Delamar-sold

Historic Delamar Gold Mine – 20 acre Lode Mining Claim for Sale – Pioche, Nevada

$16,000.00

The Delamar claim is a remote gem of a site located in the low hills, just north of the ghost town of Delamar. The mine is series of cuts on a wide band of dark gold, molybdenum and silver ores. The ore body is so large that an open stope has been developed following the ores. The ore are a combination of Chalcopyrite, Chrysocolla, Covellite, Galena, Malachite, Tetrahedrite. This is an epithermal vein in the Comstock model. In layman’s terms, that means the gold and minerals were pushed up from heat and then layed out in large, flat deposits. Comstock models. These are banded veins with voids and spaces usually filled with gold and silver minerals.

Product Description

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Historic Delamar Gold Mine and Camp

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

Aerial view of claim and boundaries.

Delamar_GoogleEarth


Overview of the Claim


Gold Rush Expeditions, Inc. is proud to present the Historic Delamar 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 Pioche, 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.

The Delamar claim is a remote gem of a site located in the low hills, just north of the ghost town of Delamar. The mine is series of cuts on a wide band of dark gold, molybdenum and silver ores. The ore body is large enough in size, that an open stope has been developed following the ores. The ores are a combination of Chalcopyrite, Chrysocolla, Covellite, Galena, Malachite, Tetrahedrite. This is an epithermal vein in the Comstock model. In layman’s terms, that means the gold and minerals were pushed up from heat and then laid out in large, flat deposits. Comstock models. These are banded veins with voids and spaces usually filled with gold and silver minerals.

The claim encompasses all of the workings of the Delamar, including a large load out that is staged with some high grade gold and silver with quartz. There is a vintage old cabin/house on the claim that likely dates back to the original Delamar days but it has been added to and modified over the years. Today it sits as shelter from the Nevada heat, but not much else. The claim also sits across an ancient wash that originates farther up in the hills.

There is a large decline shaft, and a short adit along with many prospects on the claim. The significance being that the ores noted above are chased throughout the claim, giving good indicators that there is likely good gold and metal deposits in the wash where the heavy metals have broken off and settled.

Access to the claim is simple and can be made with any 4WD vehicle. The trails are smooth and present no real challenges. There is nearly unlimited staging on the claim and you can park as many or as few vehicles are needed while supporting your claim.

This mine has a good history and was surveyed by the USGS in 1983, they noted the substantial gold and silver values. They also noted some excellent copper values. This is a remote site and would serve a small scale miner well. The site should be worked under casual use guidelines while recovering gold and silver values. The mine could expand to be a commercial venture granted the veins and mineralization continues.

Reference:

NBMG Sample 1741, 1983,  La Pointe, D.D. (Tingley, J.V.); Gold Rush Expeditions, Inc. on site Survey, 2016



Claim Rating

Total Workings

Total workings are estimated to be less than 1000′ total. A short shaft intersects with a drift level of 400-500′ There is also open stoping and a small adit.

Historical Value

There is little actual history on the claim and its origins. It is significant enough for there to be multiple entries about the mine itself in the NBMG.

Accessibility and Location

Location is excellent in the very historic and well documented Delamar District. Access is very direct and simple and can be navigated with most any 4WD.

Mineral Value

Mineral Value is in Comstock model ores containing Gold, Silver and Molybdenum

Resources

There are no resources with the exception of the old house that will provide shade and some shelter from elements.


Quick Overview of the Claim

Number of Mines 2 main mines
Nearest city with amenities Pioche, Nevada, 55 Miles
Access to the Claim Direct Drive up with 4WD
Parking and Staging on the claim Extensive
Resources Only an old house for shade and some limited shelter
Structures on claim Old house.
Relics on the claim Tobacco tins, blasting cap tins, glass.
Elevation 5700 FT

Weather

Weather data from nearby city – Pioche, Nevada


The Mines

Overview of the Mines

The Delamar consists of 3 main workings. The first is a decline shaft that is cut directly on the ore vein. This shaft runs down roughly 50-60′ to where it opens up to a drift level where the ores have been examined and some work done from below the ore body. There is good visible gold in the drift as well as milky white quartz with some pyrites in small pockets. The second working is a wide, open stope that follows along the upper edge of the ore body. The stope is roughly 12′ deep and runs for 30-35′ on the surface. Exposed by this are gold and copper ores with very little quartz. Finally the 3rd working is a short adit that is northwest of the main mine. This adit is a cut into host rock chasing what looks to have been a quartz deposit. The adit is short at less than 50′ with no real values exposed or noted.

