Salting (confidence trick)
Topic: Earth
From HandWiki - Reading time: 1 min
In mineral exploration, salting is the process of adding a valuable metal, especially gold or silver, to a sample from a mine to change the value of the sample with intent to deceive potential buyers of the mine.[1] Examples are the diamond hoax of 1872 and the former Canadian gold company Bre-X. Salting is an example of a confidence trick.
See also
- Land patent
- Mining
- Youngberg, Arizona
- Goldfield, Arizona
- Highland Park, Yavapai County, Arizona
- Mineral rights
References
- ↑ Siringo, Charles (1885). A Texas Cowboy, Or, Fifteen Years on the Hurricane Deck of a Spanish Pony. Pantianos Classics. pp. 19–21. ISBN 9781540575937.
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