Gold prospecting is a lot like looking for the proverbial needle in a haystack…it is extremely rare and without a knowledge of what to look for and where to look, it is almost impossible to find.
5 Yards of paydirt processed using 8 labor hours, 4 gallons of gas, blood sweat and tears…but in the end Eureka!
That’s where the axiom comes into play, the best place to look for gold is where it has already been found.
Maybe that’s why there is such a rush of excitement when we do find gold in the pan, because it is so rare.
But who has time and resources necessary to spend pursuing the Mother Lode?
In 1848, the first prospectors to arrive in California from Mexico, and South America had easy pickings.
According to a PBS documentary, a little scraping in the dirt in the right spot without hardly any tools at all could produce pounds of gold!
As more and more prospectors scoured the landscape, gold became more and more difficult to find.
Eventually all the easy gold was gone. But the fact is, even in those same locations, gold can still be found…it’s just smaller in most cases.
You hear talk of “gold dust” all the time, but at $18/ounce, it was hardly worth the effort to keep working a claim that only yielded gold dust or what today we call “flour gold”.
With advances in technology however, processes were discovered that enabled the recovery of gold so small as to be invisible to the naked eye.
In fact, one of the largest gold mines in the U.S., the Carlin Trend, has produced over 50,000,000 ounces of gold…most of which is microscopic in size.
The 49’ers couldn’t recover gold that small, not did they have any interest in doing so at $18/oz.
Things are different today. With gold hovering around $1250/oz, even old mines are being re-opened (Haile Gold Mine in Kershaw, SC).
Fortunately for those of use who love the rush of seeing gold in the pan, we can still have our own Eureka moment without having to move to Alaska or the Yukon and investing massive amounts of money to set up our own operation. That’s where the purchase of gold paydirt comes in.
For a fraction of the cost, we can have the excitement of seeing gold in the pan in the comfort of our own homes.
With a minimum investment in a gold pan, a tub, and a snuffer bottle, one can get started.
Here at iPan4gold, it is our desire to see others discover the fun and excitement of seeing gold in the pan for the first time…there’s nothing like it.