How to Evaluate Mineral Claims—What to Know Before You Buy
April 2018 by Chris Ralph
Even though they have put down thousands of dollars, the buyers often stop paying on their claims part way through the process after they realize they’ve been duped, but the company just sells it again to another buyer.
Has anyone made it through childhood, or even adulthood, without at least one dream of finding gold or buried treasure? It is the stuff of daydreams—the kindling for the flame of hope. We so long for it that we eagerly accept stories and maps from friends and strangers alike that promise us fame and fortune.
I detect in a wide array of situations. I like to search for places that no one has been to. I really like to find areas that have never been worked at all.
I like to think in terms of “conductive mass” because it is a combination of both the conductivity of the metal and the size of the target that determine how a detector sees conductivity.
Last month, in “Following Clues to a Hidden Gold Deposit,” I ended the article with the direction that we were on the hunt! We were getting prepared and ready to roll with our detectors, then snow came, and lots of it. We had already found the seam diggings mine on the mountainside in wild, rough brush and trees. It had been well hidden.
If you do the math, it equates to about $1,500 of heavy metal value per three-hour dive. This is good wages, and you are doing a service to the environment by removing this toxic metal.
It is important to note that discrimination is a type of electronic filtering. The signal is analyzed, and depending on the discrimination setting, identified as either a target to be dug or a target to be ignored.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts - What Do I Look For and How Do I Sample? • Ask The Experts - Prospecting Around Graeagle • Hunting Down Paystreaks • Deep Nuggets From The Strange Little Patch • We’re Still Thinking About It • Springtime Sampling In The High Desert • Dredging Safety: Don't Ignore The Warning Signs • Russian Plane Spills 3 Tons of Gold on Runway • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices