BLM Warning About Purchase of Mining Claims on the Internet
November 2004 by Lawrence DeeIn a dramatic reversal of policy the Bureau of Land Management (BLM) has posted the following on the huge internet auction house, eBay. Mining claims are currently being offered on eBay with prices ranging into the millions of dollars and apparently the BLM is concerned that many of these claims may not have mineral values that reflect their huge asking prices, be improperly filed, or have one or more of the many other problems that can affect mining claims.
I set up my dry washer on the north side of the cut and sampled the bed rock and dumps around me. As I was only sampling, I ran for 20-30 minutes, shoveling from a variety of areas.
Most prospectors learn early that pyrite is fool's gold...but the truth is it can be an excellent indicator mineral for gold and in many cases does contain small amounts of gold.
This is the point where you might ask, “What do these types of contracts typically look like and how are they negotiated?” Well, that is the topic of this month’s article.
• What's that smell?
• Third time is not a charm...
• As old as the hills...really
• "Governor Sure"
• $500,000 + a trip to Greece + one renovation = how many teaching jobs?
Australia’s Perth Mint currently holds the record for the world’s largest gold coin.
• Feeding the addiction...
• Running on empty...
• Boxer may go down with the count
We have found strong support from legislators in both the House and Senate for several proposed bills that will provide Mining Districts with a greater role in the decisions that affect access to mining claims, oversight and regulations.
The Bawl Mill • Editorial: Montana's Controversial Rock Creek Mine • First Load of Concentrate Leaves Reopened Ruth Mine • Uranium Industry Enjoys Rebound as Prices Nearly Triple • Determining the Amount of Gold in a Quartz Specimen • Placer PGMs in Coon Creek, California • Getting Your Float Circuit Layout Right • Pick Up Austria's New Coin—If You Can Lift It • New Prospecting Guides Available Online • Police Extend Detention of Newmont Executives • Picks & Pans—Drywashing and Detecting in Southern California • Over The Divide—Merwin (Merv) H. Hemp • The Boludo Placers, Sonora • The Golden Highway—Placer County • Northwest Miners Rally a Success • Mine Threat Just a Stunt to Criticize Land Laws • MINExpo 2004 Convention Report • Looking Back • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices