Ponce de leon was the governer of an island where he heard about a fountain of youth and a lot of gold located in the "New World" and several northern islands.The Spanish government heard about these rumours and sent him to explore. He went i<span>n pursuit of a lots of gold (which was located on an island known as Bimini which was the </span><span>coast of modern day </span>Florida)<span> in 1513. </span>