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Historic Blue Nugget #3 Gold/Sapphire Mine MMC232715 – 20 acre Placer Mining Claim for Sale – Yogotown, Montana

$10,000.00

The Yogo district is located in a relatively remote area east of Neihart and south of Stanford on the east slope of the Little Belt Mountains along Yogo Creek. Placer gold attracted the initial rush of miners, while deposits of silver, lead, and iron ore supported small scale lode mining for a number of years. It was the discovery of sapphires, however, that brought fame to the Yogo district.

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Historic Blue Nugget #3 Sapphire/Gold Placer Claim

MMC232715


 20 Acre Lode Claim – Yogo District – Judith Basin County, Montana

Gold Rush Expeditions, Inc. is proud to present the Historic Blue Nugget #3 Gold Mining Claim. This is a 20 acre placer mining claim for sale exclusively through Gold Rush Expeditions, Inc. The claim is located just outside of Great Falls, Montana and has been properly staked and marked at all corners. This previously abandoned mine has been meticulously surveyed, mapped and researched by Gold Rush Expeditions and shown to have excellent potential and value. Field work is completed by our own experienced, well versed Mine Survey Team.

The Blue Nugget #3 Claim is located directly on Yogo Creek in Yogo Gulch. This is the first area where the miners were panning for gold in the 1800s. The same areas where they kept coming up with blue pebbles. The claim area encompasses roughly 1320′ of Yogo Creek, exactly as pictured below. Please view images carefully as they document exactly what claim you will be receiving title to.

There is excellent 2WD access to the claim. The roads may get a little slippy when wet. 4WD is always recommended. There is a good staging and camping spot on the claim that will facilitate 3-5 vehicles. Its shaded and sheltered by the large trees on the claim. Some wide sections, some narrows and some pools and falls. Sapphires and small gold nuggets are common in the creek. The real gem to find will be the blue “Yogo” sapphires as they break out of dykes and vugs along the creek path. Yogo sapphires have been found in Yogo Creek from its junction higher in the canyon, all the way down to the patented land.

Gold Rush Expeditions owns all of the mining claims on Yogo Creek that are not private. If you are looking for Yogo sapphires, look no further. Yogo sapphire mining claims rarely if ever come up for sale. This recent batch of mining claims for sale represents the only remaining claims on or around Yogo Creek.

The Yogo Sapphires are only found in one place in the world, and that’s in Yogo Gulch, Montana. A small area where sapphires have been appearing for years. The sapphires break out of vugs and sedimentary formations, mostly dykes, in the vicinity of Yogo Gulch. This particular claim lies north of the patented sapphire claims that have been worked over for years and years. These patents have been worked and over worked and the story goes that the yogo sapphires only are found in the Yogo dike. If that is so, its interesting that sapphires have been found up to and near the head of Yogo creek. Sapphires and Gold. It’s not a bad return for spending a few days at some of the most beautiful Montana country you will ever see.

Sapphires are a color variety of corundum, a crystalline form of aluminium oxide. Corundum is one of the hardest minerals, rating 9 on the Mohs scale. Corundum gems of most colors are called sapphires, except for red ones, which are called rubies. The term “Yogo sapphire” refers only to sapphires from the Yogo Gulch. The cornflower blue color of the Yogo results from trace amounts of iron and titanium. Yogo sapphires are unique in that they are free of cavities and inclusions, have high uniform clarity, lack color zoning, and do not need heat treating because their cornflower blue coloring is uniform and deep. Unlike Asian sapphires, they maintain their brilliance in artificial light. Yogos present an advantage to gemcutters: since they are found as primary constituent minerals within an igneous bedrock rather than in sedimentary alluvial deposits where most other sapphires are located, they retain a perfect or near perfect crystalline shape, making cutting much easier, as does their lack of inclusions, color zoning, or cloudiness. Yogos also exhibit a triangular pattern on the basal plane of the flattened crystals, with thin rhombohedral crystal faces, a feature absent in sapphires from other parts of Montana.

The location of most Yogo sapphires within igneous rock rather than from alluvial placer deposits requires difficult hard rock mining. Coupled with American labor costs, this makes their extraction fairly expensive. At least 28,000,000 carats (5,600 kg) are estimated to still be in the ground. The Yogo dike is “the only known igneous rock from which sapphire is mined”. This again, is an interesting statement since the Yogo Sapphire have been found up and down Yogo Creek. Maybe they like to travel upstream, or maybe there is another dike higher up just waiting to be discovered.

