Golden Legends Tales of Buried Treasure

* Global gold exploration has entered a period of pronounced scarcity, with new discoveries becoming both rarer and significantly smaller, a trend that is increasingly shaping the long‑term outlook for global gold supply. According to the latest analysis by S&P Global, the industry has identified only five major gold discoveries since 2020, collectively adding about 17 million ounces to its database. A “major” discovery is defined as containing at least 2 million ounces in reserves, resources, and past production. These additions bring the total number of catalogued discoveries between 1990 and 2023 to 350 deposits, containing nearly 2.9 billion ounces of gold, representing a modest 3% increase from the previous year’s analysis, which listed 345 discoveries totaling 2.81 billion ounces.  This growth is misleading: most of the deposits counted as “new” were actually discovered decades ago and only recently met the threshold to qualify as major discoveries. In other words, the in...

                                                                                    * Artificial intelligence is beginning to reshape the way prospectors and mining companies search for gold. Instead of relying solely on traditional geological surveys and the painstaking process of manually analyzing maps and records, AI systems can now sift through enormous amounts of data—satellite imagery, historical mining reports, and modern geological measurements—in a fraction of the time. What once took months of careful study can now be accomplished in minutes, with algorithms highlighting the areas most likely to contain valuable deposits. One striking example comes from New Zealand, where RUA GOLD employed an AI platform called DORA to process more than eighty gigabytes of exploration ...

  Australian Silver                                                    * Date of report,  Jul 30, 2025 : Angus James’s discovery reads almost like a scene from a treasure-hunting tale. While prospecting near the old gold rush town of Stawell, he unearthed a curious fragment of silver—a half of a Mexican 8 reales coin. At first glance he thought it might be a half crown, but the odd cut suggested something more intriguing. Once cleaned, the piece revealed its identity as part of the legendary “pieces of eight,” coins that once fueled global trade and inspired pirate folklore. The reales had a long journey before ending up in the soil of inland Victoria. First struck in Spain in the late 15th century, they became the world’s preferred currency, circulating across continents and even being refashioned for use in colonial New South Wales. Mexico minted...

 Heads up. It was recently found. Jack Stuef, an amateur sleuth- See  https://allthatsinteresting.com/jack-stuef Northern Miner claims to have buried 1.3 million dollars in gold. More hunts over the next 12 months claim to have $25000 worth of prizes. A poem entitled, "The Great Canadian Treasure Hunt" provides clues to the treasure's location. Monthly clues are floated on Northern Miner, Mining.com, and CEO.ca. The hunt is free to enter, but subscribers of Northern Miner will get clues early.   https://treasure.northernminer.com/ Forest Fenn - treasure https://www.youtube.com/watch?v=bsRM6Dh8PbU

                                                                                   * 🪙 The Traveler Collection: A Hidden Treasure Unearthed Discovery : 15,000 rare coins from over 100 regions were unearthed after being hidden for over 50 years to protect them from Nazi confiscation. Value : The collection is estimated to be worth over $100 million USD , making it the most valuable numismatic collection ever auctioned. Auction Details : The first auction is scheduled for May 20, 2025 , conducted by Numismatica Ars Classica (NAC) . It will kick off a three-year auction series. 📜 Origins and Historical Significance Collector’s Journey : A European collector and his wife began acquiring rare coins after the 1929 Wall Street Crash, traveling across the Americas and Europe. WWI...

                                                                                     * FYI: I have a new blog dealing with health, precious metals, gold prospecting, crafts, and do it yourself. If you are into any of these subjects, please check it out. https://diywealthhealth.blogspot.com/

Discovery: Divers from the salvage company 1715 Fleet – Queens Jewels LLC uncovered more than 1,000 silver and gold coins this summer off Florida’s Atlantic coast, valued at about $1 million . Historical Context: The coins trace back to the 1715 Spanish Fleet , a convoy of ships carrying treasure from the Americas to Spain that sank in a hurricane on July 31, 1715. Provenance: Coins were minted in Spanish colonies such as Bolivia, Mexico, and Peru . Some still bear visible dates and mint marks, offering valuable historical insights. Significance: Sal Guttuso, the company’s operations director, emphasized that each coin is a “piece of history” linking back to the Golden Age of the Spanish Empire. Methods: The team used boats, dive crews, underwater metal detectors, and sand suction techniques to recover the coins. Legal Framework: Florida law requires that about 20% of recovered artifacts be kept by the state for research or museum display. The rest is divided between the ...