its a basic concept. like hash tables. the gold is dispersed equally in the land so you do test holes and with calculation can have a good estimate for the gold. the more holes the better the estimate.
I like the behind the scenes stuff that shows what sort of research and exploration is required to mine gold. Also like the historical references to Alaska gold mining.
I live in Fairbanks. In the area, the bedrock depth varies widely. In Chatanika area, nearby, the area dredged out by the old timers, the bedrock was about 70 feet or so. But all the bedrock in the area is Schist that is folded/twisted up so it can vary widely. Geologicaly, the state is an assemblage of terranes.
Is it just me or does it sound like the guy who runs the drill, has a vibrating to his voice when he speaks like you standing on a vibrator pad or something
@@romerooo3212 my guess would be that he's trying to lower the tone of his voice to the amount that it almost cracks, which causes the vibration like sound
@@robynb.802 I'm just now thinking about it I thought maybe they were standing on a platform that might be vibrating like Machinery running, but then again Parker and nobody else had that effect it must have been something natural on his voice for sure but definitely noticeable that's, funny though
Hey Parker, I too am 25 years old so, watching you working hard, making money and taking risks inspires me in a whole different level. I am a fan. Keep going bro. 👍
Parker appears to become a savvy businessman at a very young age. This coupled with his gold mining savvy, he should be near the top in the gold mining industry.
Not worth their time. One of their operations would barely take a month to strip and process this land. Not worth the expense of moving in the equipment. That's why there is a place for small scale operators like the ones on Gold Rush. You see the same thing in Texas where you have small private oil wells that produce fifty or sixty barrels of oil a week. Not worth the time for a big oil company, but a nice chunk of change for a small landowner.
@@thtiger1 Exactly, a set back like the one Parker endured might have cost a bigger company in the millions. They're probably spending 200k on salaries for their workers, maybe even just the foreman and some of the specialists. I can't imagine how much for shipping the equipment and infrastructure.
@@seansullivan7928 bro parkers life from a teenager has been on this show. parker spent summers with his grandpa mining his property. and his grandpas property was not that great. but he showed parker how to do it. parker started the show as one of the least successful guys. and that makes what hes done as something really special. they were lucky if they got 10k back at his grandpas. but it was invaluable what he was taught
i cant watch it on tv it annoys the shit out of me how it will show you a 5 min clip and then an ad break comes on then shows you the exact same clip again as a recap like im a braindead fish with a 5 second memory
If you know anything about Parker Schnabel he looks at those drilling reports he doesn't guess. That is something that Tony beats taught him when he went up there and looked at the original claim with Tony beets Tony showed him all of the original drilling reports that the first pieces of land that he worked on the gold claim were not that good but Tony said you prove it to me that you can do this and I'll give you better ones and he gave them better ones and better ones and better ones. and if you're going to spend $3 million on a piece of land you want to know about how much gold is there and that's what he looked for. Because he's smart enough to know what's good land and what's Badland and what's been mined already for a kid who's just 20 something year old he's been doing this a long time now he's a pretty smart man
It doesn't take a whole lot of skill to do basic math from the numbers he's presented with. He knew the ground was previously worked, the price is high and after 5 deep lines nowhere near his target he did a few more lines. That seems like a discovery funded fool's errand for some dramatic footage.
@@uwillnevahno6837 it's not really a a matter of good footage or bad footage. Just like Tony going through tailings that have already been ran through one time by the old timers and he got over 600 Oz out of that stuff it's the same thing with that Parker's doing a lot of that land has been worked over up there and it's hard to find virgin property so what you have to do is you have to drill you have to test to see what's in the ground still to see what the old timers didn't get because they just got the stuff on the top they didn't get all the stuff there's a lot of gold up there still it just knowing where to dig and what the technology they have today compared to what they had back then if you're going to spend $3 million on a piece of land and with the hope of getting your money out of it and making a profit then you want to test it first before you ever go up there and start digging you want to test the ground to see what kind of percentage of gold is left over still. The land had gold on it but the problem was the gold was very deep and he was going to have to take off over 40 ft of overburden to get at it been between the cost of that you have to at least be able to recover what you spent and it was going to be more his recovery costs compared to what he was going to make just didn't make good sense but you're not going to know that until you test the land. Face some facts Tony Beets and Parker Schnabel they are definitely not Todd Hoffman who just goes out there with a pan and digs a little bit and says oh this is a good spot. There is a lot of science that's involved in this.
Same! I remember seeing footage of him still in high school on this show. I stared watching this show when I was an undergrad in college back in 2010! 💖 I will be walking this Saturday with my Masters in Public Administration (MPA) this Saturday. That's how much time has passed.
I wouldn’t buy something for that much that far out there. That’s a lot of money and a lot of equipment wear and tear youd have to mine out 5-6 million to break even
After seeing this, it looks like Andythraxx and I are sitting on pretty good ground! We are pretty close to 0.3G/ton at 4 feet! I don't think that drill would like our boulders though!
He's on the verge of a nervous breakdown. There's no gold and they lost 200k dollars. You'd be shaking too, probably crying like a baby mostly I would bet
Those lines are cross sections of the river, because that makes the most sense, considering the gold moves trough the river & gets deposited on the river banks & river floor.
I'm pretty sure it has to be landscaped after they finish with it. There is an inspection that takes place and it gets signed off. Something like that.
It's long be known gold is not magnetic but actually it is if you add heat so what if parker put heat tubes down those hot pockets and heated up the ground, place a huge mag above the ground and sucked out the gold. ?
Parker if you are paying 20K a day for that mini rig you are without doubt a fool who's money will soon depart. That rig and the drilling isn't worth more than 8K a day tops.
Ya I was thinking I'm in the wrong business. Even if that drill rig cost 3 million dollars making 200k of it in that short of a time would be great friggin business.
Take your complaints elsewhere, these people all have licenses and their local government is very strict about 'returning the area to nature' after completing a plot of land, go complain about nature being ruined anywhere else in the US and you'll have an actual point to make, but in this case you are just complaining about something you dont know about, for some weird sense of pride? Most people dont like a 'know-it-all', but even less people like a 'know-it-all' that actually knows very little.
You should have come to India, Rajasthan there are numerous ancient working are located around Bhukia, where more than 100 workings over a strike of atleast 3 Km, are Known. Other significant workings are known at Hinglaj Mata, Dagucha, Bharkundi, Tartai, and pathara area. The ancient working were explored for copper by the GST and DMG during the 1970's and 1980's without any significant success. Grover and verma noted visible gold in some of the gossans at Bhukia during field recconaissance for the Geological Survey of India in the carly 1990's. Subsequent sampling confirmed significant gold mineralisation in the gossans at Bhukia, Hinglaj Mata and Dungocha Work since then has been ongoing, with substantial drilling being completed by the GST at Bhukia, Hinglaz Mata and dagocha. This has resulted in the discovery of signigicant mineralistion at Bhukia including east block. East Central Block, Delwara and Timran Mata. The GSI has estimated that significant potential exists for mineralisation in these areas. GSI estimated Ippm to 3.04 ppm gold over 6m to 21m wide gold bearing zone in Delwara block, 0.53ppm to 5.19 in Bhukia central Block, 0.58ppm to 6.82ppm in Delwara Block and 2.96gm/ton in reserve of 0.70 mt in Bhukia-east block. If you come I will help you with Director of minning and Geology.
200k for 3m that seems too high. If it was a 1m claim I wouldn’t spend 66.6k maybe reasonable within 35-55 per million. Everyone gotta make their money somehow I guess.
Better to spend $ 200,000 on exploration than $ 3,000,000 on a mine without gold.
beets told todd first thing when coming to yukon. drill drill drill.....
there's a reason the big boys in the mining game all drill
It's called Due Diligence
3,000,000 just for the land. Would spend another million to set up and dig
the hoffmans would have bought it in a heart beat
LOL no kidding. Then Todd would set a season goal of 20,000 ounces.
Yup. Sucker born every minute
Man I’m telling you there’s gold there we pulled some out at 101.5 feet so just imagine what’in between boys lol 😂 s exactly what he would say..
@@Wickedreptiles "We're all millionaires. We just need to get it out of the ground." ~ Jack Hoffman
Thuh HOFF-man crew....
Tony taught this kid well! Without Tony’s early advice on drilling test holes this kid would’ve probably bought the land
its a basic concept. like hash tables. the gold is dispersed equally in the land so you do test holes and with calculation can have a good estimate for the gold. the more holes the better the estimate.
I like the behind the scenes stuff that shows what sort of research and exploration is required to mine gold. Also like the historical references to Alaska gold mining.
It's good to see Kylo branching out
🤣🤣🤣
Gotta fund the empire somehow
Bruh 🤣
XD
Lmao so I'm not only one who sees it
Adam Driver is doing great 👍
Hes like a perfect mix of kylo and the night stalker
all I see is Kylo back to being an undercover boss
Love these clips, thanks!
