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.
Winter is the time for research, and if you haven’t already done some research to find new places to prospect, now is the time to cram in some last minute research before the good weather arrives.
Please note that new mining claims filed on or after September 1, 2019, will be subject to the new fee schedule.
We all love to see that first glimmer of gold when it peeks out from under the black sand in our pan, or feel the weight of a nugget in our scoop when we dig a good target. But sometimes things don’t go quite so smoothly.
This is the story of a nugget patch I’ve been working on that is a bit unusual. I won’t be telling you where it is located, but I will tell you how I found it and how I’ve worked it.
This type of thinking will get you discouraged pretty fast, and soon all of your mining equipment will be found gathering dust in your garage.
When I was recently in West Africa, I got to see and play with my first, phony, Chinese knock-off metal detector.
Ray followed up by detecting the same area and I was happy to see that he did not find any good targets in the same line. So far so good.
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