SIC Code 1041-01 - Gold Panning

Marketing Level - SIC 6-Digit

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SIC Code 1041-01 Description (6-Digit)

Gold panning is a method of extracting gold from riverbeds and streams by using a pan to separate the heavy metal from the sediment. This process is often used by small-scale miners and hobbyists as a way to find gold deposits. Gold panning involves a combination of skill, patience, and luck, as the gold is often found in small quantities and can be difficult to spot.

Hierarchy Navigation for SIC 6-Digit Code 1041-01

Parent Code (less specific)

Tools

  • Gold pan: a shallow, circular dish made of metal or plastic used to separate gold from sediment
  • Classifier: a sieve used to remove larger rocks and debris from the sediment before panning
  • Snuffer bottle: a small plastic bottle with a thin tube used to suck up small flakes of gold
  • Tweezers: used to pick up and remove small pieces of gold from the pan
  • Magnifying glass: used to closely examine the sediment for small specks of gold
  • Shovel: used to dig up sediment from the riverbed or stream
  • Bucket: used to carry sediment and water to the panning site
  • Sluice box: a long, narrow box with riffles used to trap gold as sediment is washed through
  • Gold dredge: a machine used to extract gold from riverbeds and streams by suctioning up sediment and separating the gold
  • Metal detector: used to locate gold nuggets and flakes in the soil or sediment

Industry Examples of Gold Panning

  • Recreational gold panning
  • Smallscale mining
  • Prospecting
  • Gold mining tours
  • Gold panning competitions

SIC Code 1041-01 - Gold Panning

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