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Can You Still Make Money Panning for Gold?

March 14, 2012 | Comments: 0 | Views: 170

Gold's current high value and the ailing global job market has led to a surge in regular folks exploring the sometimes lucrative career of gold mining. It is believed that billion of dollars worth of gold are still hidden in the United States! Who wouldn't love a piece of that?

In fact, large amounts of gold have recently been found at the gold mines in North Carolina, Colorado and California. If you're interested in giving it a try, there are a few things you need to keep in mind. First, one needs to select a suitable area that is both potential for gold's existence and is legal for gold panning. National parks are off limits as they are usually restricted for public digging. However, there are many other public lands where minerals can be sought. Researching the records of mining and public land will give clues about where to fix the sweet spot for digging gold.

Stay away from hobby gold-mining sites that you see advertised in brochures and road side billboards. These locations are usually setup for tourists and thus offer little hope for serious gold miners.

After selecting the spot, one can stake a mineral claim to prevent others from intruding into the spot. For gold panning, you don't need to buy a lot of tools. Just a gold pan, a shovel, buckets, gloves, and camping supplies would be enough at the starting. A pair of tweezers and a magnifying glass will help to detect the tiniest pieces of gold. One can buy a metal detector and dredges too.

A fair forewarning - gold mining is a very hard work! One has to be willing to put in long hours and be patient enough to taste the fruit of success in gold panning. The best way would be to take it as a means of passing weekends and leisure periods than a fulltime job.

It can also be a good way to spend time with family and friends while having fun. It is a very tough job for the newcomers because knowledge and experience are the two important keys to get success in gold panning. It is also true that very few people can make their livelihood from gold mining.

While it is true that finding large amount of gold is quite difficult, the possibility of finding a little "color" in a gold pan is hard to resist.

For more tips on how to make money check out It's a daily blog with weird and wacky ideas on how to make extra money, like how to make money cricket farming and how to make money shopping. It can even answer the question as to whether or not people can make money panning for gold.

Source: EzineArticles
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