MLA 54-82 - Mineral Resource Potential Of The Rubicon Rare II Area (No. 5026), El Dorado And Placer Counties, California ? Summary

In 1981 the U.S. Bureau of Mines and U.S. Geological Survey conducted a mineral survey of the 5,100 acre (2,065 ha) Rubicon RARE II area (No. 5026) in the El Dorado National Forest (fig. 1). Work by the Bureau of Mines indicates that potential for mineral resources in the area is low. Samples from small gravel deposits along the Rubicon River and from favorable structures in the area contained smart amounts of economic minerals. A Tertiary river channel near the north area boundary contains gold values as much as $137.60 per cu yd ($180 per cu m) [(gold at $400 per troy oz ($12.86 per g)]. The channel does not cross the study area. Energy resource potential, including oil, gas, or geothermal, does not exist in this geologic environment.