How to Turn Your Gold Finds Into Cash
March 2020 by Chris Ralph
Even if you are not ready to cash in right now, it might be good to evaluate your options and make a plan of action so when that day comes you know exactly what to do.
It’s worthwhile for the prospector using a metal detector to know a little bit more about the association of iron and gold as well as how iron minerals affect your metal detector.
You keep all you find at Ganes, with weekly tallies kept for a loose competition that I find helps motivate me. I seriously try to find more nuggets than anyone else in a given week, and usually make it or close to it.
Every year there are large nuggets found by the diligent, and occasionally by the lucky newbie.
Potholes in bedrock can trap placer minerals and even be glory holes. They are, at least, interesting geologic phenomena, and at best, a treasure trove of gold nuggets.
The first pieces found were in a spot that most gold hunters would not even detect, right in the middle of a downslope meadow.
Reaserch is a critical step in finding new areas.
I could see lots of quartz, both loose on the hillsides and in the numerous small prospect diggings. There was a small gold rush here more than a century ago.
The Bawl Mill • Ask The Experts -- How do I find the owners of patented property? • Ask The Experts -- Is it worth going after these rare earth minerals? • Ask The Experts -- Will a land mine detector work for gold? • My First Gold Patch • Caught Between A Hard Rock and A Rare Earth Place • The Potholes—California’s Oldest Known Mining District • Sampling for Success—Part I • Over The Divide: Annie Carol Robinson • Gold Prospecting for Better or Worse: If the RV’s a Rockin’, Please Come a Knockin’ • The Mid-Winter Nugget • Gold In The Midwest—Part III: Iowa, Missouri, and Kansas • Trump Proposes $1.5 Billion to Fund US Uranium Production • Mining Stock Quotes and Mineral & Metal Prices • Melman on Gold & Silver