Salting (confidence trick)

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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, cheat or defraud any person. In the US state of Arizona it is a class 6 felony.[1] A famous example of salting is the former Canadian gold company Bre-X, which salted its core drill samples, leading investors to believe that they were in possession of one of the largest gold reserves ever discovered.

References[edit]

  1. ^ "44-1215 - Salting gold or silver ore to defraud; classification". Azleg.state.az.us. Retrieved 2009-07-22. 

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