Monday, January 4, 2010

7 Suggestions for Finding Workable Gold Ground (Part 9)

(The latest Brazilian gold rush at Eldorado do Juma in the Amazon. 70-year old placer miner Joao Avedo panned out over 70 troy ounces here in 5 days, including 17 troy ounces in a single day! A very rich site that is now overrun by miners...other sites like this are waiting to be found in the Amazon, however.)


In this, my final post on finding workable gold ground, I may raise a few eyebrows for what I’m about to suggest. That said, here is my seventh and final tip for you:

7) Pack it in and head for foreign soil.

Yes, I know. This is a tough choice that’s easier said than done.

Metal Detectors
Gold Concentrates
Gold Pans

But the point of fact remains that many foreign nations, especially those that are more underdeveloped or economically “deprived,” contain prime gold-bearing locations that are still being discovered or that have not yet been beaten to death by other small-scale miners (or large mining concerns, for that matter).

Numerous Opportunities

Many African nations (Zimbabwe, for example) present outstanding opportunities for small-scale placer miners or nugget hunters. New (and very rich) gold strikes in the Amazon region of South America continue to occur on a regular basis with Brazil leading the pack in this regard.

Additionally many islands in the South Pacific area such as New Guinea and Fiji contain large amounts of both lode and placer gold. Many Asian Rim nations (Cambodia for instance) contain remote gold locations with untapped potential as well.

Central American nations like Costa Rica present the small-scale miner with numerous opportunities for good gold recovery and yes, even Mexico still has areas or pockets of workable gold ground for miners and nugget hunters. (Let me remind you here of the million-dollar “Boot of Cortez” nugget found in Mexico just a few years ago).

Obviously I am not speaking here about gold-bearing locales that are either being worked or “eyeballed” by major mining corporations. I am talking about workable gold ground that is tailored to low cost, small-scale operations.

OK, that’s the good news. Now here’s the bad news:

Mining in some foreign locales can be risky business that is often fraught with peril and hardship.

Here are just a few potential perils and hardships that might be encountered in worst-case scenarios:

Sickness and disease

Robbery, vandalism, or theft

Poor food and sanitation

Graft and corruption (“greasy palms” syndrome)

Lack of proper medical care

Arrest, incarceration, and/or imprisonment

Violence and mayhem

Remember, I am speaking here in terms of the worst-case scenario in each instance. This doesn’t mean all these things will happen to you out in the boonies in some Third World gold field, but the odds of at least one or two happening to you is reasonable.

By Way of Example

By way of example I did a short stint placer mining down in Old Mexico back in the day. Overall my experience was pretty pleasant although I did contract a severe case of “Montezuma’s Revenge" (i.e., dysentery) and had to deal with the “greasy palms” syndrome (paying off local police and officials) on more than one occasion.

On the flip side I was able to operate pretty much alone in gold districts that still held good amounts of placer gold where no motorized mining equipment had ever been used. Some of these areas were dry placers and some were wet. But they all had one thing in common….little if any activity. Try finding that here in the States.

Anyway, I think you see what I’m getting at here. Are you the adventurous type? Not strapped down by marriages, mortgages, and kids heading for college (not me I’m afraid!)? Willing to take big risks in order to gain potentially big returns?

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If so, heading for foreign soil to locate your own piece of workable gold ground may be just the ticket. Just make sure you do your research up front, and like the Boy Scouts say:

“Be Prepared”

Good luck in all your endeavors.

If you liked this post, you may want to read: "7 Suggestions for Finding Workable Gold Ground (Part 8)"

http://goldbedrockgold.blogspot.com/2009/12/7-suggestions-for-finding-workable-gold_29.html

(c) J.R. 2010

Questions? E-mail me at jr872vt90@yahoo.com

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