Bayport International Holdings Inc. (BAYP)

[Sheeple O Plenty]

YES. But with a major difference. The Gold Rush Alaska deposits are more of an alluvial discharge, where glacier activity churned up the surface, and gold deposits were carried away as the glaciers melted.

In this case, its easIER to determine where to start looking as the gold would follow the path of the water, with the largest quantities where the slope "flattened out" and the water flow slowed down. AKA valleys.

The larger pieces gold would "fall out" and be left behind, and the smaller pieces would continue until the force of the water was such that it could no longer support them.

In the Utah area, the deposits are from volcanic activity. Imagine a Mount St Helens type volcano (stratovolcano) where lava and any other element is forced up a single centralized vent, resulting in ash and other particle debris to be scattered just like a person with a shotgun scatters pellets if they point it straight up.

The particles fall in "random" places, which means the debris field is not as easily found. If you've seen the show "Meteorite Men" you'll note how an asteroid debris field can be determined by the angle of the meteor and the approximate location of the impact.

Unfortunately with this particular placer deposit it is not that simple. So Bayport will have to take samples, see how much gold there is in the sample and determine from there what to do.