Gold Indicators—What to Look for in the Goldfields
December 2018 by Ray Mills
Some of the items that I’m going to go over are outcroppings, ditches, exploratory trenches and contacts/surface materials. I am going to speak about each of the above items in as much detail as I can, and then towards the end of this article I will tie them together.
With the exception of well-established operators with proven reserves and years of field experience, the high price of gold brought a flood of speculators, con men, and real estate brokers into the mix who were not previously engaged in the gold mining market.
He began hiking my way and was as astonished as I was when he saw it. Another high five moment! It makes you wonder how long this gold had just been sitting there on the ground.
Most of us know making a profit as a small-scale miner is difficult; however, sometimes we combine luck with a little skill and bring home a few ounces of the yellow stuff.
In October, five of us decided to take an exploration trip into an area called Green Valley. This was perhaps ten miles upstream from where we had gone in September and the difficulty was access. One would think that based on the name it was an easily accessible area not far from a nearby town. This couldn’t be more wrong.
Kimberlite is very difficult for geologists to find, let alone prospectors and rock hounds. This is because kimberlite is rarely exposed on the surface and few people know how to identify the rock.
The pit was a classic one—exposed shale bedrock with all the material being washed out one end of the pit. Within a few minutes I had a nice mellow signal that was in open ground.
Their rewards were far better than they had anticipated, resulting in one of the best clean-ups they had ever seen.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts - LR 2000, ArcGIS, and other mapping applications • Ask The Experts - Advice for a new prospector in Placerville, California? • Placer Gold Deposits of Utah • Proven Strategies for Detecting Gold • Gold Prospecting for Better or Worse: Lesson Learned • Resurrecting An Old Hard Rock Mine • Time to Come Home • The Rest of the Story—Detecting With Ray Mills • Gold and Mining Stocks Will Rebound—But When? • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices