Thursday, April 26, 2012

Modern Gold Rush For The Thrill Of The Money

modern day gold rush

A modern gold rush has gone underway. With prices in an all time high more and more gold prospectors are heading to the mining fields of Arizona, Nevada, California, New Mexico, Alaska and many other areas throughout the U.S. and various gold bearing areas of the earth. In the mining and prospecting world it’s easy to routinely hear of men and women gold seekers spending a lot of money on prospecting equipment they have never used, without experience finding gold and acquiring worthless mining claims with dreams of striking it rich. People who find themselves mining the miners are typically the true miner.

Recreational gold mining and modern gold rush has become a popular outdoor recreation in a number of countries, including New Zealand (especially in Otago), Australia, South Africa, Wales (at Dolaucothi and in Gwynedd), in Canada as well as in the usa particularly in western states but additionally elsewhere. Recreational gold mining is almost entirely small-scale placer mining.Gold trommel is definitely the mining of alluvial deposits (deposits of sand and gravel in modern or ancient stream beds) for minerals. This may be done by open-pit (also known as open-cast mining) or by various forms of tunneling into ancient riverbeds. Excavation can be carried out using water pressure (hydraulic mining), surface excavating equipment or tunneling equipment. Gold mining and prospecting activities allowed on public lands vary with the agency plus the location.

Gold pans and shovels are normally allowed, but sluice boxes and suction dredges might be dissalowed in some areas. The Department of Agriculture within the U.S. is now of the view that recreational gold panning and gold prospecting in national forests is permitted provided that no machinery or explosives are used, no waterways are diverted, no permanent or semi-permanent structures are constructed. You will find public mining areas in most states, and prospecting may allow one to stake a gold placer claim or any other type of gold mining claim in a few areas. Some public lands happen to be put aside for recreational gold panning. Some private land owners also give permission for small-scale gold mining.The best thing about this new rush is we are to see it and see the successes and failures when they unfold while in the fields. Gold Mining and prospecting equipment sales have reached an all-time high, advertising in gold prospecting and mining magazines is being sold at premium prices and the BLM is processing more gold claims than any time in the last 20 years.Metal detectors costing $4,000.00 plus intended for gold can sell like gold pans in the days of the gold rush from the 1800s. This is a very exciting time for you to be a gold prospector in this modern gold rush.

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Posted by shawn - April 19, 2012 at 7:04 pm

Categories: Gold Articles  Tags: alluvial deposits, excavating equipment, finding gold, gold pans, gold prospecting, gold prospectors, Gold Rush, gold seekers, gold trommel, mining gold, national forests, open cast mining, Placer mining, recreational gold, sand and gravel, scale placer, sluice boxes, stream beds, suction dredges


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