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Goldpanning on the Kenai Peninsula
- Page 16 -

AOJ Outdoor Activities

How much gold have you found?

Just how much gold have you found and what is it worth? The following table is an approximate measure (assuming the gold is 100% pure). Placer gold commonly contains small amounts of silver and other metals. It takes a lot of work to accumulate a small amount of gold. Hours of panning may be worth only a few cents. Historically, nuggets weighing up to 12 oz. have been recovered from the Kenai Peninsula but these are very rare.

*This value is based on the average price of gold in 1998.


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