Gold Mining Claims for Sale
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Before anyone can start mining for gold and to avoid conflicts on having ownership of the land, it is important to claim the land through a procedure called claiming.
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Information on Gold Mining Claims
The interesting fact is that you can not only find your own gold mine but you can also purchase a mine land from others and the ownership of the land will be transferred to you. The government has a complete law for placer and lode claims, and it varies with states; usually authorized by US Bureau of Land Management (LBM). The law applied on claiming the land for mining is derived from the General Mining Act of 1872
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IS THE LAND MINE? No, the land is not yours but it you are allowed sole right to mine for the minerals on that parcel of land.
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General Mining Act
The general mining act has been the same since 1872
The claims by individuals and companies are governed by the General Act of 1872. Its purpose is to authorized individuals and companies to extract minerals from the land. They monitor all the activities of the process of mining and they may also impose taxes as per cost of the minerals extracted. The act was approved during the excavation of gold from a very popular mine Gold Rush in California.
All the citizens of United States aged 18 or above have the right to claim lode or placer mine as per law of the act. Although any land can be purchased for a purpose such as building a resort or your house, but this law is applicable on the discovery of minerals. The minerals can range from gold to silver, aluminum, platinum, zinc, lead, copper and others having good value in the market.
Although it is not necessary to put boundaries at the borders of land claimed but it is always advised to put fences of wood or rock stones around the area with a post signifying the ownership of the land; this process is termed as claim staking. Claim staking is not just about putting fences but it requires a legal procedure and documentation at the Clerk of the County and US Bureau of Land Management; they authorizes you to set boundaries of your claimed land.
The General Mining Act of 1872 cover two kinds of land claims, which are lode and placer claims. The lode claim is defined as claim of land on ruble or usually termed as hard-rock claim, which may have deposit of minerals. On the other hand placer is the claim of land near the river or water stream, which may have small particles of gold that are extracted through gold panning.
When planning to claim a land for extraction of the land it is important to know here that when a land is claimed, it is termed as unpatented claim because the process of extraction has not yet started. If the process of extraction of the minerals do not start within six months of the claim than the authorities will abandon the rights to excavate minerals and all undiscovered minerals will not be allowed to be explored. The authorities may also issue a fine in addition to abandoning the claim.
But if sufficient work of excavation starts on time the land will be termed as patented land and the owner of the land will have full rights to extract and mine, and can put land to any legal use.
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A placer deposit is a concentration of a natural material that has accumulated in unconsolidated sediments of a stream bed, beach, or residual deposit. Gold derived by weathering or other process from lode deposits is likely to accumulate in placer deposits because of its weight and resistance to corrosion.
In addition, its characteristically sun-yellow color makes it easily and quickly recognizable even in very small quantities. The gold pan or miner's pan is a shallow sheet-iron vessel with sloping sides and flat bottom used to wash gold-bearing gravel or other material containing heavy minerals.
Read More Here Placer Gold Information by USGS
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- Panners wreak havoc in Shurugwi
- The Environmental Management Agency (EMA) has expressed grave concern over land degradation caused by gold panning in the gold-rich area of Boterekwa in Shurugwi. Gold panners have for years dug up gullies causing environmental damage in the area, ...
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Feedback on Gold Mining Claims
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LeCordonDude
Dec 31, 2011 @ 2:34 am | delete
- Gold Mining Claims For Sale Lens is really cool and interesting, I'm going to have to come back at a decent hour and look it over again!
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DanCooper
Nov 29, 2011 @ 4:20 am | delete
- This sounds like so much fun. just might have to bid on that Oregon claim.
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tvyps
Nov 14, 2011 @ 12:59 am | delete
- The "Gold Rush" shows have me hooked...fun stuff!
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MamaBelle
Oct 13, 2011 @ 8:50 am | delete
- Very interesting. Thanks for sharing!
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Tipi
Sep 25, 2011 @ 10:31 pm | delete
- This would be a fun excursion for the whole family to participate in!
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