![]() ![]() Home to record-sized nuggets and the largest untapped gold reserves in the world, the team will embark on an adventure that could forever change Parker as a miner. Following his gut and a few solid leads, Parker and his friends will make the 8000-mile journey to the vast terrains of Australia. Now the 28-year-old miner is determined to expand his operation and find new ground that extends his season year-round. Over the past three years Parker’s mining adventures have taken him all over the world - from the historic Chilkoot Pass of the Klondike Gold Rush to Guyana and Papua New Guinea. A prodigy in his own right, Parker has mined a total of over $13 million dollars worth of gold by the age of 24. Parker's gold mining career began at the age of 5 on his Grandpa John's Big Nugget Mine in Haines, Alaska.Īt 18, Parker left home and moved up to the Klondike and leased ground from the legendary Tony Beets. His paternal grandfather and fellow Gold Rush star, John Schnabel, founded the Big Nugget Mine. He and his brother, Payson Schnabel, grew up in Porcupine Creek, Alaska, as the children of Roger Schnabel and Nancy Schnabel. With the new claim, Parker is becoming the preeminent gold miner in Canada right now, and his success does not make for compelling reality television.Īre you surprised that Parker Schnabel has been so successful since he got his start on Gold Rush? Let us know your thoughts in the comments below.Famous for featuring on the Discovery Channel's Gold Rush reality series, this Alaskan gold miner took the reins of the family mine, and showed he had the mettle to lead a team of grizzled miners twice his age when he was just 16 years old. When something goes wrong, he is often there with the answer without having to figure things out. He is no longer playing it by the hips and he knows what works and what doesn’t. It is often boring to watch Parker’s claims since he has everything down to a science. When it comes to Parker Schnabel and Tony Beets, the two are both extremely successful. The best episodes of the show are when the miners struggle and have to find a way to make something work when everything is going wrong. However, there is also the thought that Parker Schnabel could be working his way out of Gold Rush for one ironic reason. Fans worry Parker Schnabel is working his way out of Gold Rush There have been rumors that his most recent new claim would get its own spin-off series, but with a new one, there could be enough for Parker to get more on his own spin-off series on Discovery. There is no word on whether this new land will play into Gold Rush. ![]() While this is something Parker never liked before, since this is virgin ground, he likely made the exception. They also have to pay Metallic Minerals an annual advance royalty plus a variable royalty on all gold production. Under the terms of the Australia Creek property agreement, Little Flake and Parker have to complete a $1 million minimum annual work commitment. Leckie Award for Excellence in Environmental Stewardship by the Yukon Government for his reclamation work in the Klondike. This also is a good deal for Metallic Minerals, as Parker Schnabel recently won the Robert E. This should help both companies maximize profitability. Metallic Minerals is a company that has expertise in mineral exploration while Parker has expertise in gold mining. In exchange, Metallic Minerals receive a percentage of the production as a royalty. This agreement means that Parker will have exclusive rights to extract gold from the Australia Creek property. ![]() Metallic Minerals has signed a new production royalty agreement on 5 ½ miles of alluvial gold claims at its Australia Creek property in the Klondike Gold District of Canada’s Yukon Territory with Parker Schnabel’s Little Flake mining. Gold Rush Parker Schnabel gets a new claim Here is a look at what Parker has closed on and what this means for his future. This is a new deal that allows Parker to build his gold mining business up even more, proving to be one of the most successful miners from the Discovery reality series. Gold Rush star Parker Schnabel has struck a new claim for another piece of land in Alaska. ![]()
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