Facebook YouTube Share Tiktok Linktree by Goldminingtips Admin How to Spot Fool’s Gold It is understandable for a gold prospector to celebrate finding rocks with a shiny appearance in their gold pan; thinking that they have found gold. Before celebrating your find, you should make sure that you have actually found real gold and not one of the rocks that are often mistaken for gold. In this blog, we explore some of the rocks that are often mistaken for to gold. We also provide some useful information to help you identify if you found a material that looks like gold but is not. Why Learn How to Identify Fool's Gold? Although some rocks / materials can be mistaken for gold due to their metallic appearance, if you know what to look for, and how to do proper tests, you shall be able to easily distinguish between fool's gold, and other worthless material, and gold. This shall allow you to co...
In March 2023, an amateur gold prospector found large gold nuggets while searching with a low budget metal detector. The 'once-in-a-life-time' find was made in the Victoria's 'Golden Triangle' in Australia. The nugget, which weighed 4.6kg of rock and gold, and contained 2.6kg of gold, would be worth around $224,395 with current gold prices. It is no surprise that a large gold nugget was found in this location as it was a popular goldfield during the 1850s gold rush in the country, and has produced many large gold nugget finds. What was surprising, however, is that the gold nugget was found using a basic metal detector. The Metal Detector Used The unique feature about this find is that the amateur gold prospector was only using a cheap, low budget metal detector known as the Minelab Equinox 800 Getting the Nuggets Valued The man, who did not want to give his name, took the nugget to a local gold mining store to have the nugget valued. The store owne...