Company Profile | October 23, 2000

Goldak Inc.

The Goldak Company was founded by Harry A. Fore on October 31, 1933 in Los Angeles, California. Prior to this date, Mr. Fore was an Electrical Engineer with the Philco Radio Corporation. At Philco he specialized in transmitter and receiver antenna design at radio frequencies. Initially, Goldak was a mail-order business which in its early stages brought together Mr. Fore's profession as a radio engineer and his weekend hobby, gold prospecting. With a need to determine in the field the presence of gold in rock samples, Mr. Fore developed a kit of chemicals and small tools with which a prospector could make a field assay. This led to his first mail order product which Mr. Fore named the Gold Assay Kit. A shortened version of this became the name of the company: GOLDAK.

As is typical of the mail order business a great number of letters were received with orders and questions about the product. The printed material sent out to answer the inquiries contained background information on the Goldak founder, Harry Fore, and it wasn't long before questions were being asked about an electrical system to detect and locate gold. Within a year Mr. Fore developed, built, tested, and patented the first transmitter/receiver electronic instrument to locate buried metals and minerals, including gold, silver, copper, and iron.