Yogo Sapphires are extremely rare and desirable. A good 1 karat Yogo Sapphire can sell for upwards of $20,000.00. Yogo Sapphires are routinely found in the area but there are no active commercial Yogo Sapphire mines anymore. The last one closed in 2012 with the death on an underground miner who was credited with finding another large deposit of Yogo Sapphires.
yogo2

Yogo Sapphires as found in the rough. These recovered from Yogo Creek in 2011.

History of the Mines

Mining of Yogo sapphires was exceptionally difficult and remains sporadic today. Even so, Yogo sapphire mining turned out to be more valuable than several gold strikes.[34] The Yogo area also produced small amounts of silver, copper, and iron.

Yogo Gulch lies in a region originally inhabited by the Piegan Blackfeet people. Gold was first discovered at Yogo Creek in 1866, but the small numbers of early prospectors were driven off by local Native Americans. During a Gold Rush in 1878, about a thousand miners came to Yogo Creek, which was one of the gold-bearing streams in Montana not yet actively mined. “Blue pebbles” were noted along with small quantities of gold. The mining camp at Yogo City only flourished for roughly three years, and eventually the population dwindled to only a few people.

Yogo City was briefly known as Hoover City, after Jake Hoover. Hoover was part of a partnership that had been placer mining for gold and is credited as the discoverer of Yogo Sapphires. For several years, he also owned a ranch in nearby Pig-Eye Basin. He later prospected for gold in Alaska and was a deep-sea fishing guide in Seattle before eventually returning to the Judith Basin. Western painter C.M. Russell arrived in the area in 1880 as a young cowhand and was hired by Hoover. Russell stated that he learned most of his frontier skills from Hoover, and the two men remained lifelong friends. Millie Ringold, a former slave born in 1845, settled in Fort Benton, Montana after having worked as a nurse and servant for an army general. When gold was discovered at Yogo Creek, Ringold sold her boarding house in Fort Benton and left for the Yogo gold fields, setting up a hotel, restaurant, and saloon in Yogo City where she sang and played music. Ringold later cooked for the English mine, but also worked her own gold claims, even after gold mining was on the decline. She was known as a superb cook and ultimately died in Yogo City in 1906, the last resident of the community. The nearby town of Utica was featured in Russell’s 1907 painting A Quiet Day In Utica, which was originally known as Tinning a Dog. Hoover, Ringold, store owner Charles Lehman, and Russell himself are all depicted in the painting, placed between the hitching post and door of the general store.

The first claims along lower Yogo Creek, in the area of the sapphire dike, were gold placer claims filed in early 1895 by Simeon S. Hobson and Jake Hoover. Hoover did the bulk of the exploratory work, while Hobson, a rancher and president of the Fergus County Bank in Lewistown, arranged much of the financing. The pair enlisted Jim Bouvet in a partnership. Bouvet, a Chicago veterinarian, provided most of the $38,000 operating money needed to construct a ditch to divert water to their sluice operation. They built the Bouvet Ditch to increase water volume through their gold sluice assemblage on lower Yogo Creek west of the Ogg placer claim. The $38,000 investment proved worthless in terms of gold production; the first season’s work netted $700 in gold. Instead, they persisted in finding a bluish rock when they cleaned the sluice.

In 1894, the “blue pebbles” were recognized as sapphires. One story credits a local school teacher for recognizing the blue pebbles as sapphires. A variation is that the teacher lived in Maine, but was a friend of a local miner, who had mailed her a small box with some gold and a few “blue pebbles” in it. Another story credits a miner named S.S. Hobson for surmising that the blue stones might be sapphires, and his guess was confirmed by a jeweler in Helena. Ultimately, in 1895, Jake Hoover sent a cigar box containing those he had collected while mining gold to an assay office, which in turn sent them via regular, uninsured mail to Tiffany’s in New York City for appraisal by Dr. George Frederick Kunz, the leading American gemologist of the time. Impressed by their quality and color, Kunz pronounced them “the finest precious gemstones ever found in the United States”. Tiffany’s sent Hoover a check for $3,750 (approximately $106,700 as of 2016), along with a letter that described the blue pebbles as “sapphires of unusual quality”.

