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Historic Culverwell Gold Mine NMC1120981– 20 acre Lode Mining Claim for Sale – Caliente, Nevada

$52,000.00

There are very few claims that are able to stay off the grid and not be molested and disturbed by the general public. The Culverwell is one of those rare examples of a historic mining camp that has been operating for nearly 100 years before it was abandoned. The mine was located on a wire gold outcrop and as late as 1982 it produced gold at an average of 1.44 OPT.  There are USBM reports of wire gold on quartz coming from the mines. Wire gold is often more valuable as a sample than the actual gold weight and can sell for up to 8x the spot price of gold. It’s that rare.

The Culverwell was reportedly owned and operated by Mr. Charles Culverwell as far back as 1899. Charles Culverwell was the owner of the Culverwell Ranch which later became Caliente.

Product Description

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Historic Culverwell Gold Mine and Mining Camp

NMC1120981

20 Acre Lode Claim – Delamar District – Lincoln County, Nevada

Culverwell_GoogleEarth

Aerial view of claim and boundaries.


Overview of the Claim


Gold Rush Expeditions, Inc. is proud to present the Historic Culverwell Gold Mining Claim. This is a 20 acre lode mining claim for sale exclusively through Gold Rush Expeditions, Inc. The claim is located just outside of Caliente, Nevada and has been properly staked and marked at all corners. All Gold Rush Expeditions, Inc. claims have been meticulously surveyed, mapped and researched. Field work is completed by our own experienced, well versed Mine Survey Team.

There are very few claims that are able to stay off the grid and not be molested and disturbed by the general public. The Culverwell is one of those rare examples of a historic mining camp that has been operating for nearly 100 years before it was abandoned. The mine was located on a wire gold outcrop and as late as 1982 it produced gold at an average of 1.44 OPT.  There are USBM reports of wire gold on quartz coming from the mines. Wire gold is often more valuable as a sample than the actual gold weight and can sell for up to 8x the spot price of gold. It’s that rare.

The Culverwell was reportedly owned and operated by Mr. Charles Culverwell as far back as 1899. Charles Culverwell was the owner of the Culverwell Ranch which later became Caliente.

“The meadow area around the junction of Meadow Valley Wash and Clover Creek was originally settled in the early 1860’s by Ike and Dow Barton, two Negro slaves who had escaped from Arkansas. In the early 1870’s the area was known as Dutch Flat, with Jackman Ranch being established. In 1874, ranchers Charles and William Culverwell purchased the Jackman Ranch and renamed it as Culverwell Ranch. It was later referred to as “Culverwell.” Along with ranching, the family earned a living by providing hay for the mining camps in Pioche and Delamar.

A dispute between two major railroad companies began when E.H. Harriman of the Oregon Short Line and Union Pacific, pushed track from Utah to the site of Culverwell. Even as Harriman’s crews worked on the line, the newly formed San Pedro, Los Angeles and Salt Lake Railroad owned by Senator William Clark, claimed the same territory. These rival groups had sought the right-of-way in a canyon only big enough only for a single set of tracks. The Union Pacific had grade stakes set all the way into Culverwell and on toward Pioche, but their rival group gobbled up enough of the narrow canyon to set a road block in the path of Union Pacific.

In 1901 William Culverwell ended the Harriman-Clark battle with his shotgun. As owner of the land, Culverwell allowed one railroad grade to be built through his property. The two factions eventually reconciled, Union Pacific assumed control of the project. Culverwell became “Calientes” (the Spanish word for hot) after the hot springs found in a cave at the base of the surrounding mountains. The town was surveyed, and on August 3, 1901, a post office opened and postal officials renamed the town Caliente, dropping the ‘s’. The railroad line was completed in 1905, and by 1910, Caliente was the largest town in Lincoln County with 1,755 residents.

A two-story wooden structure served as a train depot until burning down in one of Caliente’s disastrous fires. In 1923, the impressive Caliente Train Depot was built, a classic Mission-style building constructed of tan stucco. This two-story building included the railroad station, private offices and a community center on the first floor, while the second level featured a hotel.”

The Culverwell is an extremely valuable Nevada Gold Mining property because of the extensive infrastructure. The claim has a large mine camp on it, this camp consists of a water heated home, a workshop, an outdoor bath and lavatory. In addition to all of that there is a 25,000 (est) gallon cistern on the property and a series of garage/carports. Enough to shelter 4 vehicles and or equipment. There is also a chicken coop for those of you ready to live completely off the grid. It would require a Notice of Operation to occupy the claim full time, a bit of paperwork but it would also allow the claimant to gate the road and restrict access. Something that would be wise with the gold values that are noted from the mines on the claim.

There is excellent road access to the claim and the mines. All you need is any standard 4WD. There is a rocky incline as you start the drive up to the camp that will shred street tires, so make sure you put some good shoes on that 4WD.

