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5
Apr

California Gold Rush Miner Traffic

California Gold Rush Miner Traffic

This site said a new 12 month traffic record in March 2017! Yes, this site had over 22,000 unique visitors just last month!

For the last three months this site has generated an average of over 20,800 unique visitors!

California gold rush miner

 

I’d like to say thanks to all my readers and subscribers for making this website so popular!  naturally I continue to post or videos  of our local San Diego and Arizona gold prospecting adventures.
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30
Mar

Australian goldmine prospectors

Australian goldmine prospectors

Australian goldmine prospectors dug with bulldozers and excavators to large gold nuggets. In the detection area the nuggets are picked up with the metaldetector.

Excellent video. Really beats watching the staged drama we have here in the US. Todd, Tony & Parker struck a deal in 2016 to up their salaries from Discovery to $1M each per season, plus $100K per episode. Naturally, they have to keep it dramatic. Yea, this was refreshing. Read more »

16
Mar

Gold Price Jump

Gold Price Jump

Wow, what a day today the gold spot price jumped over $25 an ounce! It would seem that the big jump in gold was predicated by the fact that the Federal Reserve Board said it would gradually increase interest rates.

So far this year the gold spot price is up approximately 7%!

Gold Price Jump

Usually, interest rate hikes are negative for the price of gold. So, I guess today is the exception to the rule.

 


 

 

Gold Price Jump

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16
Mar

How gold is formed

How gold is formed

The consensus view from geologists and scientists on owl gold is formed is that fluids deep in the crust are heated by the Earth’s internal heat. … The fluids moved through the rocks over a large area and “dissolved” the gold. When these fluids cooled or reacted with other rocks the dissolved gold precipitated (came out of the fluid) in cracks or fractures forming veins.

Gold may occur as deposits called lodes, or veins, in fractured rock. It may also be dispersed within Earth’s crust. Most lode deposits form when heated fluids circulate through gold-bearing rocks, picking up gold and concentrating it in new locations in the crust. Chemical differences in the fluids and the rocks, as well as physical differences in the rocks, create many different types of lode deposits. Read more »

7
Mar

Arizona gold prospecting drone UAV

Arizona gold prospecting drone

Arizona gold prospecting in the Yuma area. The first step in gold prospecting  is to do your research, then it’s time for the fieldwork and to actually go out to various locations and do sampling to determine first, if there is any gold, and second if there’s enough gold to make it worthwhile to set up all your equipment.

When you’re out in the field, obviously, you’re looking for signs of prior gold prospecting, old mine tailing piles, stacked up rocks by the side of a  dry wash and naturally, rust stained quartz veines. Read more »

2
Mar

San Diego Gold Mine

San Diego Gold Mine

This video was originally broadcast November 2014 by local CBS news station (KFMB).  The Golden Chariot Mine was one of San Diego County’s largest producing gold mines back in the day with a reported gold production of one million dollars. The news story reports that the mine was recently bought by three investors, so perhaps ore cartloads of gold will once again come rolling out of the Golden Chariot Mine tunnels and shafts.

James Henry: “A few years ago when the mine was still on the market, we did go onsite and look around.  Yes, there was a lot of equipment still in the mill building — a shaker table seemed to be one of the biggest items from what I can recall.  Most of it seemed to be junk, but I don’t know that much about what equipment would be salvageable or not.  The two vertical shafts I saw were totally flooded.  One of those shafts is 600 feet deep, I think.  Pumping out the mine would be a major undertaking.” Read more »

7
Feb

Gold Mine Dangers – Prospecting Hazards

Old gold mine dangers that can kill you!

Never enter or even go near old gold mines . . . Nothing is worth losing your life over! sure, we all know there ccan be loose rocks deteriorated wood roof supports,, nails, sharp objects as well as poison gas. But old gold mines are also popular homes for snakes, bats, spiders and large animals like mountain lions,, bears wild pigs and bobcats.

I would bet that you didn’t even think about rabies or in the Southwest, Hantavirus. Hantaviruses are single-stranded, enveloped, negative sense RNA viruses which can kill humans. They normally infect rodents and do not cause disease in these hosts. Anyone exploring caves and mines that contain bats or other mammals should get the rabies vaccine. Read more »

14
Jan

Metal Detecting Gold Nuggets

Metal Detecting Gold Nuggets

Metal detecting for gold with the GPZ 7000. Skimming easy gold nuggets from the surface in a new area including two 1/4 ounce nuggets.

The Nokta pinpointer continues to be an annoyance and drives me to anger and drinking. Meanwhile I make enough noise to wake the dead while being an idiot and trying to film a 1 grammer too close to the coil. All in all another great day, much gold was found, much poke was filled, much food and gas were paid for. Read more »

12
Jan

2017 Gold Price – Peter Schiff

2017 Gold Price

The positive view for the spot gold price in 2017.

Did I mention this guy should be running American economics. Why won’t fed raise rates let’s see because our government can’t exist at its current size without 0% rates it’s way to big and we have minimal growth.

During the legendary gold run-up of the 2000s, gold surged from a low of $250 to $1,000 by 2008. A gain of 300%.

You may not realize this, but most gold investments are backed by nothing. The ETFs and futures, which are traded on the London and Comex exchanges, are paper contracts. And there’s more than 252 claims on gold for every ounce of gold available.

In other words, if everybody decided to call in the gold on their futures contracts, only 1 in 252 trades could be covered. Read more »

2
Jan

Secret Finding Gold Nuggets

Secret Finding Gold Nuggets


What’s the best way for the weekend gold prospector to find some gold nuggets? Many gold prospectors agree that first you have to be in an area where gold was found before. Once you’re in these old Goldfields you’ll see a lot of past gold mining activity. Naturally, for safety sake stay away from the old mines they could turn out to be real death traps.

I should say before going out to an area to look for gold, check to be sure that it’s public or BLM land and that you are allowed to gold hunt in that area. It’s best to check with the local BLM office. Also, there are many active gold claims in these areas. You do not want to be claim jumping. So, do your research first, before heading out and be sure to stay off active claims and private land. Read more »