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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 »

27
Dec

Spot Gold Price 2017 Forecast

Spot Gold Price 2017 Forecast

California gold nuggets Spot Gold Price 2017 Forecast

California gold nuggets

As were just days away from the New Year, let’s take a quick look back on out 2016 was for gold investing before we venture a forecast for spot gold 2017.

At the start of 2016, actually for the first half of the year, you would think that the spot gold price was heading for a new high record. Yes, the first half of 2016 saw one of the biggest spot gold price rallies in about 40 years!

Actually on July 21 Forbes published an article predicting that the spot gold price would hit $1500 an ounce! Currently the spot gold prices trading around $1,130 an ounce. Another gold bullish forecaster in Bloomberg, on September 20 was looking for the spot gold price the hit $1900 an ounce! Read more »

21
Dec

Gold Crushing Quartz

Gold Crushing Quartz – Quartz Gold

On a December gold prospecting trip around Yuma Arizona we meet up with the young prospector who’s crushing quartz rocks in hopes of finding gold.

We were near an old gold mine with the miners were following a really long vein of courts that carried a lot of gold in it.  Basically, we were doing some dry washing and also metal detecting when we met up with Daniel a young prospector who lives in the area and was looking for iron stain quartz rocks in hopes of finding gold in them. Read more »

17
Dec

Gold Prospecting Beginner Tips

 Gold Prospecting Beginner Tips

Basic tips for beginner weekend gold prospectors.

Yes, when you’re in isolated areas hunting for gold unless you are prepared it could make the difference between a successful weekend gold prospecting trip and a total disaster!

One thing that I didn’t mention in the video, is to also always go with at least one buddy, have a fully charged cell phone, take plenty of water and lastly have a basic first aid kit.

Personally, if you like the outdoors, you enjoy camping, you’ll probably love weekend gold prospecting. Here in San Diego, we usually wait till the end of October or November before going out to the Eastern desert areas of California and the Western areas of Arizona. Going to these locations at other times you can really run into extreme weather and temperatures. Read more »

15
Dec

California Gold Mine Working Gold Mine

California Gold Mine for Sale

California gold nuggets - California Gold Mine

This video was produced to help sell this California placer gold mine. Personally, I think this is a great idea  to use video to sell any property and especially an active California gold mine. but, with that said I think for the vast majority of people, this video is a great way to understand and get an inside look  on how a small placer gold mine operation really works.

The gentleman who is explaining the operation of this California placer gold mine goes into quite a lot of detail. Any viewer would really get a better understanding of how the classification process really works when you’re trying to find gold.

Now, I understand why they didn’t mention a price because that could change over time especially if the price of gold would spike way up. But, they also really didn’t get into any detail about the profit and loss from this operation. Yes, what I would have really liked to seen in this placer gold mining video would be a profit and loss statement based on the price of gold at the time they produced a video.

Even if there was a decent profit, one must remember that gold mining is very risky and as one area gets played out and you move your operation over just a couple of yards you may hit a pay-streek or the amount of gold that found  could be way below the cost to extracted. So, I would’ve sure like to see what their actual profit and loss looks like for 2015 or 2014 when they produced this video. Read more »