Gold Prospecting for the Big Guys

I was traveling through Nevada on a trip to Zion National Park over the Thanksgiving holiday. Of course there is plenty of gold prospecting in Nevada. In fact, if Nevada were a country it would be in the top 7 or so in gold and silver producers. On the way through we stopped in Las Vegas and had dinner on the strip (it was my wife’s birthday) at the restaurant in Paris Hotel. In speaking with our waiter it turned out that he was from Elko which is where there is the Carlin Trend gold gold mining area. As we spoke the conversation quickly turned to gold as, anyone who has been to Elko knows, that is the only game in town. It turns out that he was leasing a unit to a kid, currently in college, who is making $ 90,000/year doing gold prospecting for a major mining company. That isn’t the interesting part. The interesting part is that the kid only has 6 mos. experience and is doing on the job training. Now, I don’t think you can find a less expensive place, landwise, to live than in Elko. So, if you want to get paid to play and have fun finding gold then looking into one of the big ones like Newmont Mining or others is a great avenue. We are here to help you learn the basics of gold prospecting and how to profitably find gold.  Go to Happy prospecting.

Leave A Reply (2 comments So Far)

The comments are closed.

  1. Ashish
    5 years ago

    Milton Friedman would be aghast. He detseted the gold standard, and thought that “men tunneling in holes like gophers” to find gold was a waste of resources. But no more worries. Man can make gold, and it may become commercially feasible some day. GoldChrysopoeia, the artificial production of gold is the symbolic goal of alchemists. Alchemists often understood this as a metaphor for a mystical, philosophical, psychological, medical, or religious transformation. Despite this, some alchemists interpreted this literally, and attempted to physically transmute base metals into gold. It is possible in particle accelerators or nuclear reactors, although the production cost is currently many times the market price of gold. Since there is only one stable gold isotope, 197Au, nuclear reactions must create this isotope in order to produce usable gold.[edit]Gold synthesis in an acceleratorGold synthesis in a particle accelerator is possible in many ways. The Spallation Neutron Source has a liquid mercury target that will be transmuted into gold, platinum, and iridium, which are lower in atomic number.[citation needed][edit]Gold synthesis in a nuclear reactorGold was first synthesized from mercury by neutron bombardment in 1941, but the isotopes of gold produced were all radioactive.[3]Gold can currently be manufactured in a nuclear reactor by irradiation either of platinum or mercury.Only the mercury isotope 196Hg, which occurs with a frequency of 0.15% in natural mercury, can be converted to gold by neutron capture, and following electron capture-decay into 197Au with slow neutrons. Other mercury isotopes are converted when irradiated with slow neutrons into one another or formed mercury isotopes, which beta decay into thallium.Using fast neutrons, the mercury isotope 198Hg, which composes 9.97% of natural mercury, can be converted by splitting off a neutron and becoming 197Hg, which then disintegrates to stable gold. This reaction, however, possesses a smaller activation cross-section and is feasible only with un-moderated reactors.It is also possible to eject several neutrons with very high energy into the other mercury isotopes in order to form 197Hg. However such high-energy neutrons can be produced only by particle accelerators.

    • Bob
      5 years ago

      All true. But i find the relaxation and fun of prospecting much better than fussing with reactors! lol
      Good luck out there.