marshall-sold

Historic Marshall Mines – 20 acre Lode Mining Claim for Sale – Creede, Colorado

$2,500.00

The Marshall Mine has a brief but interesting history as a gold and silver mine during the Creede Gold Rush. From 1890 to roughly 1920 the clay and slough was nothing but a nuisance and a hinderance in punching through into the hard rock. There was no significant gold or silver reported from the mine, but it either was producing or had some really dumb investors. When the mine was abandoned in the early 1920s, it left buildings and the current ore bin. In 1928, the mine was purchased and re-opened as a clay mine. The bentonite was reportedly more dense than most and worked well as filters for vegetable oils and the like. 

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Historic Marshall Mine and Camp Overview


20 Acre Lode Claim – Creede District – Mineral County, Colorado

Gold Rush Expeditions, Inc. is proud to present the Historic Marshall 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 Creede, Colorado 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 Marshall Mine has a brief but interesting history as a gold and silver mine during the Creede Gold Rush. From 1890 to roughly 1920 the clay and slough was nothing but a nuisance and a hinderance in punching through into the hard rock. There was no significant gold or silver reported from the mine, but it either was producing or had some really dumb investors. When the mine was abandoned in the early 1920s, it left buildings and the current ore bin. In 1928, the mine was purchased and re-opened as a clay mine. The bentonite was reportedly more dense than most and worked well as filters for vegetable oils and the like. 

The infrastructure that was in place in the 1920s was utilized again for the Bentonite Mine. It is assumed that it was likely modified slightly for the clay based products. Ore cars, track and rail likely contained similar weights and were basically interchangeable.

There were no reported profits from the Bentonite mining and by the end of WWII, the mine had closed. The old drifts and tunnels were reportedly closed up soon after. The bentonite material was not well suited for standing up to the winters and water of the area. The area was left as most of the rest of Colorado to rot and fade away. In 2011, the NPO known as Americorps rebuilt the old tipple building. It wasn’t built to spec or for usage. Simply just a facade to look pretty from the road. The structure is unusable and is only an aesthetic addition to the land. 

The value in the claim lies in the established value of the bentonite ore. This can be mined commercially at a great profit. Additionally the claim could be held until it is profitable to work the bentonite, or it is possible to dig back and re-open the old workings. See what minerals were actually being mined and what the potential value of those minerals might be.

History of the Mines

Constructed in 1928, the Clay Mine near Creede, Colorado was used to mine and mill refining oils, used during the Great Depression to make face powder and as an ingredient in salt water taffy. Miners were paid with shares in the mine, which were issued by the Corsair Mine Company. The mine became bankrupt after World War II. The Clay Mine is significant due the rarity of this type of mine in the area, as this region was normally mined for gold and silver. At the time of construction, two other buildings, including the remaining ore bin, existed as well. A rail system, track bed and trestles, carried ore from the mine to the bin. None of these earlier features remains except for the last trestle near the bin. The only remaining structure and subject of this effort, the ore bin, is of common post and beam type construction.[1]

 

The area where the portal was assumed to be.

 

Mine Details:

Access to the Mine Collapsed
Tailings Present Less than 5k tons.
Entrance Adit, collapsed.
Mine Cut Adit, hard rock after soft layer.
Depth / Length unknown
Minerals in the Mine Silver, Zinc, Gold, Bentonite
Foot Traffic in the Mine None
Last Worked 1944

 

 


 

Survey Notes

Aerial view of claim and boundaries.

Number of Mines one
Nearest city with amenities Creede
Access to the Claim Drive up old road or hike
Parking and Staging on the claim limited
Resources none
Structures on claim Ore tipple/Building
Relics on the claim Some old cans and bottles in the wash below.
Elevation

 


Reference:

  1. Clay Mine, Colorado – Historicorps

Top Pictures

A brief history from the interpretive sign off the claim.


Historic image of the claim, circa 1930s.


Bentonite clay.


Note zinc deposits on right side.


The tipple in its unrestored condition.


Dark mineralization, possible silver, in the bentonite.


Restored but nonfunctional building.


From a distance, note the size of the waste dumps.


Bentonite Clay.


Iron and feldspar in the ore.



The hillside behind the mine. There is a significant portal under that clay and dirt.


Restoration used wood instead of rail. 


Bentonite ore.


Another sample of the bentonite with layering.


Looking west from the claim.


Waste dump view. Note original wood below restored upper level.


Original frame and wood with some reinforcement.


The restored tipple.


Waste dumps below the structure.



Claim Rating

Total Workings

Historical Value

Accessibility and Location

Mineral Value

Resources


Weather

Weather data from nearby city – Creede, Colorado


Mining District Overview

Creede District Information

History:

The Rio Grande Valley provided access to the mining camps in the San Juan Mountains, including Silverton and Lake City. In 1883, the earliest discoveries in the Creede area took place at Sunnyside, a short distance west of present-day Creede. J. C. MacKenzie and H. M. Bennet located the Alpha claim. In 1884, James A. Wilson located the Bachelor claim, north of Creede. These discoveries met with little initial success. In 1889, Nicholas Creede and his partners located the Holy Moses claim along narrow East Willow Creek northeast of Creede. His additional discovery of the Solomon claim in 1890 formed the King Solomon District. The ore values at the Holy Moses Mine gained the interest and investment of Denver financier and industrialist David H. Moffat.

