How to Get Started as a Gold Prospector
February 2008 by Chris RalphThe surging price of gold is attracting a whole new generation of prospectors who are looking to find a bit of natural gold out in the hills. It’s certainly a lot different than it was six or eight years ago when gold was stuck below $300 per ounce.
Tabling and jigging are two relatively inexpensive methods of recovering the “free particle values” from the noble metal ores. However, not all ores contain their values as free particles. In fact, many gold ores contain appreciable amounts of “metallic gold salts,” some of which readily dissolve in the system water and continue to migrate right along with it.
During the Indian Wars in 1874, General George Custer and his men camped on French Creek in the southern Black Hills, near the present site of Custer, South Dakota. Two of his men found placer gold in French Creek. Word got out, and before long, a party of prospectors arrived. However, the government had signed a treaty with the Sioux Indians to stay out of the Black Hills. This led to prospectors sneaking in and working creeks all over the region at their own risk.
Don’t bother eyeballing that rock for silver! Even if it’s high grade you’ll not see the familiar dime or quarter coin color. Native silver is almost as rare as brass ore. Well, if it’s so hard to find, is silver worth looking for? You bet! Just check the latest prices—and they may go higher.
The Kootenai Tribe has joined Idaho Attorney General AI Lance's suit against the U.S. Forest Service over the Clinton administration's bid to set aside millions of forested acres in the state.
The International Monetary Fund is reconsidering selling some of its gold reserves to help finance a Western debt-relief plan for some of the world's most debt-burdened countries, a top IMF official said.
Our initial thought is simply this: why create these artificial currencies, unbacked by any material wealth, when the two items that worked so well century after century—namely gold and silver—are still fully available?
The Bawl Mill • Gold Deposits of North Carolina • Turning Waste Rock Into Profit • Dredging the Mokelumne • Sunshine Mine is Up and Running Again • Gold at Ponderosa • The Juneau Goldfields • Wham Hill • Golden Sunlight Seeks Expansion • Washington Gold & Fish Regulations Update • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices