A self-tuning resonator for use in a transmitter apparatus for inducing alternating currents in a buried conductor. The resonator is dynamically tuned at frequencies below 500 kHz by exploiting the inherent voltage-variability of net capacitance in multilayer ceramic capacitors. The transmitter apparatus provides improved efficiency and induced output power suitable for use in a man-portable locator system, providing a very high magnetic field output from a physically small battery-powered resonator at frequencies under 500 kHz. The resonator exhibits a very low equivalent series resistance (ESR) and is adaptively returned to a predetermined resonant frequency responsive to any changes in resonance arising from phenomena such as component heating, thereby supporting very high tank circuit currents from battery-powered source to produce very high magnetic flux output.