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Magnetite (grayish black) ... It is a major constituent in a heavy mineral fraction of sand. Lots of black minerals on this gold pan are magnetite grains.

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Some beach and river sands contain high concentrations of magnetite. Magnetite-rich "black sands" are commonly encountered by people panning for gold.

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It appears none of the gold prospectors spend nor time or money on assaying their black sands for gold value determination. Instead, they use a rare earth magnet to tells them what is in there and see that most of the gold is magnetite with sometimes hematite.

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Magnetite sand: Some beach and river sands contain high concentrations of magnetite. Magnetite-rich "black sands" are commonly encountered by people panning for gold.

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Magnetite 20 lb – Prospectors Choice

Home / Magnetite Black Sand / Magnetite 20 lb. Magnetite 20 lb $ 55.00. We have this magnetic black sand, which is made up of magnetite and hematite.