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Grenada, Grenada County, Mississippi
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John Quincy Adams, prospecting in New Mexico, accidentally ignites his powder-filled haversack with a prospector's glass, causing an explosion that reveals a rich ore vein. He sells a third interest for $16,000 and names the mine 'The Nick of Time.' (Source: St. Louis Globe-Democrat)
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Some of the best mines known have been discovered merely by accident while others, again, are the result of years of toil and labor. Then others, again, have been run across when the lucky individual whom fortune favored wasn't thinking of anything but falling into a gold mine. John Quincy Adams, a namesake of the great John Q., struck a rich mine somewhere down in New Mexico, in this way: While prospecting he found his haversack on fire, his prospector's glass having focused the sun's rays upon it. As the haversack contained about a dozen pounds of powder he dropped it, and got out of the way in a hurry. It fell into a crevice and a large mass of rock was thrown up. Adams returned mournfully to gather up what might be left of his effects, and found an exceedingly rich vein of ore which the explosion had exposed to view. He sold a third interest in his find for sixteen thousand dollars, and very consistently named the mine "The Nick of Time."--St. Louis Globe-Democrat.
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New Mexico
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John Quincy Adams discovers a rich mine in New Mexico when his burning haversack explodes in a crevice, exposing ore. He sells a third interest for sixteen thousand dollars and names the mine 'The Nick of Time.'