Hi Jason,
Glad to see you are out using that MXT.
I've hunted ground far hotter than you've described, and with worse hot rocks. Hot rocks by and large are not something you discriminate out, they are something you learn to identify. The only units that by and large ignore hotrocks are the are pulse induction (PI) detectors, and they are of limited use for coin detecting.
First step is to back off on your Gain. The hot rocks you are describing are the granite/diorite rocks from the Talkeetna Mountains that the glaciers carried down to your area. Bury one of these rocks and a dime and set the Gain to where the dime hits best and the rock is weakest. You will lose some max depth this way, but it is how you deal with bad ground/hot rocks.
If you go to the prospect mode the disc control becomes a VSAT control, and the proper adjustment of this control will also help smooth hot rocks. You still get VDI number for target id. Most people find this mode too noisy, however, for coin detecting.
I would not recommend locking the ground balance but using it in auto. Both the dime and a hot rock will signal on an initial sweep. But with auto ground balance on the rock will fade as you zero in on it, while the dime will still sound strong. Balancing to the hot rock and locking simply puts you way out of tune for the normal ground, not a good thing. it is sometimes possible to find in-between balance settings that work, but this is very hard to do on a machine without manual ground balance.
It really all boils down to time and listening. Most hot rocks do not "sound right". I really like my MXT but I have little use for VDI meters. I set my unit for minimal discrimination and dig things that "sound good". If I watch the meter it just messes with my head.
Any normal lower frequency coin detector will ignore the rocks you are dealing with. Since chasing nuggets was one of your prime desires, you got a good machine in the MXT. But its higher frequency and extra sensitivity translate into more noise. When starting out, my best and simplest advise is to just turn down that Gain control until the machine gets quiet enough to not wrack your nerves.
I had good luck with the MXT and 10"x5" DD coil in the Fortymile area, where the ground is hot and the hot rocks worse. I'm not saying the machine was quiet... not at all. But it helped alleviate the issues and found me nuggets. But overall my favorite coil is the little 6" DD Shooter coil. Good for small gold nuggets and real fun for coin detecting trashy areas. It spends more time on my MXT than the stock coil.
Give me a call sometime. maybe we can hook up this spring with a few other MXT owners for a day at Crow Creek.
Happy Hunting!
Steve Herschbach