Did you know there is still a lot of gold to be found today? It's estimated that only 5 to 10 percent of the world's gold supply has been discovered. That means there is still 95 to 90 percent of gold just waiting to be found and with the right tools and equipment you can find that gold. At Fred's we have the tools and equipment from panning to small scale mining.
Gold prices have TRIPLED in the last 10 years and the long-term price trends still point up, so there's never been a better time to find your own! And the best part is that you can find and recover placer gold in numerous ways with a variety of affordable equipment and supplies found on this website that will meet your needs and your budget.
We strive to bring all these new products to you on this website. Whether you're gold panning or want to use a sluice or a highbanker in a stream, or a drywasher in arid regions, or a trommel that moves lots of material, or a gold panning machine to save your muscles, or a gold detector, you will find lots of choices and information.
What is a placer mining claim? The offical definition is "all forms or deposit, except veins of quartz, or other rock in-place." In other words, any deposit not located in a lode deposit. It is a piece of publicly accessible federal land that is open for mineral entry and claiming. Filing a mining claim with the Bureau of Land Management gives you the right to extract the minerals on the claim, but does not give you exclusive rights to the property itself. In the Lower 48, the maximum size of a mining claim is 20 acres per person.
Remember that federal, state or local guidelines and regulations may differ from location to location, so be aware of the rules before you prospect anywhere. There's still plenty of gold to be found (U.S. Geological Surveys estimate that 33,000 metric tons-- nearly 1.2 billion ounces-- await discovery, mostly in the western USA), so get out there and get your share!
DID YOU KNOW? The market price of gold is based on 1 troy ounce of pure gold. In every ounce, there is 480 grains, 20 pennyweight or 31.104 grams. Since gold has gotten so valuable, it has become necessary to weigh it down to a fraction of a grain. Every grain counts and every grain is valuable, so before you go to sell your gold, weigh it carefully on a sensitive digital scale that can register to at least one-tenth of a gram.
The spot price of gold is the official price of gold at any given moment and can vary between different sources of data. The most common quoted spot price comes from the London P.M. or afternoon fix gold spot price, actually set during the morning hours in the United States, around 9:00 am Eastern Standard Time. The London PM fix, of all the gold spot prices, is the price at which the world's largest size gold purchases and sales are accomplished on any given day. This is the one price of gold in US dollars which is quoted daily, and familiarly, around the world. During the U.S. trading day, the spot price is usually based on the latest Comex spot gold price. This is a constantly changing price from the New York markets, and trading goes on until about 2:00 p.n. Eastern time.
Chunky nuggets, gleaming flakes, fine flour gold... all forms of the shiny stuff have been valued since the dawn of time as a store of wealth, and gold continues to be the most solid medium of exchange in the world. No matter the size or type, or whether you find it in a stream or out in the desert, gold is the noblest of metals and having the right gold mining equipment makes recovery easier, more profitable, and lots more fun!
Luckily for all of us, modern-day prospectors and manufacturers are constantly inventing new and innovative equipment and supplies to make gold recovery much easier than it was during the Gold Rush days of the '49ers!
Whether you're a part-time prospector, dedicated metal detectorist or rockhound, there has never been a better time to get involved in the modern day Gold Rush! Not only is treasure hunting a hobby that can pay you back, it's an activity the entire family can enjoy together in the great outdoors.
Perhaps one of the best benefits of gold prospecting and metal detecting is that with the price of gold today, you don't have to find much to completely pay for your equipment-- and the rest is pure profit! Thanks for shopping with us today! RememberFREE shipping to Lower 48 states on any order of $350 or more and NO SALES TAX! International shipping information here.
In the words of Tom Massie, star of the Outdoor Channel's Gold Fever, "... my favorite way of prospecting is the way that gets me gold." Suction dredging with a wetsuit can be quite lucrative not only from the material you suck up but there's also the chance of picking nuggets out of a crack in the bedrock.
Highbanking along the shore is a bit warmer and dryer, but just as fun. As is gold panning in a stream. Drywashing out in the desert surrounded by sunshine and solitude definitely has appeal. And so does uncovering buried treasure while metal detecting. And don't forget melting or smelting cell phone parts or old jewelry and coins. No matter your favorite way of finding gold, one thing is for certain, there's nothing quite like getting out there in the field or in the water and getting your share!
Having the right gold prospecting equipment will change your entire approach to this fun hobby. With the right equipment, your chances of finding this precious metal is much greater than having the bare minimum. With several key items included in any gold panning kit, being aware of the best items to have within your budget will help ensure you have a successful gold prospecting hunt.
With a wide range of gold prospecting equipment for sale, you certainly dont want to be wasting money purchasing the wrong items. At Kellyco, we have you covered for every circumstance and any budget. As a result, there are a number of different items that we believe should form the basis of any treasure hunter kit.
This hobby doesnt need an individual to have a wide range of mining equipment. Instead, gold prospecting can be easily achieved on a small budget while still enjoying the exciting experience of gold panning.
Looking through the pages of gold prospecting equipment, you may feel confused as to what is worth spending your money on. However, we feel that there are some key items that should form the basis of any gold prospecting kits.
The exact items will depend on how serious you want to take gold prospecting. If you love the idea of dredging rivers or streams to see how much gold you can uncover, then we have the equipment that you will need to do just that. Also, if the idea of some gentle gold panning or metal detecting is more up your street, then we have you covered as well.
First, if you love the idea of covering rivers and streams to uncover any gold that may lie in the water or bed, then a dredger would be important. This item comes with a motor, sluice, classifier, and suction hose to bring up the material from the bottom and to then be sorted through.
At Kellyco, we stock each individual component that would be required to either establish your dredging kit or to replace items that may be tired or require updating. From a wide array of suction hoses to attach to your power jet, to a variety of engines with different HP, our team of gold prospecting experts will be able to advise you on the best equipment to purchase for your bounty hunting adventures.
Of course, for those who are beginners with gold prospecting there are more inexpensive ways to build your kit. A simple gold panning kit costs very little and yet it is a wonderful way for someone to be introduced to the joys of gold panning. But, if you want to invest some extra money, then there are several items that should be on any list.
First, you need to consider if you wish to use a water sluice or a drywasher. As the name suggests, a drywasher uses alternative methods in that it focuses on air to separate the gold from other debris. Also, having a range of classifying meshes to hand can help you quickly sort through debris and be left with pure gold at the end of it all.
Of course, you may be drawn to the idea of gold prospecting with a metal detector, and that is an area where we certainly excel. With several options available, we have several gold detectors and search coils from manufacturers such as Whites, Nokta Makro, and Fisher.
However, dont break your budget on a gold detector, there are several cheap gold detectors at great quality. With every type of gold detector, no matter the budget, you will be able to distinguish between rocks, debris, other metals, and the gold itself. It does most of the hard work for you allowing you to simply enjoy the act of uncovering the gold.
For those just starting out with gold prospecting, we also have a number of kits that can be used as a way of an introduction. From the Minelab gold panning kit complete with a riffle pan and classifier, to Garrett producing their own sets, some of the biggest names in the industry understand exactly what you need when searching for gold panning equipment.
We know that you may have a number of questions surrounding what to buy and whether or not certain items are worthy of the investment. If this sounds like you, then make life easier for yourself by giving us a call here at Kellyco. A member of our team of expert detectorists will be happy to advise you on the best items to purchase that will allow you to get started with gold prospecting.