CLAIM STAKING ON LANDS ADMINISTERED BY THE BUREAU OF LAND MANAGEMENT
Somewhere in the annals of history are the stories of pioneers lining up their horses and wagons at the starting point, waiting for the sound of the starting gun and then racing off to stake their homestead, each of them vying for a prime piece of the vast, newly-opened land in the west.
Today, the horses and wagons have been replaced by 4-wheel drive trucks in the field and paperwork at the courthouse, and it's mining claims being staked rather than homesteads, but there is no less of a land rush in progress.
As the nation’s largest land manager, the Bureau of Land Management, manages and controls, with exclusive jurisdiction, 262 million acres of public land and sub-surface mineral estate nationwide. The General Mining Law of May 10, 1872, as amended, opened the public lands of the United States to mineral acquisition by the location and maintenance of mining claims. This law sets general standards and guidelines for claiming the possessory right to a valuable mineral discovery. The General Mining Law allows for the enactment of State laws governing location and recording of mining claims that are consistent with Federal Law. The Federal regulations implementing the General Mining Law are found at Title 43 of the Code of Federal Regulations (CFR) in groups 3700 and 3800.
You may have seen advertisements that state you can get free land or low-cost land from the U.S. Government. THIS IS NOT TRUE. There is no free land and only occasionally does the BLM sell land, but only at fair market value as required by law. Owning your own possessory rights to a 20 acre Unpatented placer Gold Mining Claim will cost you very little money. Your Placer Gold Mining Claim, simply defined, is a tract of land having rectangular configuration consisting of not more than 20 acres, located by a claimant on Federal Public Domain Land, not previously withdrawn from such purposes by the U.S. Government, which gives the claimant the right to posses the claimed land, to the exclusion of all others, for the purpose of exploration, development and/or extraction of minerals. Your claim can be sold, transferred or inherited without infringing the paramount title to the United States and is considered real property in the fullest sense of that term. Each claim has been thoroughly researched such that no other claim to the mineral rights is valid.
A person who is a citizen of the United States may locate and hold a mining claim. A corporation organized under State law is considered a citizen and may locate and hold a mining claim. A corporation is held to the same standards as a citizen. Non-citizens are not permitted to own or have an interest in mining claims. There is no limit to the number or claims that you may hold as a qualified claimant, as long as the requirements of the General Mining Law have been met.
All claims are located in historical mining districts famous for the gold and mineral wealth that has been produced. Claims are generally prime acquisitions that contain excellent other amenities such as camping, hunting, fishing and drive-up access, while others are in remote, hard-to-get-to locations. These claims can be some of the richest for the small miner.
Placer claims are located by legal subdivision. The maximum size of a placer claim is 20 acres. As established by the U.S. Public Land Survey, a 20 acre mine claim is 1/32 of a square mile and comprises an area 660 ft. by 1320 ft. and is described as part of a section (1 sq. mile) in a certain township and range for a particular meridian. The maximum size of a placer claim for a corporation is also 20 acres per claim. As established by Section 314 FLPMA, as amended, your claim(s) must be recorded with the proper BLM State office, and recorder’s office in the county and state in which your claim(s) is located.
HOW IS YOUR CLAIM FILED? Our professional staff takes great care in the preparation of all Certificates of Location and other necessary documentation. A Location Certificate and Map will be sent to you, along with all supporting information with complete instructions on how and where to file your claim(s), including a list of fees for filing your mining documents with the proper BLM State office and county recorder’s office. You will also receive complete instructions for the required annual filings.
Your legal interest in a properly recorded mining claim may be conveyed in its entirety or in part. Generally, a quit claim deed or other type of recordable conveyance document must be filed with the proper county recorder’s office and BLM State office within 90 days after the transfer of ownership. There are only a limited number of Placer Gold Mining Claims available to the general public, and what value could these claims have in the future? A recent survey of unpatented mine claim sales show that the average price of a 20 acre claim is about $292.00 per acre. With all costs considered, you will be paying between $400.00 and $900.00 (depending on location) for document preparation, filing and recording for your 20 acre claim. You can see the obvious profit potential if your recorded claim sells for $3,000 to $5,000. That's right - a profit potential of up to 5 times your investment. It is important that you STAKE YOUR CLAIM TODAY!
“The ordinary paths to wealth are well-traveled, and hence returns are low in relation to risk.
For high gains the individual must seek out little known situations that are unfamiliar to the general public.”