During the rise and fall of companies from 1899 to 1983, many tried to find success with the old American/English property. But there was a new mine that had started at Yogo Gulch. In January 1984, four local residents, Lanny Perry, Chuck Ridgeway and their wives, Joy and Marie, made their own discovery at Yogo. They followed a wood cutting trail that led them to an untouched section of the dike that had been previously disregarded by Gadsden as not worth mining. They staked their own claims on property not belonging to Roncor, and began to mine. This new area was called the Vortex Mine, and the mining was to be done underground. In time, they sank a shaft 280 feet down and discovered two different veins of Yogo-bearing ore.

The group operated this mine successfully for several years. Knowing that further capital was required and greater mine expertise needed, the mine was then leased to Small Mining Development (SMD) of Boise, Idaho. SMD came in and drove a spiraling decline shaft down to a depth of over 300 feet. SMD tried advanced mining techniques, such as high pressure water jets, to cut away the ore-bearing rock. Ultimately, SMD was dissatisfied with their production and profitability at Yogo. When SMD pulled out, they removed their wash plant and there was talk of possibly filling the spiral shaft with concrete and sealing the mine forever. The Vortex Mine became dormant and essentially closed in 2004.

The future for Yogo Sapphires looked very dim until the spring of 2008, when it was announced that Mike Roberts, a second-generation hard rock gold miner from Alaska, successfully acquired the Vortex Mine and its claims. He successfully commercially mined underground at Yogo, through the Vortex portal, utilizing the wash plant originally built by Pacific Cascade Sapphires. The mine shaft was around 300-foot deep but it had not been greatly explored by previous miners to determine the amount of Yogo Sapphires present. Mike worked diligently in the mine reaching a depth of over 400 feet, all the while following a vein of Yogo Sapphires.

Tragically, on March 19th, 2012, Mike Roberts died in an accident while working underground in the Yogo Sapphire mine. Mike died doing what he loved, searching for Yogo Sapphires. He was full of life and among his favorite things to do were to drill and blast, and spend time with his wife and family. His generosity to the Special Olympics is well known and was greatly appreciated. He was a great friend to all that knew him and he is greatly missed.

Roberts Yogo Sapphire Company, now operated by Mike’s wife and family, still owns the Vortex mine but mining has been limited due to the extenuating circumstances. It is undetermined if either mine will ever reopen for full operations or if the Yogo Sapphires brought to the surface in the last 100+ years will be the only ones the world gets to enjoy.

Summary material courtesy of “Yogo: The Great American Sapphire,” Stephen M. Voynick, Mountain Press Publishing Co., Missoula MT, 1985

Aerial view of claim and boundaries.

Number of Mines N/A
Nearest city with amenities Great Falls, Montana approximately 80 miles away.
Access to the Claim 20 miles outside of Utica, MT on very easy 2WD dirt roads.
Parking and Staging on the claim Parking for up to 10 vehicles and or equipment. Large open flat grassy area.
Resources Timbers, water.
Structures on claim None
Relics on the claim None
Elevation 5,873

 

 


Reference:

  1. A plan for the managment of historic mines in Montana : placer & hardrock

[learn_more caption=”Top Pictures”]

Treefall on the stream


Stream is narrow and deep in some spots.


Stream running through some grasses and small trees.


More treefalls


Wide bank and turn on the stream.


Stream flow continues.


Some good open areas to work the gravels.


Pools on the stream.


Note the moss build up. These rocks have not moved in many years.


Pools and a bank.


Stream undercutting a bank.


Heavily wooded section on the claim.


Another view of the claim.


View of the gravels and the flow of water.


Long view of the stream.


Another turn in the creek.


Properly monumented and documented.


Drive down access from the main road.


Old banks from extremely high flows.


Drop a camper, there is plenty of room for camping while working your claim.


Stream crossing will keep the Subarus out of your camp.


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[learn_more caption=”Claim Rating”]

Total Workings

Greater than 2600 feet of workings estimated. This assessment based on what surveyors observed while on site.