This claim is a stellar site and one of only a handful that exist like this. The infrastructure is invaluable and would cost millions in permits today, however, the fact that a mine producing documented wire gold and at a good rate is astonishing. This mine could ideally be worked by a few small miners with a Notice of Operation. Occupying and cleaning up the camp while pulling out the wire gold from the stable and intact mines.

Reference:

Callahan, 1937, University of Las Vegas, Nevada; City of Caliente, http://www.cityofcaliente.com/about-caliente/history; Gold Rush Expeditions, Inc. Surveyors, 2016



[learn_more caption=”Claim Rating”]

Total Workings

Extensive from actual surveys and historical documentation. Well over 2500′ with multiple adits and shafts. Some closed that have not been seen since at least 1937.

Historical Value

Highest possible rating. Charles Culverwell settled the town of Culverwell Ranch which became Caliente. Culverwell was known for his prowess in business and the Culverwell Mine is rumored to have financed a good many endeavors.

Accessibility and Location

Excellent 4WD road to the claim and the lower adits. Location is remote and the mine is at the end of a dead end road.

Mineral Value

Wire gold was reported to be the main export. Some of this sold as samples for more than the actual value of the gold.

Resources

Water tanks, Housing, Timber, Wood. Highest possible rating.

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[learn_more caption=”Quick Overview of the Claim”]

Number of Mines 5 adits and shafts including some closed.
Nearest city with amenities Caliente
Access to the Claim Drive up access to claim with 4WD.
Parking and Staging on the claim Parking for up to 20 vehicles. Covered parking for 4 vehicles and or equipment.
Resources Water, Timber, Shelter. Full camp ready for work
Structures on claim Housing, Workshops, garages.
Relics on the claim Machinery, old miners trash
Elevation

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[learn_more caption=”Weather”]

CalienteNEWeatherChart

Weather data from nearby Caliente

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[learn_more caption=”The Mines”]

Overview of the Mines

The Culverwell mines are a series of workings exploring a trend of wire gold on quartz that is noted in several documents. The gold from this site, when processed in bulk assayed an average of 1.44 OPT in Gold. At current there is a single adit that is open. It is gated by a massive old iron gate that is simply beautiful. The mine appears to be a haulage tunnel for the first few hundred feet before taking a turn and opening into a large stope. The stope breaks off in several directions, one declining drift has been backfilled and would need some work to re-open. There is also a winze in the stope that leads down about 40-50 into another series of drifts. Air was good throughout and readings were steady on the 4Gas meter. The mine is stable and cut into hard rock. There were no areas of concern or potential cave ins.

A 1984 Reports sums up the geology and gives a good general overview of the workings:

“Several south-trending adits, mostly open, with large dumps (probably several hundred feet of workings). One caved shaft & adit. Mine is probably being worked intermittently on small scale. Cabin below workings looks “lived in.” Dump material is sorted. Generator & mine equipment on property.
GEOLOGY: Lower adit begins in alluvial slope rubble of Prospect Mtn. quartzite. The adit obviously intersects bedrock because the dump is composed of silicified quartzite
cut by a random network of white to vitreous grey quartz veins. Some veins are banded, open centered & enclose breccia fragments of quartzite & monzonite porphyry intrusive?
rock. The fragments of quartzite & intrusive are altered & Fe-stained. Pyrites contained in the vein material. White, euhedral barite crystals fill vugs in vein material. Quartzite fragments in the breccia have developed sericite & chlorite in – response to metamorphism & commonly contain finely disseminated pyrite.
Upper adit begins in an outcrop of quartzite & dirty quartzite beds which are 1-3′ in width & strike N40W, & dip 55SW. In general, the rocks are more poorly sorted & contain a higher matrix content than that usually observed in quartzites of the Prospect Mtn . Fm. Most of the dump consists of quartz-cemented quartzite, red & brown sandstone,  & siltstone breccia. The breccia fragments are typically cemented with vuggy, banded quartz with prismatic terminated quartz crystals filling central cavities between fragments. Also coarse grey calcite, quartz after calcite, banded chalcedonic quartz & mangosiderite are commonly found as gangue vein minerals on the dump. Crosscutting breccia veins & splayed, banded veins indicate splitting of laminated host during vein emplacement & successive veining & brecciation of the host rock. Mnoxs coat quartz material and barite were observed as minor constituents of quartz & calcite vein.
The upper caved shaft (not shown on map) exposed a N45W, vertical or steeply SW- dipping, banded quartz/calcite vein about 3-4’wide. The vein is brecciated & fractured & intrudes red-brown dirty quartzites & sandstones. 
According to Callaghan, the Culverwell Mine explores several NW-striking veins of calcite & quartz . The abundance of vein material at mine site indicates veins were explored for substantial lengths. Rhyolite dikes are mapped near the workings.

