Gold prospecting requires a detailed geographical
analysis of a site. The small scale enterprise searches for gold deposits for
commercial purposes.

The business involves hard physical labor and specialized
equipment. The process of mining also involves digging, sifting, panning and
sluicing. The prospector is required to apply for a permit and lay a claim. To
succeed as a prospector you need geological knowledge, training and equipment.
Gold
Prospecting Business
Types
of Minerals Mined
There are a host of minerals mined in small and large
scale. The common minerals are platinum, antimony, diamond and gold. Others are
silver, gypsum, kaolin, mineral sands and base metals like copper, zinc, lead.
  • Platinum
  • Antimony
  • Diamond
  • Gold
  • Silver
  • Gypsum
  • Kaolin
  • mineral sands
  • base metals
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Gold
Prospecting License
The requirement to obtain a prospecting license is
different in most countries. However there are similar elements in the
application procedure and processing.
The prospecting permit according to Queensland government
is of two types. You can apply for a district prospecting permit or parcel
prospecting permit.
The permit can be sought for any mineral other than coal.
The district permit is applicable to all available land within a mining
district.
The prospector should obtain a written consent by
landholder. The parcel permit is granted for a particular parcel of land and
permit does not exceed 3 months.
If granted the permit allows hand mining, mining claim
and peg a mining lease. Small scale mining do not require an environmental
authority intervention. There are also native title issues to be addressed.
Feature
of Prospecting Permit
The feature requires the naming of the specified mineral.
The duration not exceeding 3-12 months and size of land should be specified.
The permit is one time, no rent payable and a small application fee is
required.
  • naming of the
    specified mineral
  • duration not
    exceeding 3-12 months
  • size of land
    should be specified
  • the permit is
    one time
  • no rent payable
  • an application
    fee is required
The
Application Form
The application form includes name and address of
applicant and applicants company details. The next is the description of
application area and the name/address of owner occupiers of the land.
The form has the native title section, application area
licenses and license term not exceeding 5 years. You the have the proposed
mineral mined in this case gold.
You then need to provide evidence of financial
capability. State the expertise of the miners, experience and previous
exploring activities. You then include work program details, pay application
fee and declaration.
  • name and address
    of applicant
  • applicants company
    details
  • description of
    application area
  • name/address of
    owner occupiers of the land
  • native title
    section
  • application area
    licenses
  • license term not
    exceeding 5 years
  • state the proposed
    mineral (gold)
  • evidence of
    financial capability
  • miners
    experience
  • previous
    exploring activities
  • work program
    details
  • pay application
    fee and declaration
Documents
to Submit with the Application
There is some documentation to submit with the
application. You need evidence of financial capability, work program,
certificate of company registration. Others are survey of location, evidence of
authorization, written consent of property owner
  • evidence of
    financial capability
  • work program
  • certificate of
    company registration
  • geological
    survey of location
  • evidence of
    authorization
  • written consent
    of property owner
Hand
Tools
The hand tools you need are basic and low cost. However
if you want to go into big time mining the equipment is very expensive. Hand
tools permitted on a mine are windlasses and sieves. Others are shovels, gads,
picks and jackhammers.
  • Pickax
  • Windlasses
  • Sieves
  • Shovels
  • Gads
  • Picks
  • jackhammers
Large
Scale Gold Prospecting Equipment
The equipment you need for large scale prospecting is
sluices and pans. Others are dredges, fine gold recovery system, gold detectors,
rock crushers and vacuum. More equipment’s are gold trammels, assaying picks,
shovels, and smelting equipment.
  • Sluices
  • Pans
  • Dredges
  • fine gold
    recovery system
  • gold detectors
  • rock crushers
  • vacuum
  • gold trammels
  • assaying picks
  • shovels
  • smelting
    equipment
How
to Prospect for Gold
Prospect
Site
You need to work with a geologist to study the site
survey. You then search for the precious mineral in bedrock formations and
waterways. Places to look are rivers, streams especially river bends.
Install
Equipment
Setup your mining equipment for maximum efficiency. Use
hand tools like shovels, diggers and shakers. The type of equipment depends on your
permit.
Provide
Living Quarters
The dig site is most likely in a remote are. So you need
to provide habitable living quarters for yourself and workers. Build wooden
cabins or put up tents and provide basic living utensils.
Provide
Security
Security is very important in gold mines. This is because
there are many people with bad intentions. If you have a permit to carry a
weapon it is advisable to have one.
Find
the Gold
Gold mining is hard work with no guarantee of success.
You can work flat out without finding any gold. Gold miners tend to concentrate
on the most productive sites for better result.