How to Buy a Mining Claim

Investing in minerals and mines can be a very lucrative business. But buying a mining claim is a tricky thing and there are some key steps that need to be taken for the process to run smoothly.



ORIGIN: The first thing you need to do is determine the origin of the mining claim that you want to buy. It could be private property, it could be public property, or it could be government-owned. The Bureau of Land Management, a federal agency, is responsible for originating claims. There can potentially be other state or federal agencies that you need to contact.



VERIFICATION:  The next step is to verify the name and number of the mining claim you are interested in with the corresponding state or federal agency. The purpose of this is to find out if it is an authentic mining claim. You should also try to obtain a copy of the claim certificate from the seller.

MAINTENANCE AND REGULATIONS:  Mining claims typically require an annual maintenance fee to the agency that originated the claim. Some states require other fees so be sure to check for those.

When considering the purchase of a mining claim, the process can seem daunting. But the rewards can be great. There are also some companies that take the hassle out of the process. One such company is MineralstarMining.com. They specialize in mines in the Northern California area and they are one of the best.