Wednesday, September 12, 2018 1:09:05 AM
The answer is surprising.
John Mackay became the richest man in the world, based of of just a short section of the Comstock (Virginia Consolidated). The Hearst fortune was based off just another section of Comstock (remember Citizen Kane, Rosebud) In fact the fortune started off of just 1/6th of the same mine, the Ophir, mentioned above for $83,000 ton ore.
"In the summer of 1859, Hearst learned of the wonderful silver assays of the "blue stuff" someone had picked up over what was to become the Comstock Lode, and sent to a Nevada County assayer. Hearst hurried over to the Washoe district of western Utah territory, where he arranged to buy a one-sixth interest in the Ophir Mine there, near present-day Virginia City. That winter, Hearst and his partners managed to mine 38 tons of high-grade silver ore, packed it across the Sierra on muleback, had it smelted in San Francisco, and made $91,000 profit (or roughly $2,500,000 in 2016 dollars). It was the sight of the bars of Ophir silver that started the rush to Washoe."
"His son insisted on taking control of one of his father's holdings, the San Francisco Examiner, which became the foundation of the Hearst publishing empire."
Ok this gets better, Hearst become one of the richest people in the USA from owning 1/6th of just one of dozens of small mines on the Comstock, and the first strike took 6 months to get 38 tons.
The Beta Hunt in one blast and 3 days of picking up the gold got over 3 times more ore (130 tons) and it was richer ore $84,000 a ton . And Beta Hunt owns 100% of the entire deposit. And is 100% owned by Royal Nickel RNKLF, the gold strike is even better than thought at first. The CC was great today. http://www.rncminerals.com/events?item=84
Here is a fantastic video interview with miners and them cleaning off the nuggets
Its great to see such a historic gold strike, put smiles on the miners.
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