Riverbeds in Nikolsky and Kichm-Gorodetsky districts of Vologodskaya Oblast are promising for gold seeking, Head of Geological Department of Natural Resourses of Vologodskaya Oblast Valery Chernyshov. First samples were tested in Central Moscow Research Geological Institute of Precious and Noble Metals.

Work was financed by Fund of Reproduction of Resourse Base of Vologodskaya Oblast. According to Valery Chernyshov the production is profitable only if 500,000 -600,000 cubic meters of water are washed. Investment is required to start the project.