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The gold in the sea is worth $1500 trillion, according to author John Emsley in his book, Nature’s Building Blocks (Oxford University Press). Nobel Prize winner Fritz Haber was part of a failed scheme to extract it to pay off Germany’s debts after the First World War.
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For the current gold price see our GOLD PRICE PAGE. Another gold panning spot in
Westland West Coast Gold (photo, right) A new public fossicking area has been
created A southland man, Henry Geerlings, found a 8.87-ounce (275 gram) nugget in Otago's Arrow River in January. He was snorkelling in the river and swishing the sand around and saw a "bright yellow flash." He cried out with joy and prized the rare find out of a hole where it had been wedged. The nugget was authenticated by Mr Jim Rose, owner of the Arrowtown Gold Shop. At today's price (January 29) it would be worth about $NZ8,000, but Mr Geerlings said he would be putting the word out on eBay to see what sort of interest was out there. He estimated that it could reach $NZ30,000-$NZ40,000. The nugget appeared to have shovel marks on it, Mr Geerling said, probably from his own prospecting last year. He spent about three or four days at a time in the river. His biggest find before this nugget was a 2-ounce piece. The largest gold nugget ever discovered in New Zealand was the "Honourable Roddy", which weighed 99 ounces (3.7 kg). It was found at Ross on the West Coast. Brian Powell of Renwick, Marlborough, and his friend Gerald Prouting take turns showing local children his on-farm museum and how to pan for gold in the Wairau River. At Bartlett's Creek, up the north bank of the Wairau River where the family farm is located, Brian finds that youngsters of the area jump at the chance of learning to pan. A gold-bearing reef runs through Bartlett's Valley, the Marlborough Sounds and the Wakamarina Valley, off the Pelorus River. Brian says it is a seam of quartz, blue schist and gold, but the gold is found only here and there, not along the whole length of the seam. Gold from the Wakamarina River is fine, but at nearby Fabian Valley it is rough, often in little round nuggets "like a pea or grains of wheat."--From Gold Diggers by Tony Orman, published by the Marlborough Express, November 19, 2005. The Louis Creek Mining Society has opened its claim to public fossicking by pan or sluice box only. A picnic spot with toilets is also available. The Louis Creek drains, with the Maude and Maggie Creeks, into the Howard Valley in the Buller region of New Zealand's South Island. The society has 40 members, all keen hobby fossickers. Other productive creeks in the area are New Creek, Sheep Creek and Thompson's Creek. The Howard Field, of which all these creeks are part, was put on the map by explorer Charles Heaphy (who has a track named after him) and by the 1915 rush and subsequent sluicing by miners of the 1930s depression. Hobby fossickers are still satisfied by the gold flakes they find, especially if they come out of unworked glacial moraine. "After spending four days panning in Slab Hut and Lyell creeks before getting flooded out, and in the process losing my sluice box (left on the other side of the riverbank to use in the morning, and it was [then] too dangerous to cross the river)—it must be easier to watch a video. Please find enclosed $30 for the Gold For The Taking video." —Graham of Palmerston North, 11 December, 2001. New equipment
Some fossickers' refinements Photo No. 1 Two of the three
friends in a river, looking for a spot to set up their sluice
boxes.
Using a metal detector (below)
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