DSC02320

NVLIN10128 (Decline) Entrance

Mine Details:

Access to the Mine Open, utilize rope or safety harness.
Tailings Present Yes, less than 10000 tons at the main working
Entrance Hard rock shafts with timber collars.
Mine Cut Declines and adits.
Depth / Length 60′ depth, less than 1000′ of total workings combined.
Minerals in the Mine Gold, Silver, Molybdenum
Foot Traffic in the Mine None
Last Worked 1930s commercially. Some picking evident in the mine with survey work.

Surveyor's Observations

An old mine. Good obvious values in gold showing right off. A good decline cut in hard rock and quartz shows good values in gold and some silver. Load out above decline has 4-500 tons of high grade gold ore waiting to be shipped. Excellent opportunity for small miner to recover and extract free-milling gold from ores.


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:

Gold Rush Expeditions, Inc. 2016 – NMC-1120980

Commodities:

  • Gold – Primary
  • Silver – Primary
  • Copper – Primary
  • Lead – Primary
  • Molybdenum – Tertiary

Comments on Mine/Production

NO ACTIVITY AT TIME OF EXAMINATION IN SEPT., 1983, BUT SOME FAIRLY RECENT SURFACE EXPLORATION (ASSESSMENT WORK?) ON SLOPE NW OF SHAFT NEAR PROSPECTS. SAMPLE 1741 CONTAINS 2% FE, 50 PPM MN, 100 PPM AG, 200 PPM BA, 500 PPM BI, 1500 PPM CU, 700 PPM MO, 2000 PPM PB, 700 PPM SB, 200 PPM SN, 300 PPM ZN. Gold Values not disclosed.

Geological Information

QUARTZITE STRIKES N55W, DIP 25 NE. BEDDING AND FRACTURE SURFACES ARE COATED BY FE AND MN OXIDES AND QUARTZ CRYSTALS, FRACTURES GENERALLY OCCUR AT A HIGH ANGLE TO BEDDING. SOME BEDDING SURFACES SHOW SLICKENSIDES. SHALE OUTCROPS TO SOUTH. MINERALIZED SHEAR ZONE FOLLOWED BY STOPE FOR 50 FT. SHEAR SURFACE IS WELL-DEFINED AND COATED BY ABUNDANT FE AND MN OXIDES. FRACTURE SETS ARE ALIGNED PARALLEL TO MAIN SHEAR, AND ALL PARALLEL A WELL-DEVELOPED JOINT SET IN THE HOST, INDICATING THAT FRACTURING PROBABLY PROVIDED A PRE-MINERAL ZONE OF WEAKNESS. DUMPROCK CONSISTS OF ALTERED AND MINERALIZED QUARTZITE, AND LESS ABUNDANT MASSIVE TO CRYSTALLINE WHITE QUARTZ VEIN MATERIAL WITH LARGE VUGS FILLED WITH PRISMATIC QUARTZ. CLOTS AND IRREGULAR LENSES OF PYRITE, CHALCOPYRITE, COVELLITE AND POSSIBLY GALENA AND TETRAHEDRITE OCCUR IN THE QUARTZITE WHICH ALSO SHOWS BOXWORKS AND FE AND MN STAINS. SULFIDES ARE FRESH INTERNALLY, BUT OXIDIZED NEAR THE WEATHERED SURFACE OF THE ROCKS. MALACHITE AND CHRYSOCOLLA ARE ABUNDANT ON SOME SAMPLES. YELLOW AND GREEN OXIDES COAT ROCKS ALSO.

References:

USGS Mineral Resources Data System MRDS M241669


Claim Photos

The old homestead on the Delamar.


The main workings of the Delamar.


Aforementioned load out, stacked with good ore.


Substantial tailings, and they sit in a wash, so a lot has been washed away.


Easy road access, even with 2WD.


Ores stacked and ready for shipping.


The top of the shaft. It looks uglier than it is.


Gold and silver ores on quartz as defined in the geological reports. Crush this and pan it.


Old headframe over the decline.


An interesting build up.


Evidence of assay work being done on site.


A good chunk of ore to break down and pan out.


Mine is cut directly on the fault in the quartz.


Decline with the open trench in the background.


Views for miles from the claim.


Ores stacked for shipping, and an old beer can.


Looking down at the decline and some stoping.


Drift level of the decline.


Cut on a nice body of gold and quartz.


Overview of the main workings.


Short adit on the claim.


Mining District Overview

Delamar District Information


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, fanners 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 d 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 caldron 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) Delamar 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 April Fool mine to the south contain coatings of crystalline jarosite.

Perhaps the most interesting relationship noted within 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 sanadine and plagioclase.

References:

District Overview:

District Aliases Ferguson, Gold City
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.

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