Unpatented contiguous gold mining claims encompassing approximately 2450 acres. ~Oregon Dept. of Geology and Mineral Industries, "High Bar Placers of Pine Creek", April 22, *the average price of gold in 1953 was $34.84 per oz.
7 Jul 2016 Source: Amended Preliminary Economic Assessment, Metal Mining Consultants Inc., by the Oregon Department of Geology and Mineral Industries (“DOGAMI”). Declining gold prices and the perception of an unfavorable
Placer is an unincorporated community in Josephine County, Oregon, United States on Grave Creek a few miles east of Interstate 5. Established during the local gold mining boom, it is considered a ghost town. Of the $142.50 monthly salary 75%, or $106.875, was credited to the 'share' price. The 25% cash income was