The Business of Mining—The Benefits of an S Corporation
November 2007 by Mark E. BattersbyImagine the liability protection of a corporation and the pass-through tax benefits of a partnership in one entity for your mining or prospecting operation.
Mineral deposit models have been used in mineral exploration for thousands of years. They were obviously not called models as we use the term today, but the idea of accumulating data to predict mineral deposits is the same. Models can be valuable tools in mineral exploration and assessment and are routinely used by major mining companies in locating and evaluating mineral deposits.
Imagine the liability protection of a corporation and the pass-through tax benefits of a partnership in one entity for your mining or prospecting operation.
• More National Monument news
• Land-use advocates file another suit over National Monuments
• NWMA's Linda Skaer addresses EPA in northern Idaho
We have learned over the years, of course, that “previous development,” “roadless,” and “local support,” are in the mind of the beholder.
For those who have the courage and resources to challenge the environmental opposition, I’d like to bring to their attention a potential new mining district in Montana that was suggested by an exploration project of The Bunker Hill Company about 30 years ago. I have no financial interest in the property or its future but feel the story should be told so that future generations might benefit from the mineral potential.
The biggest obstacle is that like many streams on the Kenai Peninsula, high water during the summer months from snow melt and rain can make dredging nearly impossible. The best dredging is in the colder months of the year.
Robert Sanregret—Attorney at Law
Western Mining Council
National Association of Mining Districts
The Bawl Mill • Ask the Experts • Prairie Creek Project Approaches Final Hurdle • A Golden Dream Come True • Dawson City and the World Gold Panning Championships • Journeys in the Kingman Quadrangle—Part IV • Silver Bonanza in the Sierra Madre: The Glorious Past of Batopilas—Part II • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices • The Risks of Mining Overseas