We've not done as well as Lookin but when a lot of gold was found in the area we went to, too many people turned up so we moved on. We prospect when we're on holidays and didn't want to compete with a lot of hungry gold seekers. Some were a little less than friendly and it created an atmosphere that didn't fit with our holiday plans.
This is our second year. The first year we got about 100g and I think we did better than the average. This time we had more experience and did better research and found a little over 1/2 a kilogram between my wife and I.
On the days that we go out I usually get up and about by 7:00 and try to find a nugget before returning to make Mrs M a cupper so she can get out of bed.
Then we're usually out there in two hour blocks, give or take an hour, it depends on the weather and if we're finding something. We've spent six months on the road and about half of that prospecting.
How do you consider breaking even? If you have a good job that you leave to find gold then you'd almost certainly do a lot better hourly rate at your job. If you don't work and just have to cover expenses than yes we've done well but we almost never pay for accommodation wherever we are. We've always bought good equipment but we're not extravagant.
We have a gold merchant lined up to buy our gold.
We almost always travel and prospect as a couple, alone in remote areas.
We only share locations with those willing to do the same.
The government Mines Dept is our most commonly used resource but we also use historical books and maps.
As Davent says, buy good gear. Good metal detectors hold their value so you're unlikely to lose much if you change your mind. Don't give up your day job....
It's not easy to find gold when you just pop out on weekends. It takes a lot of time and energy to find gold and then if you don't have the time to stick to your little patch when you find it somebody else will surely clean it out while you're back at work during the week :|