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Wednesday, July 20, 2011

The New Gold Fever

Gold panning fine gold how to in light sand and with micro gold Panning and prospecting for gold has become one of the most popular recreational hobbies today. It is possible for many people to actually pay for their gold panning and gold prospecting holidays by selling any of the gold nuggets they find. Many people who pan and prospect for gold are discovering why a simple pan is one of the most effective techniques in discovering and recovering small amounts of gold from a stream bed. Prospecting for gold is very much like being a detective in an old Mickey Spillane novel. When you discover those small flakes in your pan for the 1st time more often then not you will be bitten by the gold prospecting bug and you realize that these small glittering pieces of gold are the only clues leading you to the source of that gold and perhaps a huge mother load

More than 80% of the gold in the Mother Lode is still in the ground.

Gold is most commonly found and or mined in one of two kinds of deposits; Placer and Lode. Placer deposits are areas of free gold that have settled in pockets after being disturbed and moved by many years weather facilitated erosion. Lode is gold found in veins buried deep underground in quartz deposits. Placer gold is mined using panning, sluicing, or dredging. Lode is mined using conventional "deep shaft" hard rock.

1) Hold the pan just under the water and tilt it slightly away from you. Begin to swirl the water from side to side, with a slight forward tossing motion. Take care, but with sufficient force to move the surface and the lighter gravel out over the edge of the pan.
2) Leveling the pan from time to time and shaking it back and forth will cause the light material to come to the surface and the gold to settle to the bottom.
Repeat process 1 and 2 of step B until there is only about two cups of heavier material left in your pan. This material is usually called "black sand," or "concentrate."

A one-ounce gold nugget is more rare to find than a five-carat diamond.
The amount of gold nuggets being found in the world is less than one percent.

Even though gold is rare, it is far easier to find than winning a major lottery.
Because of its rarity, a gold nugget can be worth 2 to 4 times the value of the gold it contains.
Troy Weight

24 Grain = 1 Pennyweight
or 1.55 Gram

20 Pennyweight = 1 Ounce
or 31.10 Gram

12 Ounce = 1 Pound
or 373.24 Gram

Pure Gold (AU) = 24 Karat
or 1000 Fine

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