“Where can I find Gold?” That age-old question is what we will answer in these articles, along with tips on how to find your ideal mining claim. The obvious answer to where to find gold is from the same places that people have found gold in the past. This includes old mines in historic mining districts that were known to have produced a lot of gold. Some mines will have been worked out, but there will be mines that have produced a lot and are still showing gold ore throughout the tunnels. You will want the mineral rights to the land and owning a mining claim or buying patented land can give you those rights. To that end we will cover the ins and outs of lode and placer mines and unpatented and patented land. You will also want to avoid scams, because let’s face it, anyone can stake a claim on a hole in the ground, tell you it’s a gold mine and try to sell it to you.
There is a lot of gold still out there, waiting to be found in stream beds and in mines all over in the Western U.S. Learn how gold deposits form and where your chances are highest for finding gold. Spend more time finding and less time looking.
Whether you are looking to mine a claim as a hobby or you really want to make some money, here are a few things to consider before you put ANY money down. As always we recommend you do your homework as you would with any major purchase.
Placer vs Lode claims – There are advantages and disadvantages to each. Which one is the best fit for you? Do you like to rope up and take the plunge, or do you prefer sitting riverside panning? We’ve put together the following guide to help you decide.
There are both advantages and disadvantages to patented land and unpatented claims. The Government has stopped issuing patented land, but existing patented land is still bought and sold on a regular basis. Learn the benefits and disadvantages of both.