The Many Rewards of Finding Gold Anyone who pans for gold hopes to be rewarded by the glitter of colors in the fine material collected in the bottom of the pan. Although the exercise and outdoor activity experienced in prospecting are rewarding, there are few thrills comparable to finding gold. Even an assay report showing an appreciable content of gold in a sample obtained from a lode deposit is exciting. The would-be prospector hoping for financial gain, however, should carefully consider all the pertinent facts before deciding on a prospecting venture.
California Placer Deposits
Many placer districts in California have been mined on a large scale as recently as the mid-1950's. Streams draining the rich Mother Lode region--the Feather, Mokelumne, American, Cosumnes, Calaveras, and Yuba Rivers--and the Trinity River in northern California have concentrated considerable quantities of gold in gravels. In addition, placers associated with gravels that are stream remnants from an older erosion cycle occur in the same general area.
Alaska Placer Deposits
Much of the gold produced in Alaska was mined from placers. These deposits are widespread, occurring along many of the major rivers and their tributaries. The principal placer-mining region has been the Yukon River basin which crosses central Alaska. Dredging operations in the Fairbanks district have been the most productive in the State. Beach deposits in the Nome district in the south-central part of the Seward Peninsula rank second among productive placer deposits of Alaska. Other highly productive placers have been found in the drainage basin of the Copper River and of the Kuskokwim River.
Montana Placer Deposits
In Montana, the principal placer-mining districts are in the southwestern part of the State. The most productive placer deposit in the State was at Alder Gulch near Virginia City in Madison County. Other important placer localities are on the Missouri River in the Helena mining district. The famous Last Chance Gulch is the site of the city of Helena. There are many districts farther south on the headwaters and tributaries of the Missouri River, especially in Madison County which ranks third in total gold production in the State. Gold has been produced at many places on the headwaters of the Clark Fork of the Columbia River, particularly in the vicinity of Butte.
Idaho Placer Deposits
Idaho was once a leading placer-mining State. One of the chief dredging areas is in the Boise Basin, a few miles northeast of Boise, in the west-central part of the State. Other placer deposits are located along the Salmon River and on the Clearwater River and its tributaries, particularly at Elk City, Pierce, and Orofino. Extremely fine-grained (or "flour") gold occurs in sand deposits along the Snake River in southern Idaho.
Colorado Placer Deposits
Placers in Colorado have been mined in the Fairplay district in Park County, and in the Breckenridge district in Summit County. In both areas large dredges were used during the peak activity in the 1930's.
Oregon Placer Deposits
The most important mining regions of Oregon are in the northeastern part of the State where both lode and placer gold have been found.
South Dakota and Washington
Minor amounts of placer gold have been produced in South Dakota (the Black Hills region, particularly in the Deadwood area, and on French Creek, near Custer) and in Washington (on the Columbia and Snake Rivers and their tributaries).
Nevada, Arizona, New Mexico
In addition to these localities, placer gold occurs along many of the intermittent and ephemeral streams of arid regions in Nevada, Arizona, New Mexico, and southern California.
Eastern US Placer Deposits
In the eastern States, limited amounts of gold have been washed from some streams draining the eastern slope of the southern Appalachian region in Maryland, Virginia, North Carolina, South Carolina, Georgia, and Alabama.
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