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Gold mining is one of the most common uses for the staking of mining claims. In Alaska, state mining claims may be up to 160 acres (0.65 km 2), and there is no distinction between lode or placer claims. The boundaries of the claim must follow the 4 cardinal directions, with an exception being adjustments for existing valid claims.
A mining claim is the claim of the right to extract minerals from a tract of public land. In the United States, the practice began with the California gold rush of 1849. In the absence of organized government, the miners in each new mining camp made up their own rules, and to a large extent adopted Mexican mining law.
Mining claim posted: NO Prospecting, Panning, Sluicing ... South Yuba River, California 2011 photo. A mining claim is the right to explore for and extract minerals from a tract of land. [19] Claim staking is the required procedure of marking the boundaries of the mining claim, typically with wooden posts or substantial piles of rocks. [20]
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Mineral rights are property rights to exploit an area for the minerals it harbors. Mineral rights can be separate from property ownership (see Split estate).Mineral rights can refer to sedentary minerals that do not move below the Earth's surface or fluid minerals such as oil or natural gas. [1]
In some areas a prospector must also stake a claim, meaning they must erect posts with the appropriate placards on all four corners of a desired land they wish to prospect and register this claim before they may take samples. In other areas publicly held lands are open to prospecting without staking a mining claim. [2] [citation needed]
The El Dorado Gold Mine began as a placer mining claim operated by the "Swede Brothers" of Fairbanks in the early 1900s. As records of the era were spotty and often poorly kept, the mine's exact ownership history for much of the first half of the century is unclear, though it is known that the mine changed hands several times.
Gold mining began at the site in 1936, but the rare earth deposits were not discovered until 1949 when prospectors in search of uranium noticed anomalously high radioactivity. [9] [3] Molybdenum Corporation of America bought most [10] of the mining claims, and began small-scale production in 1952. Mountain Pass mine, mill, shop & offices in 2010