Meaning of the word prospecting in English

What does prospecting mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

prospecting

UK /ˈprɒspektɪŋ/

Noun

the activity of searching for gold, oil, or other valuable substances on or under the surface of the Earth:

Example:
Most of the prospecting so far has been conducted by an Australian mining engineer.