Welcome guest, is this your first visit?
Member
Discoveries
 
Page 1 of 4 123 ... LastLast
Results 1 to 15 of 55
Like Tree142Likes

Thread: Why do you prospect for gold?

« Prev Thread | Next Thread »
  1. #1
    us
    Mar 2016
    Tahoe, CA
    Compadre, Gold Racer, White's TRX,Bazooka Gold Trap 24" Sniper,God Hog mats,Grizzly Gold Trap Motherload,MD App,Determination
    190
    186 times
    Prospecting

    Why do you prospect for gold?

    The reason why I prospect is to get rich! Ha! The excuse I use is it gets me out of the house and keeps me in shape. Prospecting is hard work and lots of moving around, hiking, digging, adventure, with the possibility of rewards! I met one guy that has sold more gold than I could ever know, but made more on the gravel he supplied from his land. After seeing that, I thought, how can I retire on finding a nice pile of Gold? It would have to be pounds. I've heard of quarts having gold and sliced into pieces going for hundreds of thousands. That was discovered on an existing claim using a professional geologist to map the vein. Still, the guy that owned the claim had so much money already that it was a fraction of his worth. So, what was the allure? Fun, personal conquest? The average prospector is getting a gram if they are lucky in an outing I think, of course, no one in their right mind would admit to more if they really found a pile.
    I also know of a guy that found 10 lbs and someone came in and dug his unclaimed spot 10ft across and 15 ft deep. He had gone only 5ft. It was all gone. He never found out how someone discovered his site.
    Prospecting is dangerous and attracts the larcenous qualities in people.
    In the turn of the century, 1900s, there was a certain kind of miner that only liked gold hard rock mining. In WWII, America hijacked these miners for nickle and other metals for the war effort. It didn't work out well, the miners weren't motivated.
    So, those who have claims, mines etc, why do you do it? Is it your way of making a living? If so, is it fun?
    What motivates you to do this? How do you prospect? What is your goal?

  2. #2
    us
    Jul 2004
    Angels Camp,Ca.
    753
    704 times
    i did the placer for four years or so and then hard rock for over thirty years.At the end of the game no matter what you found or didn't or how much...it's all about the search..the looking..the discovery..finding gold and mostly finding yourself.

  3. #3
    us
    Mar 2016
    Tahoe, CA
    Compadre, Gold Racer, White's TRX,Bazooka Gold Trap 24" Sniper,God Hog mats,Grizzly Gold Trap Motherload,MD App,Determination
    190
    186 times
    Prospecting
    Quote Originally Posted by dave wiseman View Post
    i did the placer for four years or so and then hard rock for over thirty years.At the end of the game no matter what you found or didn't or how much...it's all about the search..the looking..the discovery..finding gold and mostly finding yourself.
    Thanks Dave,
    I think that is what I am finding. I'm finding a small amount, but, it's the skill and the search and the knowledge need that I find so enjoyable. Putting my knowledge to the quest ...to find gold. In a smaller way I hope to strike it rich. In a grander way, I know I never will if I don't teach myself the skills to obtain it.
    Gold4Mike likes this.

  4. #4
    us
    Northern California

    Aug 2007
    Southern California
    XLT, GMT, 6000D Coinmaster
    3,946
    4374 times
    All Types Of Treasure Hunting
    The Adventure "of it all" in Primitive Country that I love. It's not work, in one respect, it's all about the experience/adventure and lasting feeling/memories it leaves inside of me..........63bkpkr

    Oh, and the Gold is Cool!
    Out searching w/GMT & friend under my arm

  5. #5
    us
    Mar 2016
    Tahoe, CA
    Compadre, Gold Racer, White's TRX,Bazooka Gold Trap 24" Sniper,God Hog mats,Grizzly Gold Trap Motherload,MD App,Determination
    190
    186 times
    Prospecting
    63bkpkr,
    I've read some of your posts. I can see you've put yourself in some remote areas.
    Prospecting does something to certain folks that just drive them on. I don't think people that don't have the desire can see that it is the chase. Dave nailed it. This chase has some rewards, it's called GOLD!
    I personally don't know the scale of the kind of chase Dave had. Hey Dave, I can see how Gold could finance expanding the scale of operations quickly. What a rush that must be! I'm small scale and a back packer like 63bkpkr. It's adventure and the skill, and the shiney! I wouldn't mind having to make a decision to go big if I had too! I'm not going overboard just being very honest... It's a personal challenge to find it, it's a natural element that is tricky to collect and even harder to keep. It's all about discipline, perseverance and determination. And, lots of enthusiasm!! My hat's off to you Dave, I hope in the end you also kept enough for yourself and your family!
    63bkpkr, I think you said you're in So Cal now. I hope you find spmewhere nearby you can get some gold!
    63bkpkr likes this.

