In
mineral exploration
Mining in the engineering discipline is the extraction of minerals from underneath, open pit, above or on the ground. Mining engineering is associated with many other disciplines, such as mineral processing, exploration, excavation, geology, and ...
, salting is the process of adding a valuable metal, especially gold or silver, to a sample to change the value of the sample with intent to deceive potential buyers of the mine.
Examples are the
diamond hoax of 1872 and the former Canadian gold company
Bre-X
Bre-X was a group of companies in Canada. Bre-X Minerals Ltd., a major part of Bre-X based in Calgary, was involved in a major gold mining scandal when it reported it was sitting on an enormous gold deposit at , East Kalimantan, Indonesia. Bre-X b ...
. Salting is an example of a
confidence trick
A confidence trick is an attempt to defraud a person or group after first gaining their trust. Confidence tricks exploit victims using their credulity, naïveté, compassion, vanity, confidence, irresponsibility, and greed. Researchers have def ...
.
See also
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Land patent
A land patent is a form of letters patent assigning official ownership of a particular tract of land that has gone through various legally-prescribed processes like surveying and documentation, followed by the letter's signing, sealing, and publi ...
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Mining
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic via ...
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Youngberg, Arizona
Youngberg is a populated place situated in Pinal County, Arizona, United States.
History
Originally called Goldfield due to the nearby gold mines, The Goldfield Post Office was established on October 7, 1893, with James L Patterson as its first ...
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Goldfield, Arizona
Youngberg is a populated place situated in Pinal County, Arizona, United States.
History
Originally called Goldfield due to the nearby gold mines, The Goldfield Post Office was established on October 7, 1893, with James L Patterson as its first ...
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Highland Park, Yavapai County, Arizona
Highland Park, also known as Highland Pines, is a populated place situated near Prescott and within the Prescott National Forest, in Yavapai County, Arizona, United States. Highland Pines is the promotional name associated with the Highland Par ...
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Mineral rights
Mineral rights are property rights to exploit an area for the minerals it harbors. Mineral rights can be separate from property ownership (see Split estate). Mineral rights can refer to sedentary minerals that do not move below the Earth's surfac ...
References
Confidence tricks
Mineral exploration
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