I love too
@@rothbodia6586 preciso de ouro
I live in Fairbanks. In the area, the bedrock depth varies widely. In Chatanika area, nearby, the area dredged out by the old timers, the bedrock was about 70 feet or so. But all the bedrock in the area is Schist that is folded/twisted up so it can vary widely. Geologicaly, the state is an assemblage of terranes.
Interesting. Thanks for your input.
Best informal episode.. Lots of great information on how to actually find a piece of land for prospecting..
Spending 200k to save maybe two million or bankruptcy is well worth the investment.
Is it just me or does it sound like the guy who runs the drill, has a vibrating to his voice when he speaks like you standing on a vibrator pad or something
Haha I said the same. He sounds like he is nervous on camera I'm guessing
@@romerooo3212 my guess would be that he's trying to lower the tone of his voice to the amount that it almost cracks, which causes the vibration like sound
@@robynb.802 I'm just now thinking about it I thought maybe they were standing on a platform that might be vibrating like Machinery running, but then again Parker and nobody else had that effect it must have been something natural on his voice for sure but definitely noticeable that's, funny though
It’s called voice fry
Hey Parker, I too am 25 years old so, watching you working hard, making money and taking risks inspires me in a whole different level. I am a fan. Keep going bro. 👍
Nobody's cares
@@frankinfinatewarfare8499 Oh atleast u sound like u do it's ok
nice bro
@@naulakzomi5968 bro learn to speak
@@frankinfinatewarfare8499 STFU
Todd Hoffman would have came in with everything and left with nothing and said damn I wish I would have drilled test holes
Parker appears to become a savvy businessman at a very young age. This coupled with his gold mining savvy, he should be near the top in the gold mining industry.
Huh near the top? You mean for independent miners?
25 years old, and spending $200,000 on test holes looking for gold.
Living the Dream!
If there was a decent amount of gold in there, a real gold mining company would have already mined the ground.
Not worth their time. One of their operations would barely take a month to strip and process this land. Not worth the expense of moving in the equipment. That's why there is a place for small scale operators like the ones on Gold Rush.
You see the same thing in Texas where you have small private oil wells that produce fifty or sixty barrels of oil a week. Not worth the time for a big oil company, but a nice chunk of change for a small landowner.
@@thtiger1
Exactly, a set back like the one Parker endured might have cost a bigger company in the millions. They're probably spending 200k on salaries for their workers, maybe even just the foreman and some of the specialists. I can't imagine how much for shipping the equipment and infrastructure.
So great, good work
Parker sure does resemble his grandpa (R.I.P)
Why you got to make me cry........
What dude, did you know his grandpa or something?
@@seansullivan7928 he was on the show...
@@seansullivan7928 he was not on the show.
@@seansullivan7928 bro parkers life from a teenager has been on this show. parker spent summers with his grandpa mining his property. and his grandpas property was not that great. but he showed parker how to do it. parker started the show as one of the least successful guys. and that makes what hes done as something really special. they were lucky if they got 10k back at his grandpas. but it was invaluable what he was taught
Looks like he is here in Karelia. So poor ground
This is the equivalent of inspecting a car or a house before buying it, well worth the investment in all branches.
Todd Hoffman would have sold his farm bought this land and mined it for 3 years and made $50,ooo🤣
it ain't much. But its honest work.
Dude shoulda stuck to singing, what a voice...
Love watching this because this is my job when I tell people I’m w driller haha. Great company! Worked beside them before.
It was so funny when he just stared at the 2 mg of gold that came out
Why am I watching this on RUclips when discovery plays it a 100 times a week
i cant watch it on tv it annoys the shit out of me how it will show you a 5 min clip and then an ad break comes on then shows you the exact same clip again as a recap like im a braindead fish with a 5 second memory
Jeeez what tough decisions young Parker has to make. Grandad is routing for you up there !!
Plot Twist: Plenty of Gold, the test-guy was holding back :D
I'm so immature.. "there's a lot of pressure riding on the back of this little hole" 🤣
What was wrong with Australia ? they had plenty of gold
Whats the name of that drilling rig and how much does it cost
The Gold Digger 9000
If you know anything about Parker Schnabel he looks at those drilling reports he doesn't guess. That is something that Tony beats taught him when he went up there and looked at the original claim with Tony beets Tony showed him all of the original drilling reports that the first pieces of land that he worked on the gold claim were not that good but Tony said you prove it to me that you can do this and I'll give you better ones and he gave them better ones and better ones and better ones. and if you're going to spend $3 million on a piece of land you want to know about how much gold is there and that's what he looked for. Because he's smart enough to know what's good land and what's Badland and what's been mined already for a kid who's just 20 something year old he's been doing this a long time now he's a pretty smart man
It doesn't take a whole lot of skill to do basic math from the numbers he's presented with. He knew the ground was previously worked, the price is high and after 5 deep lines nowhere near his target he did a few more lines. That seems like a discovery funded fool's errand for some dramatic footage.
