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Gold Prospecting
Hard Rock Gold Prospecting
Small scale mine make money?
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<blockquote data-quote="Moneybox" data-source="post: 632100" data-attributes="member: 3960"><p>The only way to work out if your small scale mine is making money is to calculate your income against your expenses. Then of course it makes a difference if your are enjoying the hobby or trying to make a living from it.</p><p></p><p>My tonnage rate is lousy compared to this but it's my hobby. I do have a lot of money invested in it so I need to get a return but I don't have to satisfy investors or cover overheads. We all need physical and metal challenges and activity to keep alive and healthy so depending of your circumstances it could be fun or enough to bury you.</p><p></p><p>I'm just putting together a little bit of poorly filmed video to give you an idea of my little operation. I'm getting about 0.2g per tonne at the moment but I come home by morning tea with dust in my beard and a smile on my face. My direct outlay is 5L of petrol and 20L of diesel as long as I don't break something <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /> </p><p></p><p>[video=480,360]<a href="https://youtu.be/-EBqdoiKeec" target="_blank">https://youtu.be/-EBqdoiKeec</a>[/video]</p></blockquote><p></p>
[QUOTE="Moneybox, post: 632100, member: 3960"] The only way to work out if your small scale mine is making money is to calculate your income against your expenses. Then of course it makes a difference if your are enjoying the hobby or trying to make a living from it. My tonnage rate is lousy compared to this but it's my hobby. I do have a lot of money invested in it so I need to get a return but I don't have to satisfy investors or cover overheads. We all need physical and metal challenges and activity to keep alive and healthy so depending of your circumstances it could be fun or enough to bury you. I'm just putting together a little bit of poorly filmed video to give you an idea of my little operation. I'm getting about 0.2g per tonne at the moment but I come home by morning tea with dust in my beard and a smile on my face. My direct outlay is 5L of petrol and 20L of diesel as long as I don't break something :) [video=480,360][url]https://youtu.be/-EBqdoiKeec[/url][/video] [/QUOTE]
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Gold Prospecting
Hard Rock Gold Prospecting
Small scale mine make money?
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