Hooked on Gold Gazette 3/14

Prospecting Fever

· Gold Spot Closing Price for Friday: $1002.50
· Spot price last week: $972.40
That’s right folks. We have a weekend close above $1,000



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Calendar of Events

MARCH

9th Daylight Savings Time Begins in Colorado, Spring forward!
12th GPOC General Meeting 7:00 p.m.
17th St. Patrick’s Day
20th First Day of Spring
21st Good Friday
23rd Easter

APRIL
1st APRIL FOOLS DAY – Arkansas River is open for Motorized Equipment
9th GPOC General Meeting
25th – 27th SPRING Gem, Fossil and Mineral Show – Denver, Co.
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NEWS

Do you have cabin fever in a big way? Are you waiting for that first opportunity to go prospecting and find some gold? Boy, WE sure do!!!! Looks like the trip to Arizona will be sometime the first part of April. In the mean time, there are birthdays, Easter, Spring vacation, when we get to visit with the two older grandsons, and snow. Temperatures are moderating into the 50’s, so we will get to go and play on Clear Creek in the next few weekends just to get our prospecting fix. In Arizona, we will be in the Prescott area where my brother lives. Always a fun time for us, early in the season. We are trying to make connections with my brother’s friend near Stanton to see if we can find some of his gold for him with the metal detectors.

I saw a very interesting report on the newswires about mining in India this week. Their cabinet voted to ease their mining policy to shorten the time it takes to get new mining leases granted. It is expected to take 6 to 12 months with the new system. Now, you might wonder why this is so important. Well, it seems only 10% of India’s minerals have been explored for, and as we all know, India needs more and more minerals for their booming economy. If they can get those in country, everyone wins. There will be less pressure worldwide in the competition for these minerals. However, don’t expect it to be over night. It does take years to develop these things.

So, is everyone tired of the promised changes in the site as I am? Man o man, there seems to be one thing after another that gets in the way of my moving forward. Take heart. There should be things going up this next week. Hopefully, by Saturday night the changes my tech needs to make to the pages will be complete and I can start duplicating the template to get additional pages up. If not, I’ll do it anyway and we will have to deal with the additional pages when the time comes. Time is a wastin’ and summer prospecting will be here before we know it.

I have a couple of new link partners, so check them out. Also, here is a link to prospecting books that I don’t find too many other places. http://www.research-unlimited.com/index.html

More researching information will be out this weekend. While I know most of you only want someone to point you to a spot to dig gold, at these prices, there aren’t many who will give you that information willingly, and there aren’t many sites out there that will even tell you where the open spots are. We are trying to give you that information for some of Colorado. If you have information that the public can use for other states, we can start pages for each of those areas.
World Open Panning website has this year’s world wide panning competitions listed and they add more all the time. A great site to visit: www.worldopenpanning.homestead.com .

Until next week……
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If you find a broken link, please let us know
THE ARKANSAS RIVER is now closed TO MOTORIZED EQUIPMENT FOR THE WINTER UNTIL APRIL 1, 2008.
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Good Prospecting to You,
Larry and Shirley Weilnau
www.hookedongold.com
http://www.thevideosense.com/user/MQS/ Prospecting Videos
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More Sources for Finding Gold

Finding a piece of gold like this beauty from California is the dream of every gold prospector I have every talked with. Learn about some of the resources you have available to help you find your own mother lode.

I am having a hard time believing it is March 12th!

Nobody is watching gold right now with the DOW going up, but gold is also back on the upswing. Many were hoping it would reach the magic $1000 mark early last week, however, it fooled most people and reversed course a bit.

As promised, I am continuing my article on research sources to help you in your search for gold. Friday we talked about local sources of information in your libraries and newspapers, and the people who are affiliated with your local prospecting clubs. Another source of information can be found in the official reports done by the USGS geologists and mining engineers sent into the field in the 1800’s to collect data about mineral deposits, along with other information needed by government agencies. Many of these old reports are still available from the USGS (United States Geological Survey).

The USGS also has a couple of databases you might find interesting in your search for gold. One is the Mineral Resources Data System (MRDS) and the other the Mineral Availability System (MAS). The first database contains mineral occurrences as well mine sites for industrial mineral and metallic mine sites that are known worldwide, and can be a source of information to obscure deposits often never mentioned anywhere else. However, the quality of some of this information may be in question, so you still need to do your prospecting on any information you might obtain. Some of this information may simply point you in the right direction, but values may not be enough or in a form that is practical to mine. Also, some of the coordinates may be off the mark, and are more in a general area than pinpointed, with a few off by more than a mile, and should be used in conjunction with other resources for a better overall picture. We’ll talk some more about sources to help you find gold in the next blog.

OOPS! When I read this post, I realized I had NOT talked about your local resources before, so I will include that in the next posting.

Good Prospecting to You,
Shirley Weilnau
http://www.hookedongold.com/
info@hookedongold.com
http://www.hookedongold2.com/ Metal Detectors at auction