America's $250 Billion Gold Discovery In the Nevada Desert
America's $250 Billion Gold Discovery In the Nevada Desert In 1961, two Newmont geologists found gold in the Nevada desert that nobody could see. Not veins. Not nuggets. Microscopic particles disseminated through flat grey limestone — a hundred of them wouldn't span the width of a human hair. For over a century, prospectors had walked directly across it. The wagon trains of 1849 followed the Humboldt River straight through the middle of it on their way to California. Every canyon in Nevada had been staked, sampled, and written off. The gold was never hidden. It just didn't match what anyone thought gold looked like. John Livermore and Alan Coope found it by reading a USGS paper about thrust faults. What they uncovered became the Carlin Trend — the most productive gold region in North America, holding more than 107 million ounces, worth past $250 billion, roughly Germany's entire national reserve in a strip you could drive in an hour.

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