I will be moving to vancouver shortly & intend to indulge in my favourite hobby in a big way.I have seen gold claims for sale offered by companies such as Gpex at very cheap prices.I wonder if there are a lot of hidden costs.
2006-08-20 22:04:26 · 3 answers · asked by rockhound 2 in Science & Mathematics ➔ Earth Sciences & Geology
There are no known placer gold deposits "near" Vancouver, Canada. The nearest would be the Tulameen, Bridge River, and Likely-Horsefly areas. There are some small but rich placer deposits in the Kootenays. Further north in BC, there is gold in the Nations River, Dease Lake and Atlin areas. There are no other significant placer gold deposits in BC.
It is very difficult to assess the merits of placer gold deposits, your best bet is to review the production records - but these are notoriously inaccurate as the last guy was trying to beat the tax man. You also want to check into water rights and permitting.
There are legitimate placer gold operations, but there are just as many scams. Caveat emptor!
2006-08-21 12:28:08 · answer #1 · answered by minefinder 7 · 0⤊ 0⤋
Good advice to you. Try doing the work before you buy into a thing like that. It is a lot of very hard WORK. Try it first. You can work all day and have nothing at days end other than some black hematite - which is worthless.
2006-08-21 13:27:05 · answer #2 · answered by Anonymous · 0⤊ 0⤋
no there is basically no hidden costs, but the down side to cheap plots are there is basically no gold,,
these plots have been worked for years my friend and if you find more than a ingot you will be doing very well.
contact the members club for info of good available sites,,
remember if it sounds to good to be true it usually is
good luck
2006-08-21 05:11:41 · answer #3 · answered by Anonymous · 0⤊ 0⤋