@@uwillnevahno6837 it's not really a a matter of good footage or bad footage. Just like Tony going through tailings that have already been ran through one time by the old timers and he got over 600 Oz out of that stuff it's the same thing with that Parker's doing a lot of that land has been worked over up there and it's hard to find virgin property so what you have to do is you have to drill you have to test to see what's in the ground still to see what the old timers didn't get because they just got the stuff on the top they didn't get all the stuff there's a lot of gold up there still it just knowing where to dig and what the technology they have today compared to what they had back then if you're going to spend $3 million on a piece of land and with the hope of getting your money out of it and making a profit then you want to test it first before you ever go up there and start digging you want to test the ground to see what kind of percentage of gold is left over still. The land had gold on it but the problem was the gold was very deep and he was going to have to take off over 40 ft of overburden to get at it been between the cost of that you have to at least be able to recover what you spent and it was going to be more his recovery costs compared to what he was going to make just didn't make good sense but you're not going to know that until you test the land. Face some facts Tony Beets and Parker Schnabel they are definitely not Todd Hoffman who just goes out there with a pan and digs a little bit and says oh this is a good spot. There is a lot of science that's involved in this.
I greet you, Mr. Parker. I am constantly watching your very interesting videos. I want to get to know you better.
Bow chicka wow wow....
This is what the first show of Gold Rush should have been like ^^ This is how professional do it. And it shows that it is risky investments.
when they pass the collection plate around at church "Sluice Box"
Wow remember when he was just 16 lol 💞
Wait, this show Gold Rush has been following just a few people for years?
No!
Same! I remember seeing footage of him still in high school on this show. I stared watching this show when I was an undergrad in college back in 2010! 💖
I will be walking this Saturday with my Masters in Public Administration (MPA) this Saturday.
That's how much time has passed.
I wouldn’t buy something for that much that far out there. That’s a lot of money and a lot of equipment wear and tear youd have to mine out 5-6 million to break even
I wish you would CC [closed captioned ] the videos as i am deaf and would like to enoy hearing what is said.
Me gusta verlos pero tienen q ponerlo en castellano gracias
Nice seeing you here
You gotta spend money to make money
Gotta spend a penny 2 make a pound !! Good business sense !!
LOL with that mindset have fun making shitty investments, and blaming it on that saying 😂😂 Smart money makes the money.
How do you know if and stop your employees from stealing your gold is all I want to know.
Kylo really went from us marine to sith lord and became a gold miner
His granddad would be proud of his progress.
After seeing this, it looks like Andythraxx and I are sitting on pretty good ground! We are pretty close to 0.3G/ton at 4 feet! I don't think that drill would like our boulders though!
Why my voice are shaakkingg..i dont know wwhhyyyy..
He's on the verge of a nervous breakdown. There's no gold and they lost 200k dollars. You'd be shaking too, probably crying like a baby mostly I would bet
@@SPFLDAngler ughh 😞😅
Gold isn't native to earth. It actually comes from meteors.
Absolutly. there is also planet sized diamonds up there that even De Beers would struggle to control! lol
This version of Kylo seems so much less happy .... 😒
That's a great business .Drilling for them brings in some good chedder .💰⚒️⚔️💀
Try running different lines at different angles...?
Those lines are cross sections of the river, because that makes the most sense, considering the gold moves trough the river & gets deposited on the river banks & river floor.
If you're not finding anything in the spacing they're using, there's not enough there to dig 100 feet down to look for it.
Wow....I was shocked to see Parker in thumbnail. last I watched him in the show he was a kid who helped his grandpa
Saludos desde NyYORK soi operador ekipo pesado de Puerto Rico 🇺🇸🇵🇷 i USA 25 años de esperiensia escavadoras i bull doser CAT
Question?what will happen to the forest being mined?
I'm pretty sure it has to be landscaped after they finish with it. There is an inspection that takes place and it gets signed off. Something like that.
Go Parker Go... 😜
Now Parker is really impressing.
If the land has been mine before why the hell pay $3 million for it mean there’s probably not much left
He should have bought his own drilling rig.
Wish Parker’s grandpa was still around
At 104 he'd probably be pretty miserable...what a selfish wish, shame.
Their RUclips channel is super far back with the episodes
Wouldn't ya drill past the bedrock to get a tally for gold as it's usually in that layer no?
