If you follow precious metals like gold and silver then you are likely familiar with current mining supply shortages compared to global demand. Like oil companies, gold mining companies are quickly running out of easily accessible and identifiable gold. Before a gold company can begin mining operations they have to go through a costly exploration process. More often than not, they don’t find the concentrations of deposits they are looking for. In Nevada, for example, much of the state is covered in sand and gravel, so any gold deposits that exist likely sit well below ground, making it nearly impossible for companies to determine the viability of digging it up with current technologies. In many cases finding gold in these areas comes down to good old fashioned luck.
Hodges is one of the world’s premier geologists and was recently featured on the History Channel for his many discoveries. He is an innovator and for the last several years his team has been working on a new method for finding gold deposits in hard to reach places. The solution is groundbreaking, yet so simple to understand we’re amazed that no one thought of it sooner.
Hodges explains how it works in a recent interview with Future Money Trends:
There is no doubt there are more gold deposits to be discovered. The problem is they’re going to be located where you can’t see the rocks. So what you have to focus on – the root cause here – is to figure out a way to see beneath the ground cover.
The one medium here that everyone is aware of but nobody has paid attention to is ground water. It’s everywhere in the State of Nevada even though it’s a desert. There’s plenty of water in all the basins. It’s just underneath the gravels and it’s in contact with all the bedrock. So, chemically it’s a medium which can transmit a scent from the gold deposit that’s hidden by the sand and gravel, into the groundwater.
You can then potentially follow it back to its bedrock source.
According to recent tests on existing mines with gold deposits, the results showed a stunning accuracy rate in excess of 90%.