Historical Value

Accessibility and Location

2WD vehicle can get to claim

Mineral Value

Free milling gold, gold nuggets or gems

Resources

  • 1 point – Wood/Shade/Timbers/Trees
  • 0 Points – No Structures/Not Applicable
  • 2 points – Year Round Water Source
  • Total Resources Rating: 3

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[learn_more caption=”Weather”]

Weather data from nearby city – Sapphire Village, Montana

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[learn_more caption=”USGS information on the mine(s)”]

Disclaimer: This MRDS information is provided for reference only and does not represent the actual mine or the current state or mineral content or value. It should not be perceived as accurate or definitive. MRDS information should not be relied on as decision data, the MRDS system has not been updated in over 20 years. The US Bureau of Mines, who was responsible for mining site assessment was disbanded in 1994. USGS and MRDS information has not been updated in over 66 years.

Commodities:

  • Gold – Primary
  • Gemstone – Primary

Geological Information

Cambrian, undifferentiated

References:

USGS Database – 10124526

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[learn_more caption=”Mining District Overview”]

Yogo District Information

History:

The Yogo district is located in a relatively remote area east of Neihart and south of Stanford on the east slope of the Little Belt Mountains along Yogo Creek. Placer gold attracted the initial rush of miners, while deposits of silver, lead, and iron ore supported small scale lode mining for a number of years. It was the discovery of sapphires, however, that brought fame to the Yogo district.

Following the initial discoveries of placer gold in Montana, miners fanned out to locate new deposits. Some evidently found gold on Yogo Creek about 1865, but did not stay long when Native Americans became hostile. Other prospectors later returned to the area, and their discovery of gold along Yogo Creek in 1879 brought a rush to the remote region. The short-lived town of Yogo mushroomed to a population of 1200-1500 at its peak.

Miners constructed a number of miles of ditches to bring water to work their claims, which extended along the main creek for six miles on either side of the camp. Remnants of these ditches remain, including a section near Morris Creek.

While most worked claims along Yogo Creek, others worked ground in tributary creeks such as Skunk Gulch. At the end of the first season, however, the return was so small that the population rapidly dwindled. Just four years after its discovery, Yogo Gulch was all but deserted. A few miners continued placering in the alluvial gravels, and two men reported making fair wages in 1897 working a small hillside claim. A small population remained in the area for many years.

While the placering did not pay off, a number of prospectors staked lode claims in the Yogo district. Discoveries concentrated in the area north and west of Yogo camp, especially in Skunk and Elk gulches. The Blue Dick mine was located in 1878, the Gold Bug (Weatherwax) the next year, and most others in the following decade. Aside from the Gold Bug, there was little development work on the mines until the late 1880s and 1890s. The Blue Dick, California, Della and Quaker City, Gold Bug, Little Emma, and T. C. Power were all worked during this period. None contained much high-grade ore, however, and apparently most activity ceased by the turn of the century. The Blue Dick, California, and Gold Bug all experienced revivals during the 1930s and 1940s, and the New Deal was probably worked during the same time.

Due to the remote location of the Yogo mines, there were a number of small mills set up in the district to process the ore. Elias Shelby operated a water-powered arrastra at Yogo, grinding ore in two “tubs.” He processed ore from the T. C. Power mine in 1889 and may have been responsible for milling ore from the Blue Dick four years later. Accounts differ for the arrastra associated with J. D. Weatherwax’s Gold Bug mine. Robertson and Roby (1951) claim that he built an arrastra on Skunk Creek, while Hay (1975) recalls that Weatherwax packed the ore to Yogo where it was crushed in the same arrastra that processed ore from the T. C. Power mine. Weatherwax later replaced the plant with a five-stamp mill.

Operators in the 1930s and 1940s also established local milling facilities. While the owners of the New Deal mine erected just a small gravity mill, the Blue Dick Mining Co. built a 50-ton gravity flotation mill in Elk Gulch to work ore from the mine. Lessees at the Gold Bug took a different approach, shipping ore to the smelter at Anaconda. In addition, both sapphire mines had milling facilities that are described in detail below.

Continued placering for gold led to the unexpected discovery of sapphires in Yogo Gulch. Different versions of the story provide details and often conflicting information. A group of men worked the gravels of a bench east of Yogo Creek during the summer of 1895, constructing a $38,000 ditch to bring water to the claims; remnants of this ditch and flume can be traced for several miles from west of Bear Gulch east-southeast to the sapphire mines. Weed (1900) does not provide names of the miners; Robertson and Roby (1951) lists the men as G. A. Wells, S. S. Hobson, Matthew Dunn, and J. Hoover; and Wolle (1963) names a partnership of Jake Hoover, Frank Hobson, S. S. Hobson, and Dr. J. A. Bouvet. The investment failed to pay, however, since the season’s cleanup amounted to only $700.