More major discoveries were made in 1891 along West Willow Creek, north of Creede. J. C. MacKenzie and W. V. McGilliard located the Commodore claim. Theodore Renniger and Julius Haas, discovered the Last Chance claim. Nicholas Creede staked the Amethyst claim next to the Last Chance. George K. Smith and S. D. Coffin located the New York claim, a southern extension of the Last Chance. These discoveries, along with the Bachelor claim were all along the fabulous Amethyst vein.

Creede experienced a mining boom and the population swelled to 15,000. Many miners came from other San Juan mining camps including Silverton, Telluride, and Ouray. The town, then known as “Jimtown,” expanded outside the narrow canyons to its present location then known as South Creede. The Denver and Rio Grande Railroad was extended west from Wagon Wheel Gap to Creede in late-1891. The old and new parts of town were incorporated as Creede in 1892. By the end of 1892, the District was at its peak and had produced ore valued at over $4.2 million. The Amethyst and Last Chance Mines were the most important producers.

As the depths of the mines increased so did the inflows of water. In the early 1890’s, Charles F. Nelson’s Nelson Tunnel Company drove a drainage and haulage adit toward Bachelor Mountain but failed to encounter workable ore. The Wooster Tunnel Company connected the Nelson Tunnel to the Amethyst Mine. The Amethyst, Last Chance, and New York Mines paid royalties to the tunnel company for ore haulage and drainage. The Wooster Tunnel was later extended, as the Humphreys Tunnel, to the Happy Thought and Park Regent Mines. A haulage track on the surface connected the portal of the Nelson-Wooster-Humphreys Tunnel to the Humphreys Mill which was built in 1902 at the narrow junction of East and West Willow Creek. The Commodore Mine developed its own drainage tunnel.

The repeal of the Sherman Silver Purchase Act, the Panic of 1893, and associated drop in the silver price caused most mines to close and the population of Creede to decline. In the years that followed, mining had its ups and downs as the silver price fluctuated. In 1930 all mining ceased. In 1934, the mines reopened when the government pegged the price of silver. The Emperius Mining Company and Creede Mines controlled the district. In the 1950’s, the U. S. Geological Survey announced the potential of the Bulldog Mountain Fault as a mineralized vein system. In 1960, Manning Cox and Fred Baker staked claims along the projection of the fault. The Homestake Mining Company optioned the Bulldog Mountain properties in 1963 and began an extensive exploration program. Homestake’s Bulldog Mill began production in 1969. Other companies did exploration in the Creede District in the 1970’s but did not develop any additional production. The Homestake’s Bulldog Mine closed in 1985 due to very low metal prices.

The Creede District has produced nearly 5 million tons of ore yielding over 84 million ounces of silver plus substantial amounts of lead, zinc, copper, and gold. In recent years, a number of environmental restoration projects have been completed by the EPA, State of Colorado, and the Willow Creede Reclamation Committee. Fortunately, these efforts have preserved as many of the historical mining buildings and other features as possible. The rise in the price of silver in late 2000’s has once again made Creede a target for mineral exploration.[1]

Geology:

The bedrock exposed in the area shown on the map of Creede and vicinity and for a number of miles in all directions is made up entirely of Tertiary volcanic rocks and is a part of the great volcanic field of the San Juan Mountains. Lava flows form the greater part of the material, but there are a number of tuff and breccia deposits and a few small intrusive bodies. Although the rocks show little variety and with the exception of a single andesite formation are all classified as rhyolites and quartz latites, they belong to four distinct periods of eruption and are separated by very irregular surfaces of erosion. Furthermore, the rocks of each eruptive series consist of a number of subdivisions which are in turn commonly separated by irregular erosional surfaces.

In the course of the general survey of the San Juan Mountains, which has been in progress for some years, under the direction of Whitman Cross, the volcanic rocks have been studied and mapped over nearly the whole of the mountains, including the San Cristobal and Creede quadrangles. The lavas and associated lake beds and other clastic deposits of the Creede area, though in part local in extent and character, form a normal portion of the great San Juan sequence, and the two lower groups of eruptive rocks, here called Alboroto group and Piedra group, correspond to parts of the Potosi volcanic series. The lower part of the lower (Alboroto) group, including the Outlet Tunnel quartz latite, the Willow Creek rhyolite, and the Campbell Mountain rhyolite, differs somewhat from the normal rocks at this horizon, and as these rocks are not known at any great distance from Creede they probably represent a group of local flows.

The relations of the formations in the Creede district to those of neighboring areas on which reports have already been published are shown in the accompanying table.[2]

References:

  1. Creede Colorado Mines Tours
  2. Geology and Ore Deposits of the Creede District, Colorado. 1923.

District Overview:

District Aliases N/A
Discovered/ Organized 1883
Noted Commodities Gold, Silver, Copper, Zinc, Lead
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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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