Gold Hunting on Libby Creek
January 2018 by Reese Townes
The biggest nugget I have found detecting here was three grams and the following weekend someone found a 9-gram nugget while detecting. Some have even found quarter-ounce nuggets, with one being a chevron nugget.
Their rewards were far better than they had anticipated, resulting in one of the best clean-ups they had ever seen.
Most of our gold recoveries have been in the cracks of the bedrock. Hot rocks in the form of dikes cross the creek at various locations, causing us to skip those areas.
Once indicators start showing up along or below a contact I start to get excited. When I have shale, and outcroppings of diorite with iron-red, gritty soil and some clay thrown in, I really get lightheaded. I may be a mile away from the nearest diggings but that’s okay. I just found a spot that could provide some nice nugget hunting.
I detect in a wide array of situations. I like to search for places that no one has been to. I really like to find areas that have never been worked at all.
It all started with a phone call from my friend and prospecting partner Pat Keene. He told me that he knew of an investor who was just starting out in the gold industry and was looking for a gold consultant to go to Africa to prospect and analyze a 400 sq. mile concession in the middle of the Congo rainforest. I waited for the “just kidding” line...
While the bullion value of the nugget is already substantial, the size and rarity of the Ausrox Nugget combine to make its worth invaluable in the collector market.
This is just the type of specimen that could have been easily ignored by the old-time miners. It felt a little heavier in my hand than a chunk of quartz of that size ought to have been.
The Bawl Mill • Legislative and Regulatory Update • California: The Land of Big Nuggets—Part II • How to Interpret Assay Values • Bedrock Nugget Hunting: Tools of the Trade • A Primer on Bitcoin and Other Cryptocurrencies • PLP and MMAC Update • Man's Best Friend • An Interview with Minelab Engineer Mark Lawrie • Third Largest Nugget in Existence Returns to Dallas • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices