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Salting (confidence trick)

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

  1. 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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