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California drought sends gold miners to the hills

Rising Price of Gold Spurs Increases In Prospecting In California

David Paul Morris/Getty Images

Scott Sprague of Manassas, Virginia looks for gold in Woods Creek on April 29, 2011 in Jamestown, California.

The California drought may have a silver, or rather gold, lining of sorts. The dry conditions have lowered river beds and uncovered possible new gold deposits. That's why modern-day prospectors are heading to the hills.

For more on this, we're joined now by Kevin Hoagland, executive director of development for the Gold Prospectors Association of America.

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