it has been estimated that they may aggregate
as high as 1 million ounces of gold.
There are also placer gold associated porphyry copper-gold deposits of
the Utuado District where it is found in the small drainage basins of the
surrounding area.
It is also thought that several underground placer deposits
could be hosted in the many caves in the karst topography found on the north
side of island. Although these deposits
are probably small they could also be extensive and for the most part are
little explored unlike the surface rivers where there was extensive exploration
under the Spaniards during the 1500s.
Bullion Exchanges is a well known Bullion Retailer established in the heart of New York City's Diamond District.
ReplyDeleteThey have a wide inventory of products including, metals that range from the gold and silver to platinum & palladium.
Bullion Exchanges are offering an enormous selection of products appealing to 1st time buyers and for seasoned collectors.
Hello,
ReplyDeleteI'm a young entrepreneur who was desperately looking for a business loan to fund my project. Then I came to know Pedro, a loan man from the USA who granted me a loan of 4 Million USD with simple loan terms.
You can contact him on pedroloanss@gmail.com Or WhatsApp Call: +1 863 231 0632 to obtain your loan.