Yup, works even better if you add a little silica sand too. Also, preheat the borax then add to the gold. Borax has water in it so it can pop like popcorn when initially heating...and throw your gold out of the crucible
When cooled, the borax/silica will have absorbed impurities from the molten gold and will shatter easily off the gold. (Wear safety glasses)
I did a good bit of blacksmithing in my teen years. in modern blacksmithing Borax is used to remove the oxygen and some impurities to allow for what is called Forge Welding (binding metal together using a forge instead of a welder). Using this method i made tomahawks. knifes, Damascus steel etc.
I like this. These methods are very under utilized!
As old and simple as melting metal is very few people have done it!
I got my start tossing empty cans into a 55 gallon steel drum.
We would make bum fires all winter and toss our cans in well, the can. After several hundred cans over the course of the winter we had a 20lb block of MESS!
This we remelt and get hot, about 1500 degrees. The bars we poured were so cool.
But we didnt sell any to dumb friends as silver... As easy and dumb as some of my friends are lol!