  6. #6
    us
    Mar 2016
    Tahoe, CA
    Compadre, Gold Racer, White's TRX,Bazooka Gold Trap 24" Sniper,God Hog mats,Grizzly Gold Trap Motherload,MD App,Determination
    190
    186 times
    Prospecting
    I can kind of imagine making a discovery. Deciding to get equipment to make the best of the effort. I had a pan first, got better at panning and bought a few size sluices on craigslist and fitted them with some Hog Mats. I found more gold and got better at it and bought a few more tools to help with the process. I am at a plateau, I have enough gear to do my prospecting and some gear to do some hard work when I find a little streak. But, I haven't recouped my expenses yet. I figure, either I will in the long run, or I'll find a good pocket and recoupe it right then and there. That could happen on a bigger scale. I can see it would take careful planning!
    I like to think I'll recoupe sooner! However, I will have the gear to keep searching and finding and that's ok too! I have a couple of days I'm going to scoot out to do some sluicing this week. Then I'll rest up for a few days and run the cons. When I have the finnished product in a tiny bottle, I'm ready to do it again! My wife looked at the clean gold in my bottle and asked me how I got that into the bottle? It's something we do isn't it. Dig lots of dirt and put a little gold in a container. (Ok, some guys, a big container!) I'm not getting tired of doing it. I'm working hard in my "gym"!! And feel stronger and I'm pretty happy as I'm also getting outside with a purpose. I'm not just walking arround looking at the scenery, or sitting around drinking beer. I'm on a mission go get GOLD!
    KevinInColorado likes this.

  7. #7
    us
    Jan 2019
    Maine
    371
    338 times
    Prospecting
    For me it is all about the hunt.

    I love history, so geology, old maps and mines play into that.

    I suspected gold was here on this farm, and upon finding it after 3 years, was rewarding. Now it is about mapping where it is, and to some extent concentrations.

    Ideally I would like to find the trifecta of prospecting; lode, placer and eluvial deposits. I have found Lode and Placer, so soon the hunt will be for an eluvial deposit. I still have more streams to check, and obviously, more quartz veins to assay to get an idea how big of an area this new gold district is.

    I am secretive about it though because of the reasons cited. People get gold fever and get absolutely stupid about it. I have enough problems with hunters destroying fences, knocking down gates, rutting up fields and getting into physical alterations, I cannot imagine what would happen if they found out there was gold here.

    I do not really think I have gold-fever. If I did I would be out all the time gathering it up. I am retired so I have the time, and I own the land, and I am not doing that, so I do not think I have that issue. I do try and get out, but mostly because I am a doer, and figure instead of talking about it, I should get out and do something about it.

    After I determine how much gold is here, I might mine it. I am designing a processing method now, but it will be at a micro-mine scale. I think that hold promise because with no one wanting a major mine in their backyard, I think micro-mining has a future. It is kind of like how in the 1990's farming was big agriculture, but now with "Buy Local", and "Know your Farmer", micro-farms can make a profit.

    Sometimes a person needs a chainsaw, and sometimes a person needs a scalpel; just like farming, I see the future of mining as having both large scale mining, and micro-mining. There are differences between farming and mining of course, but by marrying old technology with new, I think the overall cost of mining can come down to where a micro-miner can make a living.
    Tahoegold, russau and Gold4Mike like this.

  8. #8
    us
    Jun 2017
    Virginia
    Nokta AU Goldfinder
    83
    238 times
    Prospecting
    For me its like a modern day treasure hunt =) I feel like I get to live a childhood dream every time I get out...

    Also, every time I see gold in a pan, its just 'feels' really good... I'm not a gambler but I suspect this is what they must experience that makes it so addicting!

    ~ AJ
    Tahoegold and Gold4Mike like this.

  9. #9
    us
    Apr 2015
    Oshkosh, WI
    914
    1312 times
    All Types Of Treasure Hunting
    Plain and simple...It's money!
    Tahoegold and Goldwasher like this.

  10. #10
    us
    Mar 2016
    Tahoe, CA
    Compadre, Gold Racer, White's TRX,Bazooka Gold Trap 24" Sniper,God Hog mats,Grizzly Gold Trap Motherload,MD App,Determination
    190
    186 times
    Prospecting
    Quote Originally Posted by Capt Nemo View Post
    Plain and simple...It's money!
    Aye! It is money! I like that there is no amount of gold that has no value!!

  11. #11
    us
    Mar 2016
    Tahoe, CA
    Compadre, Gold Racer, White's TRX,Bazooka Gold Trap 24" Sniper,God Hog mats,Grizzly Gold Trap Motherload,MD App,Determination
    190
    186 times
    Prospecting
    My buddy has 3 small boys, 8, 10 & 12 that now ask to go "hunt for gold!" I got them out with their father once and for them, it2s about playing in the river and meeting other people and having a fun time. While we were prospecting and sampling, I told them, gold is real money. And, that any gold has a value. The 10 yr old had a reckoning. He said, " So, all you have to do is dig and you can make money?" Bingo, I told my buddy, "Hey, your son just learned that the harder he works the more money he can make!" What a great life lesson for just having fun "hunting for gold". The 8 year old actually hit the pay streak with the little 5"x16" sluice with motherload mat and small rib mat for visual inspection. He had flour shiney all over on his first time! He got to show up all the big kids, ha! He was happy with that and went off to play in the river. The 10 year old asked if he could dig in that spot, I said, if he doesnt want to, then you can get the gold! We both dug at that spot for over an hour. These boys are learning about working hard and earning money. And, having so much fun. I'm having fun with the whole experience. Then, I put each of their gold in their own little bottle. Now they can see the gold. And, the fruit of their labor. The little one has the most. And he let's us know it!
    It's quite a list of why we do prospecting . I really enjoy seeing the boys enjoying learning how to prospect. I'm hoping, in a few years, they'll want to adventure out and go look for burried treasure. After all, it is money AND an adventure!
    KevinInColorado likes this.

  12. #12
    us
    Jan 2019
    Maine
    371
    338 times
    Prospecting
    Quote Originally Posted by Tahoegold View Post
    Aye! It is money! I like that there is no amount of gold that has no value!!
    There is more to it than that though, because almost everything has value. The gravel that is classified and discarded is worth money, and the forest a prospector walks through to get to the gold is worth money as well. Whomever said, "Money does not grow on trees", has never owned a woodlot...

    I think part of the allure of gold is that it takes so little to equate to a lot of value. An ounce is worth almost as much as an entire truckload of wood, but gold also does not grow back. Neither does gravel, but it is far easier to find, and the specifications are a lot less as well. Just meet federal spec's and start hauling.

    But gold is accessible too. Whether by claim, land ownership, or a place with public access, all it takes is an $8 gold panning kit and the potential to make money is there. That beats having to have a chainsaw and a skidder for logging, or a loader, rock crusher, screen, trucks, bulldozer, grader and excavator for gravel! (LOL)

    I do think gold is misrepresented in value though. A lot of people quote the spot price, but that is hardly reality. I have never sold gold on the wholesale market, but suspect it is closer to $1000 an ounce if sold to someone to further refine it. It is no different than here in Maine where lobsterman complain and say lobster is less per pound then hot dogs, but they are comparing apples to oranges, they are comparing the wholesale price of lobster to the retail price of hotdogs...the beef farmer sure the heck is not getting $3.50 a pound on the hoof. So it is with gold; people often quote the spot price, and not what they are really going to get for the gold when they sell it.

    Keith Bowen has got a program where you can plug in real world figures and get an idea of what a hard rock mine might net, which can be quite sobering. I know, I have used it to run the numbers for my place. Even then, if I was to calculate all the time I have spent chasing gold so far, and assign my time a value on a per hour basis, it would be just like fishing; it would be far cheaper to buy fish at the store then get a truck, trailer, fishing gear, food, gas and beer to go get fish on a lake somewhere. Myself, I have a lot of time invested in this, and I have yet to sell an ounce of gold.

    But all this is kind of my point, is it really about the money, or just getting outside? There is a lot of hidden costs in extracting gold.
    Tahoegold likes this.

  13. #13
    us
    Just Another Old Guy

    Feb 2008
    Grays Harbor in Washington state
    Whites Spectrum XLT with about 1/4" of dust on it
    636
    1160 times
    Prospecting
    I do it because I'm too old to star in adult movies anymore
    I'm a drinker with a heavy prospecting problem and I'm out of dirt again

  14. #14

    Mar 2016
    1,561
    2349 times
    All Types Of Treasure Hunting
    OreCart, the price the prospector gets for his gold depends on the character of the gold and the purity.
    I wouldn't even consider selling gold at $1K an ounce. It's too difficult to come by.

    I don't have pounds to sell though. What you see in my avatar pic and what you get crushing rock are two very different types of gold.

    Good thing about hard rock mining is you have the byproducts that can be used/sold.
    Last edited by IMAUDIGGER; Apr 07, 2019 at 09:57 PM.
    Tahoegold likes this.
    All treasures found with permission on private property or on active mining claims.

  15. #15
    us
    Nov 2014
    Northern California
    White's TDI SL, Fors Gold+, Gold Monster 1000, 36" Bazooka Prospector, 30" Bazooka Sniper.
    320
    462 times
    Prospecting
    Quote Originally Posted by Tahoegold View Post
    The reason why I prospect is to get rich! Ha! The excuse I use is it gets me out of the house and keeps me in shape. Prospecting is hard work and lots of moving around, hiking, digging, adventure, with the possibility of rewards! I met one guy that has sold more gold than I could ever know, but made more on the gravel he supplied from his land. After seeing that, I thought, how can I retire on finding a nice pile of Gold? It would have to be pounds. I've heard of quarts having gold and sliced into pieces going for hundreds of thousands. That was discovered on an existing claim using a professional geologist to map the vein. Still, the guy that owned the claim had so much money already that it was a fraction of his worth. So, what was the allure? Fun, personal conquest? The average prospector is getting a gram if they are lucky in an outing I think, of course, no one in their right mind would admit to more if they really found a pile.
    I also know of a guy that found 10 lbs and someone came in and dug his unclaimed spot 10ft across and 15 ft deep. He had gone only 5ft. It was all gone. He never found out how someone discovered his site.
    Prospecting is dangerous and attracts the larcenous qualities in people.
    In the turn of the century, 1900s, there was a certain kind of miner that only liked gold hard rock mining. In WWII, America hijacked these miners for nickle and other metals for the war effort. It didn't work out well, the miners weren't motivated.
    So, those who have claims, mines etc, why do you do it? Is it your way of making a living? If so, is it fun?
    What motivates you to do this? How do you prospect? What is your goal?
    I enjoy the outdoors and panning for gold is just a fun aspect of that. I know a lot here don't consider prospecting a "hobby" but it is for me, especially since I rarely have time to do it. I'll never strike it rich but if I do I wont complain haha. Any time I can get out and get some gold is just a real nice getaway from the daily grind.
    Tahoegold, akflyer and Gold4Mike like this.

 

 
Page 1 of 4 123 ... LastLast

Remove Ads

Sponsored Links

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Similar Threads

  1. Gold prospect 1 26 19
    By hurthawk in forum Gold Prospecting
    Replies: 0
    Last Post: Jan 29, 2019, 12:27 AM
  2. Where to prospect for gold
    By Rahl_28 in forum General Discussion
    Replies: 3
    Last Post: Sep 01, 2015, 10:54 PM
  3. Where to prospect for gold
    By Rahl_28 in forum Gold Prospecting
    Replies: 1
    Last Post: Sep 01, 2015, 10:39 AM
  4. Anyone around Medina like to gold Prospect?
    By Medina Joe in forum Ohio
    Replies: 0
    Last Post: Jul 18, 2014, 01:31 PM
  5. Does everyone here prospect for gold, or...
    By Teprock in forum Metal Detecting For Gold
    Replies: 5
    Last Post: Mar 01, 2004, 09:49 PM
Powered by vBadvanced CMPS v4.3.0