Can gold been found in Arizona?

Answer 1

Arizona Gold:Without locating the Lost Dutchman's Gold Mine and adding it to my conservative estimate of $8,478,000,000.00 which may not even come close to the actual value, the methodology used to obtain that figure should be weighed and considered. Methodology:

1. Gold has a has a value of $1,413.00 per ounce today (30 March 2011).
2. Arizona contains no less then 6,000,000 residents (US Census of 20010).
3. Copper production in Arizona continues with a projected 50 years of reserves available and Gold is a significant byproduct of this production and although disclosure is not made by the mine owners of its value, it is "substantial".
4. Dental Gold, in use, available for use or buried with its former users is still gold in Arizona and could be extracted.
5. Wedding bands, necklaces, jewelery, watches, and even plated or gold washed, is gold, is in Arizona and must be counted.
6. There are thousand of numismatic collections in the state with some gold coins in them and hundreds of coin dealers with at least a couple dozen coins in their inventory.
7. There are at least some Arizona museums with gold artifacts.
8. Every pawn shop contains gold in some form.
9. Jewelry stores, mercantile companies and mineral collections need to be checked out.
10. Finally there are thousands of safe deposit boxes and odd bureau drawers and coffee cans that require scrutiny.

Viola! Six million residents with an ounce of Gold each times $1,413 each and you have reached the magic estimate.