Saturday, November 27, 2010

What to Do When You're Interested in Buying a Mining Claim or a Gold Mine For Sale

With gold prices at record highs many people are buying gold mines and mining claims at a record pace. If this is something you are interested in, there are a few things you must consider.

First decide whether you want to buy a patented or non-patented mining claim. A patented claim gives you full access to the land, while a non-patented claim gives you access to mine while the government still controls the surface rights.

The next item of business is to research the area that you want to prospect. You can obtain maps from the Bureau of Land Management. Since gold is most likely to be found where it has been found before, look for that. Google search the area to find out if any gold has been mined there in the past.

Once you have found an area that you want to purchase a mine in, begin your search for a quality gold mine for sale. When doing so, make sure to buy from a reputable company. Make sure you are thorough on this step. Find out how long the owner has been in business, how long they have owned the claim, and what work has been done on the claim thus far.

After you have chosen the mining claim you want to purchase, be sure to inspect it thoroughly. Make a visit to the mine. Make sure it is easily accessible and workable. Also make sure that the water rights come with the claim or that they can be obtained.

Once you have finished all these steps, you are ready to mine! Have fun!

If you are interested in a gold mine or mining claim in Northern California, check out

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