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Gold Prospecting
Metal Detecting for Gold
Are big nuggets only found on private property?
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<blockquote data-quote="loamer" data-source="post: 135296" data-attributes="member: 981"><p>those big nuggets were found on private property on a very historically rich area that for several reasons has/had been hard to get on. when they say 'around' dunolly, technically correct but draw a 20km circle around dunolly and its in that area. i can tell you this, it was not detectable at any existing surface level. around dunolly, you will see a lot of 'pushed' diggings from recent times. this was a process of getting a lease on public or private land, stripping back the diggings and hunting the source of the gold and/or to recover deeper gold towards the bedrock, usually with a detector. we all know there is still plenty of large deep gold - its just that a lot of it is out of range. several blokes have invested quite a bit of $ in making very large coils for this very reason. an interesting story - on one of these pushed areas a couple of years ago, one of the detecting crew thought they had seen a dropped packet of B&H smokes - the gold smoke packet. turns out- it was a very nice nugget. now, this all sounds very romantic and easy - it is not. it is very expensive work. do the maths and figure out the cost just of running some heavy machinery for days, restoration costs, time and effort (still have to make a quid). it can be profitable above expenses but not too many ultra rich full time prospectors. (a couple, but not many) another example - there is the old rifle range/gun club near dunolly that we pushed a few years back - it is no big secret -after costs total return - bugger all, but no big loss.</p></blockquote><p></p>
[QUOTE="loamer, post: 135296, member: 981"] those big nuggets were found on private property on a very historically rich area that for several reasons has/had been hard to get on. when they say 'around' dunolly, technically correct but draw a 20km circle around dunolly and its in that area. i can tell you this, it was not detectable at any existing surface level. around dunolly, you will see a lot of 'pushed' diggings from recent times. this was a process of getting a lease on public or private land, stripping back the diggings and hunting the source of the gold and/or to recover deeper gold towards the bedrock, usually with a detector. we all know there is still plenty of large deep gold - its just that a lot of it is out of range. several blokes have invested quite a bit of $ in making very large coils for this very reason. an interesting story - on one of these pushed areas a couple of years ago, one of the detecting crew thought they had seen a dropped packet of B&H smokes - the gold smoke packet. turns out- it was a very nice nugget. now, this all sounds very romantic and easy - it is not. it is very expensive work. do the maths and figure out the cost just of running some heavy machinery for days, restoration costs, time and effort (still have to make a quid). it can be profitable above expenses but not too many ultra rich full time prospectors. (a couple, but not many) another example - there is the old rifle range/gun club near dunolly that we pushed a few years back - it is no big secret -after costs total return - bugger all, but no big loss. [/QUOTE]
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Gold Prospecting
Metal Detecting for Gold
Are big nuggets only found on private property?
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