Palladium may well be an underexplored element and therefore an opportunity for prospectors and geologists. This is because they are often less than obvious and other than the native metals, a chemical analysis of samples is required to identify PGM-enriched rocks.

When we got set up and I started to swing the coil over a small mound, I got a good signal, faint but repeatable.

So, I took the plunge. I decided on the maximum I would pay for the claim, then placed my bid. A day later I received a congratulations e-mail that I was the high bidder, and oh, by the way, send us your money.