Q2. Salting of an ore is done by?
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In mineral exploration, salting is the process of adding gold or silver to an ore sample to change the value of the ore with intent to deceive potential buyers of the mine. In the US state of Arizona it is a class 6 felony......♡
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Salting of a mine also known as Confidence Trick is a process of doping mines with valuable metal such as gold or silver.
Salting of a mine is done for the following reasons -
- To increase the value of the mines.
- This is done to deceive the potential buyer of that mine.
Incidents -
- Great Diamond Hoax - Two prospectors sold a false American deposit to buyers from San Fransisco and New York.
- Bre-x - Bre-x was a group of companies that were involved in a major gold mining scandal.
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