New Zealand Gold Prospecting & Metal Detecting Forums Archive

 

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gavin  
Posted : Thursday, 16 January 2014 4:08:28 PM(UTC)
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Golddigger7  
Posted : Thursday, 16 January 2014 4:31:26 PM(UTC)
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hopefully the access is sorted and there are no stupid trout wanting to sporn
simon  
Posted : Thursday, 16 January 2014 4:40:05 PM(UTC)
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whether it's 'cheap' depends on how much money someone has. i understand southland charges are steep compared to otago's?
also always dubious about what's been done with just a little 2.5 inch dredge?
i think you're always better off getting your own fresh claim. unless of course time is not on your side for all the approvals for the hidden costs of govt.
just think how long it might take to pay off 17500 with the current declining gold price. plus theres all the running costs.
my way of thinking now is no one will sell off a decent 'gold mine' type of claim. would you? and if you had a reason to sell wouldn't you try and sell to someone you knew? or an existing mining outfit would pounce on it if it was a goodie?
i've yet to come across someone that has bought such a claim and its turned out to be awesome. a good claim is going to cost good money.
all it take sis one little problem and the cost is out the window. i wonder what access is like.
on the other end of the scale the ones up nelson way were 179k. now dropped to 59k i think. and with no proven sampling.
still if you've got the money and need somewhere to do your hobby - looks very scenic.
gogold  
Posted : Thursday, 16 January 2014 6:42:43 PM(UTC)
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simon, I talked to the fella last summer, seemed to be doing alright with the 2.5inch. never revealed any totals tho but was said it was well worth the effort, he made multiple trips to carry dredge and gear in would've been an hour or 2 each way but he cant use hookah and has trouble with snorkel so I understand his genuine reason for selling.
like all claims in high country access is a biggie big walk or short chopper flight. on those creeks normal summer flows would only allow for a 2.5- 3 inch dredge very few areas would support even small dredge like 4 inch mini. good price and would be good sniping/ detecting area.

and as for costs simon until you set up your own claim and get put through the ringer by the likes of doc and enviro south then you cant really comment, probably cost 10k to set up and a lot of hours and stress. wait and see what price your mates put on the rich burn claim in a couple of years when they sell up. bet it wont be the 7 or 8k they paid.

Edited by user Thursday, 16 January 2014 6:47:25 PM(UTC)  | Reason: Not specified

G-old  
Posted : Friday, 17 January 2014 12:16:09 PM(UTC)
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total waste of $ no point wasting time n effort if the max size is 2.5 inch . and you could totaly get ur own claim for 17 and a better dredge to what a dreamer .at 1400 an hour for a chopper its guna have to be fully of gold or ur guna be there for a long time. a 5 inch dredge is the smallest you should go, any thing smaller is a waste of gas its all about the amount of rocks u move ,n the dredge is a single engine job so not guna be up to much at all.

Edited by user Friday, 17 January 2014 1:19:22 PM(UTC)  | Reason: Not specified

gogold  
Posted : Friday, 17 January 2014 1:37:06 PM(UTC)
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G-old, not every chopper costs 1400 per hour. the only reason to use a big chopper to move a dredge is if there was a long haul in say 20-30min, the nuggety/ swinburn claim you could fly dredge and all support gear in for under 600 easy with a Robbie R22 which is based in alex, ive used the same fella flew my 5inch proline in plus 3 loads of gear and fuel and also had to pay for 40min return (20 each way) flight time from alex cost 650. incase you haven't been into the area the creeks are shallow as and its all mostly sucking out bedrock cracks but poaching arsehole detectorists have gave the area a hammering over the last few years.
its not always about the amount you can move, the couple of fellas down here that I know get more gold then anyone else ive around here are only using 4 inch minis try telling them theyre wasting their time.



G-old  
Posted : Friday, 17 January 2014 2:27:16 PM(UTC)
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i like big choppers tho
N yep your guna pay a different price depending on where u are n how big or small the loads are n chopper size aswel.
but if ur guna spend good coin you want the most return for ur input ,so i believe ur $ is best spent on a claim were you can harvest with a big dredge and get more rocks up a hose and more gold in ya sluice box. if ur saying u get more gold with a 2.5 compared with a 6in then somethings not right, and its properly the skill of the operator to. but 17k is alot of coin for not much rocks moving , if ur keen enuf to buy a claim that size how long is it guna take to go 500m up river going to bedrock with a 2.5
but id say the seller is genuine, and there will be some colour.
but not value for $ if the money was coming out of my bank
you could buy that dredge for max 3k so 14 -15 k for a claim but theres no buy now so it could be more

just my view tho

and my 2.5 hasnt moved since i got a duel engine 5 n a 6 inch and theres good reason for that
simon  
Posted : Friday, 17 January 2014 3:18:01 PM(UTC)
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gogold: as i said above, if you don't want the time and hassles of setting up your own claim it mightn't be so bad.

in terms of value for money well that depends on how much gold is actually there to be found, and wether the person who is working the dredge can find the gold.

i didn't realise it's all shallow stuff as i haven't been up that way myself. so if this is the case then a 2.5 inch working selected crevices can do alright for sure.

if detectorists have been up there poaching and sniping then it depends on what damage they've done. as i pointed out in a prior post its a bloody menace the ease of access to permit info for those who are out to screw others over. i know full well there are some out there doing just this, esp the new claim submissions - seeing whats going under claim, figuring it's a likely target, and hitting it hard before it's worked legally. personally i think the old way of a bit of buckshot in the arse would sort those people out if caught but in today's world the victim would prob claim for damages.

i'm working a claim with a mate this summer. even though it's just a lease we sure know about all the crap involved in running a dredge, the payouts left right and centre by us and the claim owner, just to be able to start to operate.
jafa  
Posted : Friday, 17 January 2014 3:28:54 PM(UTC)
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the claim is only 13 hectares but guess with a 2.5" it could take a wile to dredge it all lol.
someone should go check it out its easy to sit behind the screen and say this n that but fact of the matter is its pointless to form an opinion without actually going up there to look.
madsonicboating  
Posted : Saturday, 18 January 2014 9:55:31 AM(UTC)
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fuck me i'd pay that just purely for the fact of being able to get out in that beautiful country. Jafa thats the smartest thing i've seen you ever say on here chap...im impressed! Almost! ;)

All my hobbies from jetboating to motorbikes even fishing have cost me thousands over the years...but it's all been fun. All you buggers who keep shooting down the prices because "you'l never make ya money back"...man I hope you's all havn't forgot how to simply have fun. But if it's all about returns and making your fortunes I believe you've lost the way. Go work harder!

Seriously thinking about selling the bikes to help fund this one....I dream of being able to do that shit!
Golddigger7  
Posted : Saturday, 18 January 2014 10:31:55 AM(UTC)
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all it needs is seventeen of you to put up $ 1000 each, I remember a thread when it was suggested that you all by in together, this may not be perfect, but its an opportunity. Hell I would even put in a $1000 for the fun of it, even tho I'm busy on the Arrow.
G-old  
Posted : Saturday, 18 January 2014 11:05:06 AM(UTC)
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17 people and a 2.5 dredge , sure, great deal for all involved
Golddigger7  
Posted : Saturday, 18 January 2014 11:43:37 AM(UTC)
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depends on the conditions of the consent, may be 2 or 3, 2.5 dredges may be allowed at any one time, two creeks so another dredge should be able to be used. I dont imagine that every one will be on the river(s) at the same time.