flag-sold

Historic Flag Gold Mine AMC439949 – 20 acre Lode Mining Claim for Sale – Kingman, Arizona

$80,000.00

The mine has a well documented history of gold production and inferred reserves. It was mapped and assessed as late as 1985 and reported to have potential for development of gold deposits. Historic accounts noted just under 5 ounces per ton in gold with 2-3 ounces of silver. This was a consistent value and produced an estimated $400,000.00 prior to being shut down in 1941 by the war act.

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Historic Flag Gold Mine and Camp Overview

AMC439949


20 Acre Lode Claim – Maynard District – Mohave County, Arizona

Gold Rush Expeditions, Inc. is proud to present the Historic Flag 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 Pine Lake, Arizona 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 American Flag mines, also know as the Flag mines or the “66” mines, are located high in the Hualapai Mountains near the resort town of Pine Lake. about 16 miles southeast of Kingman, Arizona. The mine has a well documented history of gold production and inferred reserves. It was mapped and assessed as late as 1985 and reported to have potential for development of gold deposits. Historic accounts noted just under 5 ounces per ton in gold with 2-3 ounces of silver. This was a consistent value and produced an estimated $400,000.00 prior to being shut down in 1941 by the war act.

The road winds up out of a small community and up into the canyon on “Flag Mine Road”. Again, the road is maintained and boasts amazing overlooks of the valley below. This road runs right through the center of the claim and provides unparalleled access. The mines sit 6,800 feet above sea level. The road leading up to the claim is accessible by 2WD vehicle and is maintained, some steep sections but nothing that would prevent a 2WD from accessing the site. Once on the claim, there are excellent turnouts on each side of the road. The “mine” side of the road has a wide turn out that runs up the canyon. It also provides “drive up” access to the main portal of the mine. The opposite side of the road has another large turnout for a few vehicles. It also has a faint trail that leads down into the gulch below the mine. This trail winds down into the old mine camp for the Flag mine. Many, many stone foundations and remnants of mining times gone past are scattered throughout the trees and the river bed. The American Flag claim was a large camp, with up to 15 people working at a single time. It stretched down the wash showing history of processing on site including part of a crusher foundation.

It is possible to park 4-5 full size vehicles on the northern side of the road, in a nice, sheltered gulch. On the southern side of the road you can park 3-4 trucks and there is a great path that leads down into the gulch and around the old foundations. Staging is ideal here, it’s possible to pull a vehicle almost right up to the mine entrance, within 20 feet.

Abundant resources include pine trees and all the water you can use, from inside the mine. Ideal for crushing and washing out your gold. Broken glass and old cans can be found all around the site. The claim includes one adit with an open gate, and one shaft and an adit that have both been backfilled. All of these entrances appear to intercept the main mine workings, the primary entrance does offer access to all of the workings in the mine.

An old concrete footing is found just across the road from the mine. Likely used for a crusher and possibly a winch system. The USGS lists gold and silver as the primary commodities of importance and zinc as secondary.

History of the Mines

The American Flag mine was discovered in 1874 by W. M. Shoulters, who is said to have sold it, after working it a short time, to John Pemberthy, William Richard, John Corin, and Joe Prisk for $25,000. These men developed it principally by adit drifts. The water level is said to lie at about 700 feet below the surface. The mine was owned by a company of which John Pemberthy and H. H. Watkins, of Kingman, were members.

The country rock is granite. The main vein is from 1 to 4 feet in width, and the gold ore shoot is said to be relatively large. The ore contains principally antimonial silver, with gold, and a little zinc. Much of it is rich. The production is reported to be about $400,000, sold from the mine, in ore that averaged more than $100 a ton ($100 in 1909 adjusted for inflation equals $2,517). For 21 tons of the ore from the lower part of the mine shipped to Swansea, Wales, a net return of $11,500 is said to have been received. (Schrader 1909)

An 1882 report of the Production of the Precious Metals in the United States recorded the following, “Among the best developed mines of this locality is the American Flag, which has a 2-foot vein of silver ore, which gives an average assay of $100 to the ton. It has been opened by shafts and drifts to the extent of 2,000 feet or more, and has produced a large amount of the richest ore ever mined in the county, most of which was sent to San Francisco for reduction.” (Folger p. 255)