The sluices lacked gold, but the men noticed that they contained a number of blue pebbles. Weed (1900) reported that these were identified as sapphires and New York’s Tiffany & Co. paid $3750 for a cigar box full of the gems. Robertson and Roby (1951) claim that Tiffanys paid only $1800 for the rough sapphires. Wolle offers still two other versions. In one story, Frank Hobson sent a sample of gold to a teacher friend in Maine, including some of the blue pebbles for interest; she wrote back to thank him for the sapphires. In the other account, Jake Hoover asked other miners about the strange stones; S. S. Hobson’s initial identification as sapphires was then confirmed by a Helena jeweler. Unlike other Montana sapphires, those from the Yogo deposits are valued for their cornflower blue color and exceptional brilliancy.

While Hoover and others set out to wash the creek gravels for sapphires, a local settler named John Ettien accidently stumbled on the sapphire lode when he was prospecting near the placer operations. He found a fissure in a limestone outcrop with a soft filling that looked like a vein. Ettien staked two claims, washed some dirt, and immediately found blue sapphires. Hoover and others quickly recognized the dike as the source of the Yogo sapphires. Miners traced the vein for at least five miles and staked claims along its length.

New Mine Sapphire Syndicate, a British company, purchased claims along the eastern end of the dike in 1897, while American Sapphire Co. (succeeded by Yogo Lapidary Co. and Yogo American Sapphire Co.) bought claims about the same time at the western end. The two companies mined the vein until 1914 when the British syndicate bought out its competitor, controlling all 33 patented claims. It continued operations until 1929.[1]

Geology:

Sedimentary rocks underlie the area and include limestones, shales, and sandstones from the Precambrian to Carboniferous periods. Igneous rocks have intruded into the host rocks, and mineral deposits are found at or near the contact zone. The primary minerals are galena, pyrite, and chalcopyrite, along with their oxidation products. Iron ore is found in lenses and bands within the Madison limestone near the zone of contact. Sapphires are found “in a minette or lamprophyre dike that cuts flat-lying Madison limestone”.[1]

References:

  1. Montana DEQ 92

District Overview:

District Aliases N/A
Discovered/ Organized 1865
Noted Commodities Sapphires, Gold, Silver, Lead, Iron

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This claim and property come with the full backing of Gold Rush Expeditions and our legal resources. We take mining rights seriously. Hopefully you will never have any problems with the Forest Service or BLM employees, but if you ever do you can rest assured that we will fight to protect your mining rights. We have a lawyer on retainer and offer free no-cost legal representation. We are here for you long after you buy a claim from us.

As usual, we recommend that you file a Notice of Intent with the BLM or local Forest Service office before working your claim. This doesn’t cost anything as long as you are operating under casual use. We would like to see that everything goes according to your plans. Some activities may require permitting with the local Forest Service or BLM offices. We have created a page on our website with helpful information on writing a Notice of Intent and, also if you are unsure about what activities are permitted under casual use, we’ve got some helpful links at the bottom of that page.


“The most important piece of your mining claim is that actual mining claim documentation and location. While other fly by night operations may have the best of intentions, they often get it wrong. This results in you, as a customer, not getting what you paid for. GRE has been documenting, writing and transferring mining claims for over 10 years. We know what we are doing. From our in-house notaries to our master land surveyors, we get the job done right, and we back it up in writing. GRE Guarantees that this mining claim has been written correctly and accurately. It has been physically staked on all corners with GPS embedded images for clear verification. GRE will provide documentary evidence of all paperwork and location staking for the claimant.

GRE works hard to make sure that everything we do is perfect, but occasionally we may make a mistake. So while it is understood by the Customer and GRE, that all attempts have been made to verify accuracy and location in relation to this claim, we want to go one step farther. In the case of inaccuracies or other issues that may impact your claim, GRE will amend or modify and record any documents and physical monuments as deemed necessary at no cost to the buyer.

GRE guarantees this mining claim to be exactly as described and pictured. Please view all images and read complete claim description. We spend a lot of time and effort to document all aspects of each mining claim.

