Though it is generally accepted that the great deposits of placer gold were exhausted during the 1860s and 1870s there is still gold to be found in New Zealand rivers today. Usually, it occurs only in quantities sufficient to add a little excitement to a day’s recreational prospecting. But with gold now around US$900 per ounce you never know how much of the mortgage you might be able to take home if you stumble across some isolated and untapped stretch of river!
Though it is generally accepted that the great deposits of placer gold were exhausted during the 1860s and 1870s there is still gold to be found in New Zealand rivers today. Usually, it occurs only in quantities sufficient to add a little excitement to a day’s recreational prospecting. But with gold now around US$900 per ounce you never know how much of the mortgage you might be able to take home if you stumble across some isolated and untapped stretch of river!
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