What are the Chances of Finding Gold in Michigan? The Easiest States to Find Gold Revealed in New Study

Article courtesy of Coinfully

Michigan has 1.17 gold locations per 1,000 square miles, ranking 22nd among the easiest states to find gold.
California is number one, with a huge 66.59 gold locations per 1,000 square miles.
The analysis by Coinfully used US Geological Survey data to reveal the gold hotspots throughout the country.

A new study has revealed the states where you are most likely to find gold, so how likely are you to find it in Michigan?

Experts at Coinfully, a rare coin buying company, analyzed data from the United States Geological Survey on all of the locations in the United States where gold ore has been found or produced as a commodity. They compared the land area of each state to the number of locations where gold has been found, revealing the states where you are most likely to find gold.

Michigan findings

Michigan ranks 22nd nationally for gold density. There are 56,539 square miles of land area in the state, as well as 66 locations where gold has been found or is currently being produced. This means there are 1.17 gold locations per 1,000 square miles in Michigan.

So how do other states compare?

The top 30 states where you are most likely to find gold

Rank	State	Number of locations with gold	Land Area (square miles)	Number of gold locations per 1000 square miles
1	California	10,373	155,779	66.59
2	Washington	2,271	66,455	34.17
3	Oregon	3,015	95,988	31.41
4	Nevada	3,393	109,781	30.91
5	Idaho	2,350	82,643	28.44
6	Arizona	1,977	113,594	17.4
7	Colorado	1,543	103,642	14.89
8	Montana	1,923	145,546	13.21
9	Alaska	5,264	570,641	9.22
10	Utah	613	82,169	7.46
11	Tennessee	181	41,235	4.39
12	New Mexico	520	121,298	4.29
13	North Carolina	194	48,618	3.99
14	Georgia	206	57,513	3.58
15	Virginia	141	39,490	3.57
16	Alabama	103	50,645	2.03
17	Vermont	18	9,217	1.95
18	Maine	60	30,843	1.95
19	Wyoming	167	97,093	1.72
20	South Dakota	126	75,811	1.66
21	South Carolina	38	30,061	1.26
22	Michigan	66	56,539	1.17
23	New Hampshire	5	8,953	0.56
24	Connecticut	2	4,842	0.41
25	Maryland	3	9,707	0.31
26	Wisconsin	9	54,158	0.17
27	Pennsylvania	5	44,743	0.11
28	Minnesota	8	79,627	0.1
29	Texas	23	261,232	0.09
30	Missouri	5	68,742	0.07

Wyatt McDonald, president of Coinfully, has commented:

“At the end of the day, everyone dreams of being able to find gold one way or another, or at least coming across something of value, even if it’s another precious metal. Both for businesses and for individuals, if you’re looking to ‘strike lucky’, then it really is worth investing more time in the top ten states.

“All of them share similar geological landscapes and environments, ideal for these metals, and if you’re in a state that isn’t in the top ten, it’s still worth looking for environments within your state that are similar to those in the top ten.”

Sources:

United States Geological Survey

Methodology:

Data was first collected from the US Geological Survey’s Mineral Resources Data System. The data was then filtered to exclude non-US locations and US territories such as the US Virgin Islands and Puerto Rico. The data was further filtered only to include locations where gold ore was reported or where gold is produced as a commodity. Then, the number of gold occurrences, prospect, and producer locations was totaled for each state, giving the total number of gold-containing locations. Finally, this number of locations was compared to the state’s land area to get the total number of gold locations per 1,000 square miles, upon which the final ranking is based.