Prospecting

Prospector and burro, western Colorado, USA, circa 1900

Schoolchildren learn to pan for gold, Denver, 1972

Rich specimen from a 2009 gold discovery by a prospector in southeastern Yukon Territory. The gold, deposited along a fracture, appears rusty-orange in this photo.

Sales Prospecting

The word "Prospecting" is very much used in the field of Sales. Sales prospecting is the process of reaching out to the potential customers before follow-up communication, lead qualification and sales activity. In today's world, sales organisations prospect from social networking sites. It is also becoming more common for businesses to have a team of specialised prospectors often known as sales development representatives or SDRs. These representatives only handle prospecting for new business while actual sales activity is handled by account executives.

Prospecting Tactics

While sales prospecting is routinely associated with cold calling, in actuality there’s a diverse range of prospecting tactics that inside sales reps use in order to grow pipeline. Then representatives (reps) often reach out to prospects. Cold calling is still widely practiced. However, sales development reps frequently use emails to initiate contact with new leads. Reps also frequently reach out to leads multiple times in order to initiate contact. The best sales development reps are following up with leads multiple times as it often takes more than 4 contact attempts to initiate a conversation with a prospect.

Prospecting Tools

Increasingly, some of the most successful sales organisations are investing in tools that can not only improve prospectors’ productivity and performance, but also give managers superior insight into the outcomes of prospecting activities. When list building, reps sometimes use tools that can help them collect actionable data about prospective accounts. Then, reps can utilise a series of tools to boost productivity and help them connect with more prospects. Some of these tools may include Local Presence dialers, voicemail automation tools, email templates, click-to-call and prospecting metrics dashboards.

Geological Prospecting

The first stage of the geological analysis (second - exploration) of a territory; physical search for minerals, fossils, precious metals or mineral specimens, and is also known as fossicking.

Prospecting is a small-scale form of mineral exploration which is an organised, large scale effort undertaken by commercial mineral companies to find commercially viable ore deposits.

Prospecting is physical labour, involving traversing (traditionally on foot or on horseback), panning, sifting and outcrop investigation, looking for signs of mineralisation. In some areas a prospector must also make claims, meaning they must erect posts with the appropriate placards on all four corners of a desired land they wish to prospect and register this claim before they may take samples. In other areas publicly held lands are open to prospecting without staking a mining claim.

Historical methods

Example of a prospecting pickaxe.

The traditional methods of prospecting involved combing through the countryside, often through creek beds and along ridgelines and hilltops, often on hands and knees looking for signs of mineralisation in the outcrop. In the case of gold, all streams in an area would be panned at the appropriate trap sites looking for a show of 'colour' or gold in the river trail.

Once a small occurrence or show was found, it was then necessary to intensively work the area with pick and shovel, and often via the addition of some simple machinery such as a sluice box, races and winnows, to work the loose soil and rock looking for the appropriate materials (in this case, gold). For most base metal shows, the rock would have been mined by hand and crushed on site, the ore separated from the gangue by hand.

Often, these shows were short-lived, exhausted and abandoned quite soon, requiring the prospector to move onwards to the next and hopefully bigger and better show. Occasionally, though, the prospector would strike it rich and be joined by other prospectors and larger-scale mining would take place. Although these are thought of as "old" prospecting methods, these techniques are still used today but usually coupled with more advanced techniques such as geophysical magnetic or gravity surveys.

In most countries in the 19th and early 20th century, it was very unlikely that a prospector would retire rich even if he was the one who found the greatest of lodes. For instance Patrick (Paddy) Hannan, who discovered the Golden Mile, Kalgoorlie, died without receiving anywhere near a fraction of the value of the gold contained in the lodes. The same story repeated at Bendigo, Ballarat, Klondike and California.

The gold rushes

Main article: Gold rush

In the United States and Canada prospectors were lured by the promise of gold, silver, and other precious metals. They traveled across the mountains of the American West, carrying picks, shovels and gold pans. The majority of early prospectors had no training and relied mainly on luck to discover deposits.

Other gold rushes occurred in Papua New Guinea, Australia at least four times, and in South Africa and South America. In all cases, the gold rush was sparked by idle prospecting for gold and minerals which, when the prospector was successful, generated 'gold fever' and saw a wave of prospectors comb the countryside.

Modern prospecting

Modern prospectors today rely on training, the study of geology, and prospecting technology.

Knowledge of previous prospecting in an area helps in determining location of new prospective areas. Prospecting includes geological mapping, rock assay analysis, and sometimes the intuition of the prospector.

Metal detecting

Metal detectors are invaluable for gold prospectors, as they are quite effective at detecting gold nuggets within the soil down to around 1 metre (3 feet), depending on the acuity of the operator's hearing and skill.

Magnetic separators may be useful in separating the magnetic fraction of a heavy mineral sand from the nonmagnetic fraction, which may assist in the panning or sieving of gold from the soil or stream.

Prospecting pickaxe

Prospecting pickaxes are used to scrape at rocks and minerals, obtaining small samples that can be tested for trace amounts of ore. Modern prospecting pickaxes are also sometimes equipped with magnets, to aid in the gathering of ferromagnetic ores. Prospecting pickaxes are usually equipped with a triangular head, with a very sharp point.

References

External links

This article is issued from Wikipedia - version of the Saturday, April 16, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.