How to Make Money Prospecting For Gold

Yes you can but mining is like any other trade when you want to make money. You need to learn the trade in fact best be in the top 20% to have.
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Learn how to prospect for gold. There are a variety of different ways to prospect, from gold panning to using metal detectors. The best way to learn how to prospect for gold is to take a class on gold prospecting. Although finding gold is best learned under the instruction of a seasoned veteran gold prospector, there are also a variety of books and DVDs that outline the many ways to find gold.

Can You Actually Make Money Mining for Gold? - How to Find Gold Nuggets

A combination of instruction and private research is the best way to learn how to prospect. Set a daily quota for your gold prospecting. Once you have learned how to prospect effectively and efficiently, you'll want to determine how much money you need to make each month to be comfortable. By dividing this number by the amount of days you'll spend prospecting each month, you can determine how much you need to find in order to meet your goal.

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Lately many Californians have been heading to the rivers and streams to prospect for gold. The increase in people taking up this activity has some newspapers writing about " the new gold rush ". Here is how you can get in on the action. First of all, you need to find out where you can legally prospect for gold.

You should research mining records and public land records at your local Bureau of Land Management if you are serious about finding gold. You can also stake a mineral claim on Federal lands in 19 states to prevent others from digging in your spot.


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Usually other prospectors will not tell you where they hunt for gold so it is up to you to find your own sweet spot. An easy way to get started is to join a prospecting club that already has mineral claims on lots of land. Next, you would need some tools. A simple gold pan is enough for sifting gold from streams. You also need a plastic container to hold the gold you find. A shovel also helps in digging up sediment. More serious gold hunters also use metal detectors and dredges to suck up gravel.

However, if you are just starting out you probably would not want to invest heavily in machinery, yet. As a final step you would head out to the site to pan for gold as the weather allows. This activity is actually pretty labor intensive and requires a lot of patience. You should not expect to find a lot on the first outing, but it is good exercise and you will most likely be somewhere with fresh air. Have you ever gone out to hunt for gold and other treasures?


  • City Gold Mining - Strange Ways to Make Money;
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  • Money making hobby: panning for gold!
  • My Prayer.

    • What is the most rewarding part of your hobby? The links and mentions on this site may be affiliate links. But they do not affect the actual opinions and recommendations of the authors.

    Can People Make a Decent Living Gold Mining?

    Wise Bread is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon. Like those people with metal detectors in the park, I am so worried that this would be a hobby that would border on obsession for me. But it sounds like so much fun! Hey Andrea you're in Washington, right?

    City Gold Mining

    As the Good Lord is my witness, those operating from this premise are the very first to seize on the "making a living" thing and the last to let go of it. You could say they don't know any better and while that's true, the reality of the matter is that most folks don't like being told the truth. They believe what they want to believe, no matter how unrealistic or nonsensical that idea is. That said, there are a few professional and semi professional prospectors in Australia, and I've met a few. But it is a very small proportion of the prospecting population, that's for sure!

    Some trips have "paid" off, but the great majority haven't. Many including myself consider me and daughter as a "lucky one".

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    I come home from each trip tired but rejuvenated to a job to earn a real wage to support my family and mutts in a lifestyle that they deserve. I love amateur prospecting, but I'd never expect it to pay my way. Aussie gold hunters tv series gives a reasonable overview on the hardships and the dedication needed to give prospecting a fair dip looking for a pay-off. Even those with machinery in the GT and WA who have gone through all the hoops to small scale seem to be marginal at best.

    Most Prospectors Struggle to Make a Living

    That's not to say some of the early adopters of the PIs and some of the dredgers didn't do too badly, unfortunately I reckon those days are just distant memories. Tour guides, detector trainers, detector retailers, they'd be the only ones I know that week after week, year after year get a good return on time put in. If it was a serious dream I think most people would need to split up the year between prospecting and something else that was a surer bet.

    To answer the question though I'm not sure there's anything on that list that would a great option. Best chance of a good score over time, Gold. I do love the romantic tales of opal and sapphire blokes being unassuming millionaires I don,t think many prospectors would be getting that kind of a return, so Golf Balls is the go!

    Cash for Gold - Prospecting for Profit?

    It's a bit like fishing really. But if you do it for recreation and fun it's all worth it. This is what it looks like in the parent rock. It makes nice table tops for those with enough to buy one. The rock in the previous photo is what's left after the parent rock has eroded and released it. Moneybox, Great to read about your successful trip to the Pilbara! That rocks you've got is called 'Orbicular Granite' and it's pretty rare. From memory it only occurs at locations in the world.

    One is on Boogardie Station just west of Mt Magnet. They had a quarry there for a while but too many dickheads used to go in and blow up the rock and steal it, fracturing what was nearby so they couldn't pull out large chunks for table tops like you wrote. It's pretty damn nice and the rotating ball in Forrest Chase is a great example of its beauty.