The term 'LOOK FOR GOLD' can be summarized by the three-letter word 'PAN'. Panning for gold is a method of searching for gold by sifting through sediment in a PAN. This technique has been used since ancient times and is still used today in some parts of the world. It involves swirling water and sediment in a PAN to separate out the heavier particles, such as gold, from the lighter particles. The gold is then collected from the bottom of the PAN.