Gold Nugget Hunting - Placer Mining - Gold prospecting

Professional Gold Prospectors

Living right next to the gold fields here in Arizona has its advantages. For one thing, a guy can get out into the field pretty quickly. Having several spots to detect within 20 minutes of the house is great and within an hours drive, it’s practically unlimited. If my family goes out for a hike...

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Coiltek Blitz Coils

New this week from Coiltek Manufacturing is the Blitz coil, which is part of Coiltek’s Goldstalker series. The first coil in this series is a 14 x 9 inch elliptical mono that weighs in at 24.8 oz. These new coils are wound with Litz wire and are the first of this kind for Coiltek. These...

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Got Rights?

Looks like there’s going to be a new boss in town (actually everywhere out of city limits of Wickenburg) in some popular nugget hunting areas. The Maricopa county government parks dept. has issued a Memorandum of Understanding which is intended to “initiate a formal working relationship and establish a general framework of cooperation upon which...

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Mining Claim Royalties?

The Obama administration recently released it budget for fiscal year 2012. It’s been blasted by both sides of the aisle and lauded by some as well. There is one small item in the budget that you might not know about but will be of big interest to mining claim holders. The section regarding the Department...

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California’s Largest Gold Nugget

Here is a video of the largest gold nugget in California. It’s not the largest ever found but it’s a big nugget. I heard that it was found with a detector but only after heavy equipment was used to expose it. Apparently it was buried under dredge piles or some other such placer mining debris....

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Gas Money

Ever consider gold prospecting for a living?With gold prices as high as they are, the lure of gold and gold prospecting can be a mighty pull for many. You’ve heard of gold fever. It can make you do some strange things. Most of it is based on your character rather than the gold having any particular power....

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Arizona Department of Mines and Mineral Resources to Close

Eegads, budget woes come to haunt us. The State of Arizona Mines and Mineral Resources is scheduled to close permanently. Like the staff, I wonder what will happen to the records?? Pretty amazing stuff there if you know what to look for. The museum is cool too. If you are interested in the release go...

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Happy New Year from Goldplacer

Darn. We almost made it the whole year. Here’s to you and your’s, a happy New Year from Goldplacer. Good luck and be careful!

Gold Price Hits an All Time High

The gold price hit an all time high today of $1045, closing at $1039.50, still over and above the previous record high of $1032.70 reached in March 2008. I tend to think it’s going to hover and then drop, similar to the way it did last time around. Who knows though? It could just keep...

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GPX 4500 Metal Detector prices go through the roof

I don’t know how many of you have noticed, but lately, prices on the Minelab GPX4500 metal detector have just gone through the roof. Apparently, due to gold prices (Today the gold price hit an 18 month high), the interest in these detectors is soaring to the point that they are on worldwide back order...

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