I am keen to get into gold prospecting to start a new small business. So far I find around 1/4 - 1/2 ounce per day, with a sluice, but wish to increase my findings. So far I have not sold the gold it as I am still new to this business. Do you think gold prospecting a viable small business?
Also, what is the difference with hard rock vs placer mining. I know the difference in basic terms, but in terms of business and strategy to find it. What are the advantages and disadvantages of each, and some good strategies and equipment, etc. How much can one except to find in a placer prospecting vs hard rock?
Also, what is the difference with hard rock vs placer mining. I know the difference in basic terms, but in terms of business and strategy to find it. What are the advantages and disadvantages of each, and some good strategies and equipment, etc. How much can one except to find in a placer prospecting vs hard rock?