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Gold Prospecting e-News, Issue #028 - gold-prospecting-seminars-extra-free-day
July 14, 2013
G'day

Gold Prospecting Seminars Now With a Free Extra Day

Table Of Contents

Extra Days Training at Gold Prospecting Seminars for Same Price

Cleaning out Gold Patches

Geological Survey of WA Newsletter

Where is the Gold Price Going - Regular Article


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Extra Days Gold ProspectingTraining - NO Cost to You

Hi everyone

Udo and I have been pretty busy the last few months with training seminars and tagalongs and building a new website.

So we are a bit behind in the newsletters, and we apologise for that.

Due to a request during the a recent 2 day Gold Prospecting seminar in Cue (held on a Saturday and Sunday)we added an additional day to the seminar.

We used the first two days to ensure everyone could completely understand and use the Geomap software and had a stronger grounding in WA Geology, Tengraph and Metal detector theory.

We then spent an extra day at Udo's Mining lease on the Monday to help people with their metal detecting technique and allow them to try their luck metal detecting for gold on the lease.

That was very popular to the metal detectorista at the seminar so we are going to use that model for the remaining two seminars this year.

Remaining Seminar dates

  • Sat 31 August and Sunday 1 September (Monday 2 September we will travel to Udos Mining Lease this will be the extra day)
    Available Places - 4
  • And Saturday 7 September and Sunday 8 Sept (Monday 9 September we will travel to Udo's mining Lease this will be the extra day)
    Available Places - 6

Basically you will get an extra day training for the same price of the two day seminar and the chance to find a bit of gold on Udo's Mining Tenement as well.

There are a few positions left in these seminars, the only ones that are left this year, so if you are interested reply to the email now by Clicking on your email reply button.

Provide the following information;

  • Name
  • Your best email address so we can contact you.
    Please make sure there is no typos.
  • Your preferred seminar date.
  • Whether you have a Miners Right.

The available places left will be first in best dressed.

Here is a link to the page that will tell you what the seminars are all about if you are not sure.

Gold Prospecting Seminars in Cue


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Previous Graduates Cleaning Out Patches Metal Detecting

It was fantastic to see some of our last years Metal Detectorista graduates visit us over the last month or so and they have been successful with their gold nugget hunting recently.

Bob from Queensland has been around the area for a month or so and has around 80 or so gold nuggets and 80 grams of gold to show for his efforts - hopefully we will get some pics off him to show on the website later.

I was really impressed by his application of the training "Cleaning ALL the gold out of an area."

Bob was detecting on ground that had been seriously hammered (and supposedly, CLEANED OUT) in the past.

He did two things differently that put him in the top 1% of detector operators - the 1% that find gold regularly compared to those who get lucky and find one big nugget.

  • He methodically moved all of the rocks in the area in a patch where he was finding gold and then went over the same ground again.
    (He also replaced them later so no-one will know where he has been! That is a smart move - don't even tell you best friend where you find gold!)

  • He also purchased a Nuggetfinder 8x6" Mono Sadie to ensure he got all the small gold and left nothing for the next person.

Talking about the Sadie coil, unless we are in a new area searching for a new patch with bigger coils, I couldn't pry Udo's Sadie off his detector unless he was unconscious.

If you haven't got a small coil in your armoury buy this one if you can afford it - it will pay for itself quickly.


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Geological Survey of WA Newsletter

Udo and I are impressed with the Department of Mines and Petroleum and the work they do to assist prospectors in their efforts to find Minerals.

We also have had good feedback about the people who work in the DMP customer service counter in Perth and at various field offices - Thanks to all those people for the job they do in helping small prospectors.

If you want to subscribe to the Geological Survey of WA Newsletter which includes information like training and new publications then We suggest you subscribe to their newsletter to get the latest information.

Here is a link to subscribe to their newsletter

GSWA Newsletter Subscribe Page

Here is an extract of the next database training session in WA which was outlined in the latest GSWA Newsletter

"Come to a FREE interactive full-day presentation which includes navigating the DMP website, searching for geoscience publications, finding mineral deposits using MINEDEX, finding digital datasets using the Data and Software Centre, open- file mineral exploration reports using WAMEX.

Learn how to bring it all together with the interactive map viewer, GeoVIEW.WA, and GeoMap.WA, a standalone GIS viewer for Windows.

Perth

Mineral House, 100 Plain Street, East Perth Thursday 18 July Thursday 7 November

Kalgoorlie

Joe Lord Core Library, corner Broadwood and Hunter Streets, West Kalgoorlie Thursday 14 November"


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Gold Price and Where is Gold Heading?

We subscribe to a free newsletter called "Money and Markets" and one of their analysts Larry Edelson had this to say about where the gold price is headed.

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Sidebar - Important Disclaimer

(Note that the price described here are US Dollar Prices. ("Source: http://www.moneyandmarkets.com" Udo and I are in no way associated with this company nor do we get any benefits of any kind by referring you to their website, we are also not financial advisors so please contact your financial advisor if you want investment advice)

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This is what gold analyst Larry Edelson suggests is the short term forecast for precious metals like gold, silver, palladium and platinum.

After this bottom then Larry sees gold going to around $5000 ounce and silver over $100 per ounce in the next bull run of precious metals over the next few years;

Other commentators may have different viewpoints so it is provided just for information only.

"Gold keeps crashing. Ditto for silver. So the question is: Are we near a bottom yet?

I can't tell you precisely what the low will be. No one can. All I can tell you is that ...

  • 1. Timing-wise, we are very close to what could be the final low for precious metals in their two-year long interim bear market.
  • 2. Price-wise, we are also very close. As I've told you before, long-term support levels come into play at the $1,170 to $1,200 area in gold.

In silver, the long-term support levels are scaled in from $17.70 down to $16.33. Silver's now lagging just behind gold, but it's almost there now too. So yes, a bottom is almost here.

I say almost, because in any market, extreme movements are often the most difficult to predict. There's a chance, for instance, that gold could fall to as low as $1,110, or even $1,060. Silver to as low as $14. I don't think we'll see them get that low, but if we do, so much the better.

........

Q: Once gold bottoms, what is its next move?

A: We should soon see a strong rally back to the point of the sharp breakdown. Back up to the $1,550 to $1,600 level. Then once that is taken out, we'll be on solid ground for new record highs in the months and years ahead.

Time to start watching the gold price closely?


Training Places Left 2013

There is only a few vacancies left in the two seminars on

  • Sat 31 August and Sunday 1 September
    Available Places - 4
  • And Saturday 7 September and Sunday 8 Sept
    Available Places - 6

Don't forget you will get and extra day added on these two seminars see ; Extra Days Training at Gold Prospecting Seminars for Same Price


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Facebook Page for Gold Prospecting WA

Here is a link to our Facebook page.

Gold Prospecting WA Facebook Page


Regards

Udo and Bill

Nobody gets ALL the gold. Theres still plenty left for you.

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