Finding gold may seem like a fun adventure worthy of a Hollywood blockbuster, but for the participants of a gold panning tournament in Magadan in Russia’s Far East, it’s also a good way to get rich.
Nothing beats the feeling of finding gold, professionals say. Only eighty people were lucky enough to take part in the “Prospector’s Luck” championship in the gold-rich Magadan region, with the winner taking home the top award of over $15,000.
A second Gold Panning Competition took place at Gertner Bay on the Sea of Okhotsk on Sunday, with enthusiasts coming from across Russia to compete.
Due to the high number of participants this time around, the organizers of the tournament limited the time given to competitors to pan for gold in a placer deposit from 20 to only 15 minutes. Twenty participants were given an opportunity to look for the sought-after metal in one go.