A common complaint we hear from our customers is the recent glut of worthless mining claims that are available. Why are people allowed to claim a large chunk of nothing, and how can they possibly sell that. You’ve probably scrolled through eBay and noticed a large amount of cheap mining claims being listed, and at least once, been tempted.
As you look through all those listings to notice that Gold Rush claims always start at a minimum of $1750 and we also charge documentation fees. So how can we justify those extra costs? Well let’s start at the top. Gold Rush Expeditions Mining Claims are solidly documented before we even step foot on the ground. We don’t just find any hole in the ground and call it a mining claim. We meticulously research the area. Define the claims with documented reserves or historical values, then we look at its location, its historical production. Finally we send out a team and survey it’s actual mineral content.
That’s right, GRE physically goes to each and every claim, and surveys them from top to bottom.
Mining Claim Valuation
We don’t just slap a price on it willy nilly, we look at a variety of factors. Mines are being destroyed by the BLM and Forest Service on a daily basis. 40 years ago, you could find a good producing mine in any variety of districts across the west. Not today, with reclamation becoming a business for the government, closures are more prevalent. Usable, casual mines are becoming scarcer. For instance, in a county or a district with high gold values but very few viable mines, those mines will have increased value. Our goal is to find a mine that is still intact, preferably not reclaimed, that can we worked profitably under casual use with no government interference. There are a lot of factors to take into consideration, we judge them all and pass the information to you.
A key element to any mine is the location. We often overlook mines that are right off the highway. No one wants to deal with lots of passerbys unless the mine is completely stunning and secure. Our ideal sites are remote and undisturbed locations, where there’s little to no chances of a passerby wandering in the claim. Even though a more remote mine will rank high, its not much good to you if you have to hike to it. Another element of the critique is if the claim is easily accessible by road or trail. A mine that is inaccessible, cannot ship out ores, and its thus going to rank low on our scale.
The next element that is addressed are factors in the climate and environment in general. We look at the available resources on the site, and make note if there’s any shelter, water, or timber. Having year round water is often pivotal, and shelter is more than necessary when the sun is beating down on you. Some older mines will have remnants of older structures, and that can prove useful as a miner. Whether it’s providing shelter in a cabin, or utilizing an old mill. It’s much easier and cheaper than building new structures to support your claim.
Also important, is its aesthetics. Is the mine itself awe inspiring? Does it have a special and unique look to that you can’t quite find anywhere else? Does it have character? Does it have an interesting story? Naturally, history can attest to how valuable a mine is, records of the mine producing gold and/or other precious metals.
Which leads us to the final and deciding factor, mineral content. The surveyors themselves look through any available tailings to find evidence of precious metals. They inspect the ores and veins personally, and report the visible presences of any valuable minerals. It doesn’t get any more direct than that! The surveyors are looking for minerals that can be taken by hand in many cases. They bypass many mines with “microscopic gold” or “sulphide minerals” because they are difficult to extract value from. That is the reason you see Gold Rush mines touting “free milling gold” or visible gems and deposits. While our historical research is extensive and painstaking, we don’t solely rely on that second hand information. We validate and verify, right on site.
The last step of the process is documentation. We have an entire department dedicated to validating land status, ownership, transfers and all the other elements that are vital to your mining claim being both valid and viable. When a transfer or other change is required, our staff are ready to execute the tasks and make sure they are done right. We actually guarantee this in writing. We feel there is a lot of value in having this staff of experts, but no one works for free. So our documentation has a cost attached to it. It seems like a logical decision. Consider it this way, if you purchased a house and they told you the documentation was free, you would probably be pretty skeptical of the validity of that documentation. Well, with mining claims, its the same. You get what you pay for.
Is it worth it?
Let’s put it in perspective how valuable these mines really are. In Nevada, The Cortez was an abandoned mine, until the United States Bureau of Mines along with a small miner, built a pilot plant on the site in 1969. In the 1980s there were further explorations lead by the mining company, Kennecott. After decades of development, Barrick Gold acquired 60% of the company in 2006. Today, Cortez is one of the most profitable mines in the United States. In 2015 it produced 999,000 ounces of gold, and it’s expected to produce about a million this year.
Obviously, we can’t guarantee you’ll produce that amount of gold, but the point is, Cortez was once an abandoned claim. So even a little bit of development can go a long way. We’ve meticulously combed through all the junk claims(Or the cheap stuff you might find from our competitors), and found the most viable mines that are actually worth working in.
See for yourself below! Our listings represent the detailed work and research put into finding these claims. This is represented in our motto and mission,
We find ’em! You mine ’em!
The deep timbered tunnel of the Buckeye Mine
Historical photos of the Larrigon Mine
The majestic vistas of the Liddia(Uintah) claim
The calm waters at the Frisbee Mine
Native gold found at the Bonanza Chief Mine
Old mill resting on the Mother Lode claim
Historic Arizona Rand Gold Mine – 20 acre Lode Mining Claim for Sale – Bullhead City, Arizona$225,000.00
Historic C.O.D. Gold Mine – 20 acre Lode Mining Claim for Sale – Kingman, Arizona$375,000.00
Historic CO-OP Gold Mine – 20 acre Lode Mining Claim for Sale – Lordsburg, New Mexico$14,000.00
Historic Elkhorn Gold Mine and Extension – 40 acre Lode Mining Claim for Sale – Dillon, Montana$600,000.00
Historic Lanky Gold Mine – 20 acre Placer Mining Claim for Sale – Sawyer’s Bar, California$10,000.00
Historic Lucky Boy Gold Mine – 20 acre Lode Mining Claim for Sale – Kingman, Arizona$9,900.00