This Guarantee is not any sort of guarantee of mineral content, reserves or future earnings. Assay reports, Reserves, and mineral values are provided as they have been recorded by United States Geological Surveys, and state and local mining reports. Historical records and production are provided for information only. GRE strongly advises all potential claim owners to educate themselves about mining claims. Please be fully aware of what is conveyed with this mineral claim. If you have questions about mining, mining law, processing or even other properties, please contact us; our offices are open from 9am to 5pm MST, Monday through Friday. We are here to help the small miner work and support the development of mining in this new era of Mining in America.


It’s hard to make an accurate assessment of mines and mining claims today. The history, the books and the documents change over time. Universities and Agencies seem to write and release documentation designed to deter the average miner.

We examine each mine, and determine its actual potential. This is based on documented and verifiable history, as well as field observations and mapping of the sites. This helps us thoroughly and accurately describe our claims, as well as help you make informed decisions regarding the purchasing of a mining claim. In addition, the geological and historical information provided gives claim owners the tools to know where to look. After all, the gold, precious metals and minerals are out there, and there is a lot of it, you just have to know where to look. If you need more information, please feel free to contact our office and set an appointment to discuss your desired property.


Sales Information


What is being sold:

You are purchasing (a) lode mining claim(s) and/or (a) placer mining claim(s), owned and located by GRE, Inc. This purchase is for all interest in the claim(s). The claim(s) have been examined and documented by professional mineral field surveyors. They have verified the information and potential mineral content of the site. The claim(s) are as represented and documented above. Each lode claim measures 1500ft by 600ft. or 20.66 acres, unless otherwise noted. Each Placer claim measures 1320′ x 660′ or 20 acres unless otherwise noted. The claim(s) and the mine(s) has/ have been verified and recorded with the National Bureau of Mines. For more information on this, please contact the National Bureau of Mines on their website. This mining claim gives the owner full control of the minerals and ownership of all lodes, minerals and gems on the claim for as long as the purchaser maintains ownership. Ownership is retained by annual maintenance assessments of $155 per claim, plus a small recording fee both payable to the BLM. These fees are per claim, per year.

Annual Assessment Fees have been paid for this claim for the 2017 year. No additional BLM fees until Aug. 2017.

Binding and Legal notes:

  • The claim(s) has been staked according to state law to include all of the mines and land as pictured. GRE has placed all stakes on all corners as required by law.
  • The claim(s) has been described professionally and according to the National Bureau of Mines standards of Mineral and Mining Claim surveys. They have been measured, staked and validated by professional Mineral and Mining Claim Surveyors.
  • Ownership of this lode claim(s) gives the registered owner full control and ownership of all locatable lodes and minerals that may be located on the claim and or underground as accessed by the tunnels.
  • The sale of this claim(s) does not constitute any speculative investment or security. GRE is not selling any stocks, shares, securities or any sort of speculative investment.
  • The sale of this claim and the information contained therein does not imply or guarantee values, assay reports, or future earnings. GRE, Inc. makes no guarantees, neither written nor implied of any past, present or future value or mineral content.
  • The sale of this claim does not account for any land or access issues that may arise. In the case of any access issues GRE can guide the claim owner with our legal counsel and years of experience in accessing mining claim sites.

GRE, Inc. recommends that all buyers make all efforts to inform themselves on the interests and legalities of mining claims prior to any purchase of mining claims.  GRE is available via phone or email during normal business hours. Our offices are open from 9am to 5pm Monday through Friday.The GRE team is educated, knowledgeable and competent to answer any questions you may have. Please don’t hesitate to contact us. 385-218-2138 or goldrush@goldrushexpeditions.com


Payment:

A non-refundable deposit of $500.00 is due within 24 hours of the auction end. This is to secure your interest in the site while the remaining balance is in transit. Full payment (or Signed contract with down payment) is required within 7 days of auction end without exception.

Deposits can be made with Credit/Debit cards, however remaining balance payments must be paid by cash, check, or other verified funds. This is due to the nature of the claims being Real Property. Monthly payments can be made with Credit/Debit Cards

Failure to meet payment requirements will result in claim(s) being re-listed or offered to other buyers. Deposits are not refundable and will not be returned. Purchasing a claim from GOLD RUSH EXPEDITIONS, INC. indicates consent to the GOLD RUSH EXPEDITIONS, INC. Purchase Agreement. Please review this document carefully when it is received, this document is a vital element of the sale. It documents how the claim will be transferred and to whom it will be transferred. The purchase agreement states our commitments to you and your understanding of what is being sold and transferred. For your convenience, we offer digital signature options to expedite the process.