Wire gold on quartz reported from this locality. Sample 1756- Lower adit.  1757- Upper adit. ”
REF: Callaghan, 1937; Bentz/Smith 10/2/83; Gold Rush Expeditions, Inc. Survey Team, 03/2016

DSC07124

Mine 10154 Entrance

Mine 10154 Diagram

Mine Details:

Access to the Mine Walk in, work past existing gate.
Tailings Present Extensive, over 10,000 tons
Entrance Hard Rock
Mine Cut Adit
Depth / Length Over 2500′ from historical reports and Gold Rush surveyor reports and maps
Minerals in the Mine Gold, Silver
Foot Traffic in the Mine None
Last Worked 1984

[learn_more caption=”Surveyor’s Observations”]
Beautiful old claim, nearly undisturbed. Heavy machinery has been removed long ago. Gold on quartz appears to be the main export. Lots of tailings, 20k tons or more, showing some gold and quartz, likely some silver and lead as well. 3 entrances are collapsed and would need to be excavated. This would likely take a few days each for 1 man to clear.

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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.

Ownership History

  • Charles Culverwell, 1899
  • Willard Pete, 1974
  • Tim Watt, 1982
  • Gold Rush Expeditions, Inc. 2016 – NMC1120981

Commodities:

  • Gold – Primary

Comments on Mine/Production

FIRST DISCOVERY IN THE DISTRICT WAS MADE NEARBY IN MONKEY WRENCH WASH. SOME SURFACE EXPLORATION DONE IN AREA PROBABLY IN EARLY 1980’S. CABIN BELOW WORKINGS LOOKS “LIVED IN”. DUMP MATERIAL IS SORTED, AND THERE ARE A GENERATOR AND MINING EQUIPMENT ON PROPERTY. MINE IS PROBABLY WORKED INTERMITTENTLY ON A SMALL SCALE (1983). VEINS EXPLORED BY A SHORT TUNNEL AND SEVERAL PITS A WINZE WAS NOTED IN THE TUNNEL AS WELL AS A 60-FT CROSSCUT TRENDING S16W, AND A DRIFT ON THE VEIN FOR 53 FT S50-62E. AN OPEN CUT IS CONNECTED TO THE DRIFT BY A RAISE. IN 1983, THERE WERE SEVERAL S-TRENDING ADITS MOSTLY OPEN WITH LARGE DUMPS, ONE CAVED SHAFT AND ADIT ABOVE AND SW OF UPPER SAMPLED ADIT. ROAD TO WORKINGS HAD BEEN RECENTLY BLADED.

Gold – Ore
Chlorite – Gangue
Pyrite – Gangue
Sericite – Gangue

Geological Information

ORE FOUND IN 2 CONVERGING VEINS STRIKING S 40 E AND S 50 E. THE WIDTH OF THE MAIN VEIN IS 2 FEET, DIPPING 74-88 DEG SW. VEIN MATERIAL IS LEACHED NEAR THE SURFACE, CONTAINING QUARTZ WITH MANGANESE AND IRON OXIDES. SOME SPECIMENS OF VISIBLE WIRE GOLD ON QUARTZ WERE OBTAINED.

References:

USGS, Mineral Resources Data System, MRDS M032088

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[learn_more caption=”Claim Photos”]

Internal headframe over a winze.


A drift filled with old barrels and miners trash.


Might be some copper running in here.


Hand cut and drilled tunnels.


Another short offshoot.


Gold with quartz in the haulage tunnel.


Copper and Silver.


Gold bearing ores.


Mine is tracked and ready for work.


The haulage tunnel is a little short, but still easily accessible.


Quartz with gold.


Terminated quartz crystals as reported in geological reports.


There was an adit here. It will need to be dug out.


Metals on discarded ores.


Roads are in excellent shape.


Site of the upper adit.


Upper adit. Note the quartz upper right.


Found in the waste rock pile.


Hot tub?


Grill and workshop entrance.


Backside of the cabin.


Grill station.


Carport on the property.


Cistern


From the mine, overlooking the camp below.


Old rails from the upper adit.


Ore chute.


Rail runs from the adit to the mine.


Excellent roads all around the claim.


The adit entrance.


Beautiful old mine door.


Inside the adit, note the bleach, common in gold mining today.


Haulage tunnel in excellent condition.


Gold and copper ores.


Fleck gold (upper right).


No footprints inside the mine.


Winze with an open cut.


Decline that has been filled with muck.


Old survey markers on the gold vein.


Some copper showing in the quartz, but its the gold in the quartz you are after.


Likely good grade silver.


Looking out the entrance.