An 1877 report states “The American Flag Mine, silver and gold bearing, owned by Mr. Shoulters, has been fully opened, and is very rich. Fifty tons of ore worked in the Mineral Park Mill, gave a product of from $300 to over $1,000 per ton in refined gold and silver bullion.” (Hodge p.74)

Recently we explored 880′ of workings on the main mine, with no end in site. The mine is full of water. This is easily passable with waders, but has done well to keep most everyone else out. We also noted a lot of bats in the mine. The mine is gated, but the gate had been compromised previous to our visit. The adit stretches back for 780+ feet with a drift that has been backfilled 100 feet in. Historic documents note 2,000+ feet of workings.

The second mine is located up above the main mine. This shaft has been backfilled and the road that leads to it is in a state of disrepair. We had to hike a short distance to reach the shaft. We did note visible gold in the tailings. The road would have to be re-worked and the shaft excavated in order to utilize this access point. Inside the mine we were able to identify this shaft and the slough. The shaft is roughly 250′ long. It is not known if there are other drifts in this shaft.

The third mine on the site is also located above the main portal and has also been backfilled. It appears to have been an adit, and may intercept the shaft noted above. It would require a mini-excavator to reopen it. Again visible gold was found in the tailings as well.

As an interesting note, we identified the massive vein of ores at about 700 ft. It is indeed 3+ feet wide, and there is a lot of it left. It snakes around the spine of the mine and then appears to run up into the aforementioned shaft. There are small amounts of visible gold in the quartz veins that run below the primary silver lode.




Various historical maps of the Flag Mine.

Mine Portal circa 1980.

flag-17

Mine Portal in 2016

 

 

Mine Details:

Access to the Mine You can drive a 2 WD vehicle directly to the lowest adit on the claim. The other mine entrances
will require a hike.
Tailings Present 1001-9999 tons. Most of the tailings appear to have been removed from the site or overgrown.
Entrance All mines are cut into solid rock on the claim.
Mine Cut Adits and shafts
Depth / Length Documented 2000+ feet.
Minerals in the Mine Historically this claim was mined for gold. Saw some quartz and Mica near the mine entrances.
Foot Traffic in the Mine None
Last Worked Unknown, USGS reports claims held in the area until 1992.

 


 

 

Aerial view of claim and boundaries.

Number of Mines 1 open adit, 1 backfilled shaft and 1 backfilled adit.
Nearest city with amenities about 16 miles southeast of Kingman, Arizona.
Access to the Claim This claim is located on an easy well maintained 2WD dirt road.
Parking and Staging on the claim Limited parking and staging on the claim. You can fit 1-2 vehicles near the lowest adit.
Resources Water inside the mine, Wood from trees/timbers.
Structures on claim Foundations near upper workings.
Relics on the claim None
Elevation 6,800 Feet above sea level

 


Reference:

Schrader, F.C. (1909), Mineral deposits of the Cerbat Range, Black Mountains, and the Grand Wash Cliffs, Mohave County, Arizona: USGS Bull. 397: 140;
Hodge, Hiram C. Arizona as it is: or, The coming country. New York, Boston: Hurd and Houghton, H. O. Houghton and company (1877). P. 74;
Folger C.J. (1882) Report of the Director of the Mint Upon the Statistics of the Production of the Precious Metals in the United States. P. 255;

Top Pictures

Just inside the entrance on the tunnel level.


Working back into the mine .


Water is not deep, only a foot or so which is kept from draining by a blockage at the entrance.


Water and air pipes.


Wide and stable drift in competent rock.


A mucked in section.



Survey markers showing sample locations and ore bodies.


Slough as noted in the historical maps.


Excellent roads to the claim.


Minor modifications needed to allow gated access to claimants.


Aforementioned blockage at entrance of mine.


Old trails up to the shaft entrance.


Waste dumps on the hill.


Great parking on the waste dump.


Flecks of gold noted in waste dump material.


Waste dumps are quite large. 


Good gold ores seen in the dumps.


Up at the flat of the shaft.


Another shaft access point.


Looking out over the valley from the upper shaft entrance.



