How to buy an Unpatented Gold Mine Real Estate Placer
Car Amplifiers April 30th, 2008
How to buy an Unpatented Gold Mine
without loosing your shirt
Many people are interested in purchasing a Unpatented gold mine. This is a great way to inexpensively purchase gold locked in the earths vault. My purpose in writing this guide is to help you not get scalped by the people who do business in this arena.
If you will follow these simple guidelines you will be assured of a valid purchase of a possibly gold bearing property. Only possibly because you or I cannot actually prove that the persons that are selling the claim have actually visited the property and sampled it with good result!
Here are the 3 keys for proof
1. A number issued by the Bureau of Land Management for Oregon it would be ORMC123456 with the serial number following the letters. California CAMC123456 etc. You should find this number on the Notice of Location filed by the Locator of the mining claim
2. Also on the Notice of Location should be a time date stamped from the BLM documenting their reception of this document.
3. PLUS on the same document if properly filed in Oregon on Oregon Mines, you will find the County recording stamp either at the top or the bottom of the Notice of Location. Oregon Law requires the Locator to file for recordation, first with the county within 30 days of locating the mining claim then within 90 days with the BLM.
I show these in my pictures area when I sell a mine. I want my customers to know I am Legitimate. When there is any question you can call the BLM office in the state the claim is located in and check on the Claim Number or the Locators Name.
Another thing is whether the claim has been adjudicated or not.
Many people that are staking the mining claims and quickly selling them are leaving the purchasers high and dry because they havent waited to have their claims adjudicated by the paralegals at the BLM office. Adjudication is what the paralegals do to see if the claim is located in open territory. Like, not in a wilderness zone or staking over land owned by the government.
Once I staked a claim of 160 acres over what I thought was open territory. I found out after adjudication that 20 acres of what I had staked was a Recreational Mining Area. The BLM sent me a letter saying my Mining Claim was decreased by 20 acres but the rest of the claim was ok.
One guy has staked a 160 acre claim only to find that two non adjacent quarters were unstakable. Which ment that the buyer of that claim would have to choose between one of the other two 40 acre parcels, because they became the owner of the claim prior to the adjuducation. Now they only own 40 acres instead of 160 acres. These facts are true and not ment to malign, only to be an example of what not to do.
This is one he is selling now Dec 29 2007 and doesn’t supply any of the 3 keys of proof. These three proofs are only seen in a scan of the original document. Put 162258 or 110208309151 into the search bar and check the box “Search title and description”. Check it out!
I have taught myself to read not only the Master Title Plat Maps but also the Mineral Title Plat Maps. There are distinct differences.
I am more assured than most in my Mining Claims passing the adjudication process. I have learned in the school of hard knocks.
Requiring proof in the form of scanned original documents will keep you from loosing your shirt. If the property has been legally filed on, you will find all three elements. You may get them stamped on a couple of different papers. You just need to be reassured that they are all there on your future documents
Dan Calebhearted
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