Here's one of the best ways I know to keep from losing any gold due to it getting sucked up to the magnet by getting stuck between magnetic particles.
After that you may want to "crack" the non magnetic black sand to release any gold that is in it.
First Heat the dry non-magnetic sand in the oven at 350 degrees for 5 min. then pour the hot sand into a pan of cool white vinegar with table salt added. That will crack the sand and the vinegar salt solution will remove the oxide films from any gold that was in the black sand.
Note* Acetic acid (white Vinegar) +sodium chloride (table salt)=sodium acetate (liquid) and chlorine (gas). The chlorine gas that is released is minute and should not be harmful but use caution anyway.
GG~
Goodguy, usually I just read, but I had to post on this one.
>>>Pure chlorine gas is lethal, highly reactive with other elements, and is harmful in any dosage<<<
Use that technique only in a well ventilated area. That needed to be pointed out.
This whole discussion makes me wonder whether black sand forms around gold particles in its formation like snow around dust. Gold has a melting point of 1,948 degrees Fahrenheit, while iron has a melting point of 2851F, so the first to solidify would be the iron, with the liquid gold still inside. The tiny, hot iron particles would rapidly oxidize in the presence of water, forming the Fe2O4 (black rust, or magnatite, verses the red or black Fe2O3 hematite).
A question that the answer could cause room for thought. A simple test would be to buy some coarse black iron oxide, run it through some super fine screen, do the same with some black sand, and compare the weights of two equal volumes of material. If the black sand is heavier by volume with similar particle size, then chemically speaking "something is wrong with the equation".
Anyway, a strong acid should dissolve the magnetite (or hematite for that matter) if I remember my chemistry correctly. After it is dissolved, the whole mixture can then be poured through filter paper to remove all of the gold a person can reasonably expect to recover, including locked up fines. Dry the gold and wash it afterwards to remove any trace acid, and use appropriate safety precautions. Muriatic (HCL) acid that is readily available at a local lumber yard in the plumbing section should work. This will NOT work with iron pyrite, again if my memory serves correctly. I seem to remember a reaction of pyrite to H2O2 (hydrogen peroxide), but don't exactly remember the particulars. Something else to look up.
Hematite and magnetite are both attracted to a magnet, and so is pyrrhotite. Iron pyrite (fool's gold) is not ferromagnetic (attracted to a magnet). What the non-magnetic "black sand" compound that has been described here is exactly, I do not know. I am no Chemist, but pyrite is the only iron compound I know of that is not attracted to a magnet. If there is, someone please let me know.
Something to discuss, at any rate.