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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.
In 1900, the company purchased certain patented mining claims from the Arizona pioneer, Martin Costello. Testing work was done, and a decision was made to move forward with mining operations. To raise money for the endeavor, a public company known as the Calumet and Arizona Mining Company was decided to form. [2] [3]
A patented mining claim is one for which the federal government has passed its title to the claimant, making it private land. [13] A contiguous package of 850 unpatented lode mining claims with an aggregate area of approximately 12,000 acres (4,900 ha) surrounds the core of patented claims.
A patented claim is one for which the federal government has issued a patent (deed). To obtain a patent, the owner of a mining claim must prove to the federal government that the claim contains locatable minerals that can be extracted at a profit. A patented claim can be used for any purpose desired by the owner, just like any other real estate.
Kyle Kimmerle, whose family owns more than 100 uranium mining claims in Utah, said he won't be rushing out for new land. "The current price of uranium is not likely to warrant any new claiming ...
The owner of a patented claim can put it to any legal use. The process of patenting claims has been perhaps the most controversial part of the mining law. Because of a Congress-imposed moratorium, the federal government has not accepted any new applications for mining claim patents since October 1, 1994. [26]
The Boundary Red Mountain Mine of Whatcom County, Washington, United States, consists of six patented lode claims survey in 1902 and patented under patent number 39545. The gold mine was discovered in 1898 and its last production year was 1946. [ 1 ]
Most mining in the area, mostly of silver chloride ores, had finished by 1874. [6] Groom Mine continued to operate, finally ceasing operations in 1954. [ 7 ] By 1956, official recordings of products of the Groom Mining District, which includes Groom Mine, shows that lead was the bulk of minerals harvested, which also included 145,000 troy ...