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
  • 1 point – Dilapidated/unusable structures/foundations
  • 2 points – Year Round Water Source
  • Total Resources Rating: 5

Weather

Weather data from nearby city – Kingman, Arizona


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 information

Type Owner
Owner American Flag Mining Co
Home office Arizona
Year 1920

Commodities:

  • Gold – Primary
  • Silver – Primary
  • Zinc – Secondary

Principal Minerals: Cerargyrite, Gold Associated Minerals: Galena, Sphalerite, Quartz Type of Operation: Underground: Adits, shaft, and drifts

Geological Information:

Reported $400,000 production averaging $100/ton (1909). 9 parts gold, 1 part silver. Value in today’s market would $5700-5900 per ton.

Fissure veins in Precambrian granite; strike northwesterly and steeply dipping; ore zone varies from 1 inch to 20 feet thick. “1 ” “The country rock is granite; the main vein is from 1 inch to four feet in width; and the ore shoot is said to be relatively large. The ore contains antimonial silver, some gold, and a little zinc.”2 “The veins occur along fault zones that strike north-northwest and dip 55 to 800 northeast. The host rock does not appear to be pervasively altered and mineralized except along the relatively narrow vein systems.

References:

USGS Database – 10186760

  1. ABM (1969) Bull. 180, p. 251-269.
  2. Schrader (1909), p. 140.
  3. Exploration Research Associates Inc., field reconnaissance, 23 July 1981
  4. Malach (1975), p. 15-17.

Mining District Overview

Maynard District Information

History:

The Maynard district is a large indefinite area in the Hualpai Mountains. The district is said to be easily reached from Kingman by a good road crossing the summit of the range via Wheeler Pass. Water can be derived from most of the mines, and pine timber suitable for mining purposes grows nearby. The first important discovery of mineral in the district was made about 1865 by a party of prospectors headed by John Moss. They located the mines known as the Pride of the Pines and the Florence, and named the district Wauba Yuma district. Soon after beginning operations they were driven from the mountains by the Hualpai Indians, then on the warpath, who continued hostile for several years following.

In 1871 Lieutenant Wheeler’s party, of the War Department, in making a reconnaissance in the Territory, camped on what is now known as Wheeler Wash, on the east side of the mountains. A large party of prospectors from San Francisco soon camped nearby, made locations, named the district the Maynard district after Lafayette Maynard, one of its pioneer members, and elected a recorder. The first location made was named the Wheeler lode. For a decade or more, beginning in the early seventies, the district furnished a livelihood to a considerable number of people, whose operations were confined to the rich surface ores in the oxidized zone.

An 1882 report from the Maynard District “The steamer Colorado, last week, took down quite a shipment of bullion and concentrations, valued at about $25,000. Many such shipments have been made from time to time from Mohave County, which have not been made public from the fact that no avenue has been open through which facts could be made known to the public. We are glad to chronicle the success of the mines of our section, and it will not be long before we will make a good showing in the production of bullion. With the advent of better facilities for transportation and the influx of capital, in place of shipping $20,000 to $25,000 per month we will be sending our product to the world by hundreds of thousands of dollars. We have the mines; all we need is the capital to develop them.” (Folger P. 254)

Geology:

The country rock is mainly pre-Cambrian red granite, said to be intruded by porphyry dikes. The zone of mineralization in which most of the deposits occur lies on the northern and eastern slopes of the mountain. In this zone the deposits are contained in strong and persistent fissure veins similar to those in the Cerbat Mountains. The width of the ore ranges front 1 inch to 3 feet. It contains principally horn silver and is usually rich, especially so where the green horn silver (bromyrite?) is present. Some of the deposits also contain copper. Among the most important of the veins are those of the American Flag, Enterprise, Orem Eastern group, and Siamese group. They are mostly situated in alignment with the principal system of the Cerbat veins, agree with them instrike, and are probably contemporaneous with them in age and of the same general origin. The production of the district is reported to be fairly large.

 

References:

Schrader, F.C. (1909), Mineral deposits of the Cerbat Range, Black Mountains, and the Grand Wash Cliffs, Mohave County, Arizona: USGS Bull. 397: 139; Folger C.J. (1882) Report of the Director of the Mint Upon the Statistics of the Production of the Precious Metals in the United States. P. 255;

District Overview:

District Aliases Antler
Discovered/ Organized 1869/ 1871
Noted Commodities Gold, silver, copper
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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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