Hunting Down Paystreaks
April 2018 by Chris Ralph
When I teach people about finding gold, I often explain that it is helpful to think of any river or stream that carries gold as being something like a sluice box.
Even though they have put down thousands of dollars, the buyers often stop paying on their claims part way through the process after they realize they’ve been duped, but the company just sells it again to another buyer.
The burning question I needed answered was why didn’t the deposit ever get mined of at least one of the valuable minerals? A couple of reasons have come to light.
The old report I read indicated all they ever did was dig some trenches and take samples. It sounded to me like a good place to take my metal detector...
...more folks rolled in on Saturday morning and many were eager to venture out onto the Sleepy Bear property—all 415 acres—and try their luck at finding some gold.
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.
Some of the gold is placer that was beat up as it traveled; however, quite a bit of the gold is pocket gold that is running along the surface in this area.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts - What Do I Look For and How Do I Sample? • Ask The Experts - Prospecting Around Graeagle • Deep Nuggets From The Strange Little Patch • We’re Still Thinking About It • Springtime Sampling In The High Desert • How to Evaluate Mineral Claims—What to Know Before You Buy • Dredging Safety: Don't Ignore The Warning Signs • Russian Plane Spills 3 Tons of Gold on Runway • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices