Gold prospecting for beginners

Every time you turn on the television, you might run across a new reality show about a crew looking for gold. Is there another gold rush that you missed? No, not exactly. It is the price of gold that has people hitting every corner of the planet feverishly tearing the ground up. Even beginning prospectors are trying their hand at prospecting to see if they can strike it rich. Many people find broken dreams when prospecting however it is quite possible to be a successful gold prospector if you learn basic rules of the trade first. Beyond that, doing research on where to find gold can increase your chances immensely.

Once your research is nearing its end, you will want to find a location that has potential for having gold. Most people will think that if there is a creek or river near their home, then there is a good chance they have a gold producing claim nearby. That is not the question you need to ask yourself. Instead, you want to look at the history in the area. Has gold been found in the area before? The answer to this question will be the most important one that will determine if you are going to be successful at finding gold or not. Yes, there is a possibility you could strike it rich on a new gold strike but the odds are much better if you search in an area that has produced gold before.

Researching an area before heading out is going to save you plenty of money, effort and time. Back in the 1800’s, the United States had thousands of men trampling over each other trying to strike it rich. The western states went from desolate to boom towns overnight. When someone would find a large amount of gold, word would get back to civilization and thousands would converge onto that area of land. These “gold strikes” were very common in the 1800’s and helped the west become what it is today. It didn’t just happen in places like California and Alaska though. North Carolina and South Dakota had their own little “gold rush” and it redefined the area forever. You can learn about these mining towns and see if there are any in your area just by a little research. There are tons of books that have detailed info on what states produced the most gold and which states still do. In fact, there are some that will point you to areas of the world that produce the most gold today. If you want to become a successful prospector, find out where gold has been found beforehand and that will greatly improve your chances of finding it when you set out on your own.

When your research is over and you have chosen the area you wish to mine, the next step is to equip yourself with the proper prospecting equipment. When you are first starting out, it is good to remember that getting carried away with buying equipment is a bad idea. Just buy a few basic tools like a sluice box and a standard gold pan. There is no need to go all out unless your claim produces a significant amount of gold. You want to spend time learning how to pan and prospect before spending a lot of money. For instance, gold is much heavier than most sediment and deposits you will be picking up. This is why running it through a sluice box will allow everything else to run off keeping the heaviest materials, especially the gold, attached to the mat.

It may seem like finding an area that has gold is easy, but it isn’t. This is one thing that beginning prospectors will often make a mistake with and it results in failure. Only a fraction of the U.S. landscape has gold of any quantity and if you decide to just pick up a pan and start gold panning any old creek, chances are you will fail. Take the time to find the areas that you know have a history of gold. With the right equipment, you just may strike it rich!

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About the Author:

Chloe is a freelance writer that focuses on luxury asset trends for Borro Private Finance.