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.
My first clean-up showed that my efforts were not in vain. There was considerable color with some good-sized nuggets in the riffle trap.
…early last fall, I found my first gold-rich patch along a few crevices in the same river and found five grams of gold nuggets in one outing.
Fran, and I had made a practice of turning big boulders in gold producing areas to find some great rewards. Sometimes it was slow and frustrating, but in the end “We got the gold!”
That prospecting effort you are about to spend your time on...is it worth your effort? If you are going to devote your time to it, you will need all the facts you can get.
Even if you are not ready to cash in right now, it might be good to evaluate your options and make a plan of action so when that day comes you know exactly what to do.
I have always enjoyed finding things. As a kid and up through college I searched for arrowheads, rocks and fossils. One day I saw an ad for a metal detector in a magazine, and a week later I was digging up everyone’s yard...
I have figured out over the years that the winning combination is hard work, persistence, knowledge, and a little luck. This leads me to describe one of my best finds ever, a “honey hole” of placer gold, if you will.
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