It's long be known gold is not magnetic but actually it is if you add heat so what if parker put heat tubes down those hot pockets and heated up the ground, place a huge mag above the ground and sucked out the gold. ?
"A lot of pressure riding on the back of this little hole".
[DRAMATIC MUSIC]
Parker if you are paying 20K a day for that mini rig you are without doubt a fool who's money will soon depart. That rig and the drilling isn't worth more than 8K a day tops.
If that land was gold rich; then you wouldn't call him a fool. Yet he pays the same no matter if the site was gold rich or poor.
Ya I was thinking I'm in the wrong business. Even if that drill rig cost 3 million dollars making 200k of it in that short of a time would be great friggin business.
If the land is producing so much gold how come they’re not producing it there anymore and they want to sell the area
Don't fall for the sunk cost fallacy, Parker.
This is some next level prospecting!
Dig down 100 feet Dam that’s a big hole
Messing up the place..these quarries and fracking sites ruining the green belts...
Take your complaints elsewhere, these people all have licenses and their local government is very strict about 'returning the area to nature' after completing a plot of land, go complain about nature being ruined anywhere else in the US and you'll have an actual point to make, but in this case you are just complaining about something you dont know about, for some weird sense of pride? Most people dont like a 'know-it-all', but even less people like a 'know-it-all' that actually knows very little.
Is this shawn pomrenke claim.?
I feel bad for Parker is middle name is Parker too.
Parker schnable is so cute
parkers a boss
People will be kicking themselves in few weeks if they miss the opportunity to buy and invest in bitcoin
I heard that he strategies are really good
@@blessing3251 Yeah
My first investment with Mr Williams Ava earned me profit of over $25,530 US dollars
ever since then he has been delivering
He,s stories are everywhere 😱
I tried trading on my own but it only left chasing shadows
I wish he would just address the Kylo Ren claim and just admit to leaving the franchise
How does kylo ren have time to make movies and mind gold? like wow I’m amazed
Is this the dude out of Star Wars?
VERY GOOD GOLD MEN
Mình rất thích kênh của con , chúc con nhiều sức khỏe , khai thác vàng trúng lớn
Twenty Grand a Day!!!
Sod mining, at those rates of pay I'd just buy a drilling rig.
😎
You should have come to India, Rajasthan there are numerous ancient working are located around Bhukia, where more than 100 workings over a strike of atleast 3 Km, are Known. Other significant workings are known at Hinglaj Mata, Dagucha, Bharkundi, Tartai, and pathara area. The ancient working were explored for copper by the GST and DMG during the 1970's and 1980's without any significant success.
Grover and verma noted visible gold in some of the gossans at Bhukia during field recconaissance for the Geological Survey of India in the carly 1990's. Subsequent sampling confirmed significant gold mineralisation in the gossans at Bhukia, Hinglaj Mata and Dungocha
Work since then has been ongoing, with substantial drilling being completed by the GST at Bhukia, Hinglaz Mata and dagocha. This has resulted in the discovery of signigicant mineralistion at Bhukia including east block. East Central Block, Delwara and Timran Mata. The GSI has estimated that significant potential exists for mineralisation in these areas.
GSI estimated Ippm to 3.04 ppm gold over 6m to 21m wide gold bearing zone in Delwara block, 0.53ppm to 5.19 in Bhukia central Block, 0.58ppm to 6.82ppm in Delwara Block and 2.96gm/ton in reserve of 0.70 mt in Bhukia-east block. If you come I will help you with Director of minning and Geology.
Why did it look like prker was investing in a bering sea gold dredge
Im your fan
Sounds like 1% royalty ground
Stop with the clickbait, you you really need that much money. Stop wasting our time.
What about this was clickbait? i suggest you look up the term before using it again in the future.
he could have drilled everywhere gold is not. and there could be insane amounts elsewhere
No way!! GET OUT!!
i need to get into drill a hole business
A claim that could make or break him ? Please, he's a millionaire many times over.
KYLO didn't strike gold here
NOT YET PARKER 😉©️
Liam laughing to the bank
I say no don't do it.
Did anybody pan the river
Parker for president........
I been watching goldrush since they had those fools that made no money
Imagine all the midwesterners that mortgaged their homes after this show started....
Shout out to y'all who don't wear your seatbelt. I don't get it 🤷🏽♂️
why is he driving in left lane on an empty road?? 😕🤔
200k for 3m that seems too high. If it was a 1m claim I wouldn’t spend 66.6k maybe reasonable within 35-55 per million. Everyone gotta make their money somehow I guess.
NUMBER OF THE BEAST
I thought he was in Australia