By Mark Bolenbaum | Bleacher SportsPublished September 15, 2018|0More than $500 million in gold from a remote site in California’s Central Coast has been found, prompting fears that the country’s largest gold rush has been lost.
The discovery of a gold mine, located in a remote, rocky area near the remote town of Pebble Creek in northern California, is a major win for conservationists, who say that the potential economic benefits of the discovery are immense.
The gold, believed to be nearly 3,000 tons, was discovered last year by a mining company called Gold King in a rocky area known as the Pebble River Basin, where water from a nearby lake flows into the area.
The discovery was made by local officials who were looking for gold in the area, according to the Los Angeles Times.
The company said that the gold was being held in a warehouse that it owns.
Gold King CEO and founder Peter Stahl told the Los Angles Times that the company had been looking for an alternative source of gold for several years.
Gold King, which operates mines in the state, had been working to find gold near the Pebble Basin since 2016.
“We’ve been working hard with the local government and the local tribes and the people that live in that area, trying to find a way to use this for a mining operation,” Stahl said.
“We just haven’t been able to get there.”
Stahl said that Gold King had been in discussions with a group of mining companies that wanted to mine the gold, but that the decision was made to sell the mine.
“It’s just a shame that the Pebble basin is not a natural habitat for gold mining,” he said.
“But we’ll continue to work on it.”
The discovery was not the first time that Gold Queen had been involved in the mining of gold in California.
In 2014, a large gold mine in the same area was found by miners using a new technique that required the extraction of gold at a rate of 4 million ounces per hour, according the Los Angelos Times.
The company said it had invested $250 million in the development of a mining facility.
The mine was the second mine to be found in the Pebble area, and the first to be used to mine gold, according, the Los Vegas Review Journal.
The Pebble Creek Gold Mine, located near Pebble Creek, California.
The facility that was built to mine Gold King’s gold is known as a “high-pressure mine.”
The high pressure in the mine can compress the gold to more than 5 million pounds per hour.
The Gold King mine has been a hotbed for gold extraction, and it is believed that the mining company was the first in the U.S. to begin extracting gold from the area in 2016.
Gold Kings mine began operations in 2013, but it was not until 2017 that a small group of miners and contractors began mining gold.
The operation was halted in late 2018, when a contractor died while trying to mine a mine.
In 2018, a new mine was discovered in the nearby town of Hoa, which has a population of roughly 7,500 people.
The Hoa Gold Mine is located about 50 miles north of the Pebble site.
According to the mining website, Hoa is a mining town of 3,500 and a tourist destination for visitors, including the president of the United States.