GOLD RUSH EXPEDITIONS, INC. accepts all forms of valid, legal payment, including Cash, Check and verified (stamped) gold or silver bullion (at spot price). We do not accept PayPal.

Gold Rush Expeditions, Inc. will send all correspondence to the email you have provided, please verify that your address is correct, we are not responsible for misdirected or unreceived email. Payment and signed Purchase Agreement Finance Contract are due in full within 7 days.


Annual Assessments:

Annual assessments are required for each mining claim. There are various fees and forms involved with these annual assessments and failure to comply or submit them correctly can result in the forfeiture of your mining claim.
We recommend that purchasers familiarize themselves with this process.

Gold Rush Expeditions, Inc. also offers an Annual Assessment filing service, wherein we guarantee your filing and acceptance. Safeguarding your claim against loss and forfeiture.


Financing:

In most cases we can offer financing of sites upon approved credit history. Gold Rush financing requires roughly 24 hours to verify and approve. Financing requires downpayment of at least 25% of the total purchase price or $2500.00, whichever is more. Gold Rush financing is only available on purchases of over $5,000.00 with approved credit. We approve 99% of our applicants. Please call our office to apply. Please be sure that you are pre-approved before making bids or committing to purchase.

Gold Rush financing is offered at a rate of 9% APR (annual percentage rate). Documentation fees can be added to finance arrangement. While under contract, Buyer will have full access to the claim under casual use guidelines. Further operations requiring Plan of Operations are not allowed while the site is under contract. Upon final payment, as designated by contract, the Quit Claim deed will be immediately filed and sent to owner. More details on Gold Rush financing available upon request.


Terms & Conditions of the Sale:

This sale is for UNPATENTED, Federal mining claim(s). Mining claims require a yearly maintenance fee of $155 per year, per claim, (or a small miner’s waiver to reduce fees) to retain ownership.

The maintenance fees for the claim have been taken care of for the 2016-2017 year. No additional monies will be due to the BLM until September 1st of 2017, to retain ownership for the 2017-2018 year.

GRE can file maintenance fees and documents for claim owners upon request for additional years.

The documentation fee covers all notarizing, mailings and filings required with County and State Recorders, and filing and verification with appropriate State BLM office.


Buyer will receive the following with their completed transaction:

  • Quit Claim deed showing transfer of ownership of the claim. This document will stamped, recorded and verified with the County and BLM offices. No other paperwork required
  • Welcome Packet with all of the rules and regulations as they relate to the State and BLM where the claim is located.
  • A CD of all documented images of the claim including a GRE survey and mapping of the site.
  • 24k map with claim marked & GPS coordinates
  • 100k map with claim boundaries clearly shown
  • Official National Bureau of Mines Documentation.
  • GRE Sticker
  • Other GRE Promotional Materials

Documentation:

There is a documentation fee of $349 for each Mining claim. In the case of multiple claims in a single sale, any other associated claims are charged at $249 each.

Please note that all information and documentation will only be sent to the email address you have on file with GOLD RUSH EXPEDITIONS, INC. Your documentation will also only be shipped to the address on file with GOLD RUSH EXPEDITIONS, INC. Please verify this information. We do this for your security as well as ours.
All documentation, Payment and Purchase Agreement documents must be completed to begin the transfer of the Quit Claim. Quit claim can be transferred to any person or business once identity has been established. Documentation fees cover all of the filing of paperwork in the proper counties and state and with the BLM. The purchaser will receive a Quit Claim deed transferring all interests in the claim.

Note: Our new documentation process is nearly 100% digital. All of your legal and purchase information is verified and signed online. Documentation time is usually less than 1 week.


Legal Notes:

*This claim is not for any Speleothems, Stalactites or Stalagmites. This claim is not for any cave formations of any sort. *This claim is not for ownership of a cave or any sort of cave related items. It is for control of locatable minerals and the ability to secure the land on which your minerals are located. *This claim is for Mining Claims. Mining Claims are administered by the BLM. They are not administered, nor are they under any control by the US Securities and Exchange Commission. *This sale does not constitute any sale of stocks or other security interests that represent a current investment ownership interest in an entity. Nor does this sale represent any effort by individuals to raise money or find investors for Businesses. A mining claim is not ownership of the land. It is full control of locatable minerals. The BLM defines located minerals as: * Locatable minerals include both metallic minerals (gold, silver, lead, copper, zinc, nickel, etc.) and nonmetallic minerals (fluorspar, calcite, mica, certain limestone and gypsum, tantalum, heavy minerals in placer form, and gemstones). (Edited from: http://www.blm.gov/pgdata/etc/medialib/blm/wo/MINERALS__REALTY
__AND_RESOURCE_PROTECTION_/energy.Par.26680.File.dat/MiningClaims.pdf) The General Mining Law of 1872, as amended, opened the public lands of the United States to mineral acquisition by the location and maintenance of mining claims. Mineral deposits subject to acquisition in this manner are generally referred to as “locatable minerals.” A lode claim is defined as: “Jefferson-Montana Copper Mines Co., 41 L.D. 321(1912), established the full test for a lode claim: “To constitute a valid discovery upon a lode claim, three elements are necessary: 1. There must be a vein or lode of quartz or other rock-in-place, 2. The quartz or other rock-in-place must carry gold or some other valuable mineral deposit, 3. The two preceding elements, when taken together, must be such that as to warrant a prudent man in the expenditure of his time and money in the effort to develop a valuable mine.” Additionally, Federal statute does not describe what constitutes a valuable mineral deposit; therefore the government has adopted the “prudent man rule.” This rule determines value based on whether or not a person will consider investing time and money to develop a potentially viable mineral deposit. This rule was first stated by the DOI in 1894, in the adjudication of Castle v. Womble, 19 L.D. 455 (1894), the holding of which states: “…where minerals have been found and the evidence is of such a character that a person of ordinary prudence would be justified in the further expenditure of his labor and means, with a reasonable prospect of success in developing a valuable mine, the requirements of the statute have been met.” Note, this is site is not subject to the Cave Protection act of 1988, as Federal Law states: 16 USC Sec. 3378&01/08/2008 Sec. 3378. Miscellaneous provisions -STATUTE- (d) Existing rights Nothing in this chapter shall be deemed to affect the full operation of the mining and mineral leasing laws of the United States, or otherwise affect valid existing rights. -SOURCE-(Pub. L. 100-691, Sec. 9, Nov. 18, 1988, 102 Stat. 4550.) REFERENCES IN TEXT The mining laws and mineral leasing laws of the United States, referred to in sub sec. (d), are classified generally to Title 30, Mineral Lands and Mining. The information above is cited from the official Department of the Interior Bureau of Land Management page.


Return Policy:

Due to the nature of this sale, returns are not applicable. In the case of any issues, we will work with the buyer to be sure that the buyer is satisfied with their purchase as per the GRE Guarantee. GRE does not make partial refunds or cash refunds. All refunds or adjustments will be given in the form of credits or merchandise of at least equal value.


About GRE:

Since 1999, Gold Rush Expeditions, Inc. (GRE, Inc.) has been locating and documenting valuable mining claim sites. We research, locate and document historic and significant mines throughout the Western United States. We sell mining claims, that’s it. We have a dedicated and knowledgeable survey team, and an entire office staffed with hard working employees who make all of this possible. We invite you to learn more about the people behind GRE. We also have a full legal team dedicated to monitoring and protecting our interests and yours!

GRE is an actual “brick and mortar” business with an office that you can stop into. We do operate within normal business hours of 9am to 5pm MST. We can be reached in the office at 385-218-2138. You can feel free to stop in and see what we are working on. Our office has an extensive mining library and an impressive collection of mining artifacts and memorabilia. Mining claims can be tricky from state to state. GRE, Inc. has provided more mining claims than anyone else, to happy, satisfied customers. We will be here long after the sale to help out with most anything you need. We sell many claims to repeat buyers; this says a lot about what we are doing.

GRE, Inc. researches over 600 sites per month. Out of those sites we usually only claim 20-30 mines. The sites we offer are the best of the best. We don’t claim the first hole in the ground that we see. We research and document these sites. We claim these mines because we believe them to have a good value. GRE has pioneered offering mining claims to the public at a reasonable rate, taking care of all the paperwork for you. We go the extra distance to make sure that everything is right and if it’s not, we will make it right.

In addition to your claim you will also have access to GRE, Inc.’s legal counsel. They are familiar with what we do and very efficient at resolving any issues that may arise. GRE, Inc. will often cover the costs of the legal counsel, dependent on the issues that need resolving.