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Mining Claim Corner, Blue Ribbon Mine, Alaska. A placer claim is a mining claim on gravel or ground from which minerals are extracted using water. [1] In the United States, the valuable mineral in a placer claim is almost always gold, although other nations mine placer deposits of platinum, tin, and diamonds.
Placer gold was found in Tarryall, Fairplay, Alma, Breckenridge, and Leadville. [10] A notable amount came from the beds of the South Platte River. [11] Many placer claims existed to the south and west of Alma. [10] The mining town of Montgomery in Hoosier Pass had another small placer gold operation in 1911. [10]
Gold pans and shovels are commonly allowed, but sluice boxes and suction dredges may be prohibited in some areas. [12] [13] There are public mining areas in many states, and prospecting may allow one to stake a gold placer claim or other type of mining claim in certain areas. Some public lands have been set aside for recreational gold panning.
The presence of cobble-size quartz with sulfide boxwork and coarse gold suggest that the placer gold is primary, originating from bedrock sources. Historical production figures from Ganes Creek are in excess of 250,000 oz. gold; an additional estimated resource of 736,000 oz. of placer gold exists on patented claims. [53]
Plate depicting placer mining from the 1556 book De re metallica. Placers supplied most of the gold for a large part of the ancient world. Hydraulic mining methods such as hushing were used widely by the Romans across their empire, but especially in the gold fields of northern Spain after its conquest by Augustus in 25 BC.
South American Gold Updates the GB Mining Claim Group and Lucky Boy Silver Prospect RICHMOND, Ind.--(BUSINESS WIRE)-- South American Gold Corp. (OTC QB: SAGD) is pleased to provide an update on ...
The Nome mining district, also known as the Cape Nome mining district, is a gold mining district in the U.S. state of Alaska.It was discovered in 1898 when Erik Lindblom, Jafet Lindeberg and John Brynteson, the "Three Lucky Swedes", found placer gold deposits on Anvil Creek and on the Snake River few miles from the future site of Nome.
The reminder of the placer-claim, or any placer-claim not embracing any vein or lode claim, shall be paid for at the rate of two dollars and fifty cents per acre, together with all costs of proceedings;. [15] [unreliable source?] It set the price of the land claim to range $2.50 to $5.00 per acre. This price set by law has remained the same ...