Q: Fran asks: Hi Prospector. Jess, I really liked the videos outlining how to track a pay streak in the river curves. I am about one year into prospecting and this revelation really tweaked it in for me. I have a question , I read somewhere that the most valuable Gold is not yellow in color. I believe that it stated that it is black and very dense as well. It is described as the Elvis Presley of Gold and is extremely rare. It is most often chucked aside mistaken as unwanted heavy s. Do you have any info on this Gold?
A: The most likely dark or black looking gold like nuggets that were often mistaken for lead and lead shot is platinum in the form of small platinum nuggets.
The old timers had no idea this stuff had any value so they threw it out as they would lead. I’ll post some pics on the site so you can see what it looks like. See below.
By the way spot Gold is now at $1743.40 USD/Oz and platinum is only $1633.49 USD/Oz typically platinum has been higher so you may see it move up along with silver to catch up with golds price rise.
All the same keep an eye for small elongated silver-gray nuggets that seem quite heavy for their size, could be platinum. Usually there is a history of platinum and related metals in the streams where you find it. Pure platinum has a density of SG=22 or so depending on iridium and osmium in the alloy where pure gold is around 19.3, so yes it is quite dense in fact platinum is about twice the density of lead.
Brian davis says
I’d like to get in touch with Nick about the platinum nuggets in Alabama. I have a lot of information about this subject and I think we can help each other. Could u please forward my information to him? Thanks a lot
Hey this isn’t Nick but I would like to talk to someone about some platinum I think might have found I need some help
Hi, I recently found a somewhat smooth silver looking chunk on the banks of a river in Idaho, City, Idaho, an old mining town. How could I have it tested to see if it is platinum or silver or nothing of significance? I’d be happy to send you a photo if you’d like to see it as well.
Thanks in advance!
Ashley Collier says
I dug water wells around the Ozark mountain area about ten years ago. I struck gold at two hundred and ten feet in Snowball, Arkansas.
IINEZ LEE says
tim shaw says
Hi .i am panning gold in s.africa.a small stream running near pilgrims rest.i am getting an ounce an hour of pure gold nuggets.panning without a licence is illegal here as is selling gold.we just have to keep mum .
hi Mr, I found stones,they look like platinum,they silver gray in colour.I went to one of the gold exchange shop.the guy told me its not a platinum. he used magnet and told me platinum is not attracted to magnet. I have almost kilograms of this stones.the stones are heavy look exactly like the ones I see on the internet.
Thomas Scott says
Platinum always has other metals mixed into it. This makes some platinum magnetic in nature.
i aqm from tamilnadu. india
i find platinam in my area but there was government stoping or any some !$!#$^%^& person doing for them….
wat i asking you how to take the platinum
hai we need some chat for our area was full of platinum…..
i am true one i am telling in my plase…….. tamil nadu . indian…………….
so i need help from because my frinds we find before 5 years but known about that. but now central gov doing something teribel thing in there own …………… so there are many of here……… pls reply me
Robert Ainsworth says
I’d like to purchase the Platinum DVD. Is this possible? Thanks,
Prospector Jess says
It’s not yet available as a separate DVD product yet. I logged your request.
Brian Findell says
Yaeh, I Now know I threw out a bit of That platinum away, I am thinking I maybe should have Looked in to it a Bit further.But I will never know for sure At this point????? Dang Nabbit!! 🙁
Paul Smith says
Looking forward to my 2012 season in Alaska,
Can’t hardly wait!
Prospector Jess says
Sounds great, post some pics when you find your pay streak!
I think I found some silver or platinum. Maybe 1 oz+ size in Alabama. I would like to send a picture.
Jess can you direct me into worth well literature on helical flow and general river flows. I am very interested in discovering old river currents and possible diversions of creeks. i appreciate it.
Kenny Newton says
Jess do you sell maps, of clark county nv. i am in overton nv. a lot of bear land here, need to know where to start.
Prospector Jess says
Take a look at the USGS Gold Map system on the Hunting4Gold.com site. We offer a video showing you how to map out gold mining resources around the planet. Yes it has mines in Clark County too. Take a look, I think it will help answer where to start looking for gold. You’ll need to make sure mineral access is clear too, but start with trying our USGS Maps system. It has a money-back guarantee too.
Here’s the link to the USGS gold map video product description: https://hunting4gold.com/gold-prospecting-deals/usgs-gold-maps/ Good Prospecting! Prospector Jess
i just have have one question.according to some geologists there is no gold in arkansas.is this true?i am 58 years old and thinking about taking up panning for a hobby.is it worth it
Prospector Jess says
Your geology friends are right. There are only 4 gold producing mines of record in Arkansas in the USGS MRDS & our gold mapping system. Of those 4 only 1 lists a significant gold production as output, not sure how significant. That location is called “Old Spanish Diggings” out of Lonsdale. The closest significant gold fields are in eastern Alabama. Some smaller ones in SE Missouri and Eastern Tennessee.
As for panning as a hobby, you can also pan out concentrates from your field trips as well as pan out “pay-dirt” from on-line sources. Some report getting good results there, I assume that would only serve to develop the skill. The read deal is to find a good location make sure you can prospect there (OK by claim owner in writing) and then do the prospecting, which uses more skill than just the panning.
Yes, it can be a lot of fun and worth the effort, will it pay a high return? Most often not, especially if the person isn’t willing to follow good prospecting procedures. If you follow good procedures there is a better probability that you can get a significant find of gold. That’s why it’s so exciting, you determine a big part of your success by learning all you can and practicing as you go.
Beware of anyone promising you a high return, especially on a claim sale or mine partnership. That’s where you need an expert that has no stake in the claim or deal themselves, whole different discussion there…