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[learn_more caption=”Mining District Overview”]

Delamar Mining District Information


The Delamar or Ferguson mining district is centered around the ghost town of Delamar on the western slope of the northern Delamar Mountains. The main portion of the historic mining district is located in the area between Monkey Wrench Wash and Cedar Wash in the southeastern portion of TSS, R64E and the northeastern portion of TSS, R65E. For the purpose of this report, the limits of the Delamar district have been expanded to include all of the northern Delamar Mountains between Meadow Valley Wash, Delamar Valley and extending between T4S and T7S.

History

According to the account given in Callaghan, 1937, the first discoveries at Delamar were made in 1891 near Monkey Wrench Wash in the northern part of the district. Claims were located at the Magnolia mine, about one mile to the south of the Monkey Wrench, in March 1892, and the Delamar – April Fool area was staked about one month later. The district was originally named for its discoverers, John E. and Alvin Ferguson, farmers from Pahranagat Valley. In 1893, most of the claims in the district were acquired by Capt. J. R. De Lamar, a mining entrepreneur who was associated with many other mining ventures in the west. De Lamar carried the Delamar and April Fool mines to production, and the Delamar district was the premier producer of gold in Nevada in 1894. Between that time and 1902, the Delamar mines produced $9,500,000 in gold and silver.
In 1902, De Lamar sold his interest in the Delamar mines to a group of eastern investors, and a new operating company, Bamberger-Delamar Gold Mining Co., was formed. This group resumed production in 1903 and operated in the district until 1909 when. the mines were permanently closed. During this second period of operation, $3,400,000 in gold and silver was produced. The district was idle until 1932 when retreatment of old mill tailings began. Between 1932 and 1940, an additional $781,500 in gold was recovered. Total production of the Delamar district through 1950 is $14,983,700 in gold, silver, and minor lead and copper. Delamar’ s gold production has always been emphasized at the expense of its silver output. The district is, however, a silver-gold district as the average ratio of gold to silver has been about 1:3 (Callaghan, 1937, p.47) .

Geology

The Delamar district is largely within an outcrop area of Cambrian sediments which form the western flank of a lobe of the large Caliente caldera complex. Within the caldron complex to the east, rocks are mainly thick sequences of ash flow tuffs and rhyolitic flows. The western, resurged (Ekren, et. al., 1977) lobe of the caldron lies just to the north of the productive part of the Delamar district, and the major mines are within an arc of altered rocks which generally parallel the caldron margin.

The Cambrian rocks at the Delamar consist mainly of a thick section of Prospect Mountain Quartzite capped to the north, east, and southeast by Chisholm Shale, Lyndon Limestone, Pioche Shale, and limestone of the Highland Peak Formation.
All of the major mines of the district are in Prospect Mountain Quartzite, but a few prospects are in the shale or limestone units and one property, the Easter or Taylor mine, is within the tuff sequence east of Delamar, within the resurged caldron . Within the mine area, and apparently associated with the ore deposits, several sets of rhyolite dikes have been described which cut the Cambrian section. Callaghan, 1937, p. 27, describes three separate sets of dikes which extend in a general east-west direction through the district. Some of the dikes are described as pre-mineral, some are thought to be post-mineral. The trend of the dikes (NBMG Bull. 73, p. 137, Fig. 23) closely parallels the general trend of the caldron margin to the immediate north, and the association of the caldron margin, dikes, and the Delamar silver-gold deposits points to a common origin for all of these features.
ORE DEPOSITS

The detailed relationships of the ore deposits at Delamar are very well described by Callaghan in this 1937 NBMG Bulletin on the geology of the district. Callaghan describes four types of epithermal gold deposits at Delamar; quartzite breccia ore, cherty quartz ore, bedded quartzite ore, and volcanic breccia ore. Cemented quartzite breccia ore accounted for most of the production in the main deposit of the district, the Delamar mine. Cherty quartz ore was mined in the April Fool, Jumbo, Hog Pen mines, and the Magnolia mine ore was volcanic breccia. Bedded quartzite ore apparently occurred in quartzite wall rock in areas within the mines, but was not extensive. The three main types of ore have many common features which include brecciation, cementation of breccias by comb quartz, silicification of wall rocks, the presence of free gold, and low base metal content. Ad ularia is reported present at the Magnolia mine, and barite is reported from the April Fool and Jumbo deposits.

The Magnolia volcanic breccia ore contains abundant manganese oxides while breccia fragments and vugs at the Apri.l Fool mine to the south contain coatings of crystalline jarosite.

Perhaps the most interesting relationship noted within the the Delamar district is the close association of the various rhyolite dikes with the productive mines. The Magnolia mine was developed along a vein in volcanic breccia associated with a rhyolite dike. The ore chutes at the Delamar mine appear to have been located along the margins of a large, altered rhyolitic dike. In this dike rock phenocrysts of resorbed quartz occur in a fine-grained groundmass along with crystals of altered sanidine and plagioclase.

References:

District Overview:

District Aliases Dalamar, Ferguson
Discovered/ Organized 1891
Noted Commodities Gold, Silver

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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.