loading
reading
writing
saving
searching
Mining Claim 4-Sale on 40 acre - $5,400 (Nevada County)
condition:
new
make / manufacturer:
Mining Claims
model name / number:
Mining Claim
size / dimensions:
40 acre
QR Code Link to This Post
40-Acre Placer Mining Claim on the South Yuba River in Nevada County (South Yuba Hang-Out)
This Claim is located right next to 1400ft of river to work and it has a big open meadow to camp on with a small RV and Tents next to the river. The road to get to the claim is paved. If you are interested, please contact me to get the directions to the claim.
____________________________________________________________________________________
LOCATION AND HISTORY://
The South Yuba River played a significant role in the California Gold Rush, with gold discoveries leading to rapid development and impacting the landscape. The river's gravels and ancient riverbeds contained rich placer gold deposits, attracting miners from around the world. Hydraulic mining, a notable but environmentally impactful technique, was employed along the river, leaving a lasting mark on the area
___________________________________________________________________________________
For Those Who May Not Be Familiar with What a Mining Claim Is; Read!! F.A.Q.
Mining claims are a tangible asset just like any other Real property (real estate) and show lifetime proof of all interests in minerals in the area specified by the above claim. Once you own this claim and the associated mineral rights, you will own them for life as long as you keep up with the annual fees. This claim can be bought, sold, leased or used as collateral, just like any other piece of real estate. A mining claim can be willed or passed down to future generations as part of a trust or your estate, or you can trade it, lease it out for a period or time (or indefinitely), gift it to a family member or friend and you can also transfer or sell just an interest in it in part or in its entirety just like any other real property using a quitclaim deed which is a recordable conveyance. In other words, you could sell a 25% or a 50% share in it if you wanted in order to bring on a partner in the future - or you could sell the entire claim in whole. In order to hold on to your claim for life, you will need to pay an annual maintenance fee to the Government (BLM, not us) every year. Currently, the maintenance fee is $165 per year per 20-acre claim that you own, and it is due on September 1st of every year. NOTE; If you own fewer than 10 claims nationwide you can file a Small Miners Waiver and you will only have to pay $15 per year for your maintenance fee instead of $165. We guarantee that all past fees have been paid in full and there are no outstanding debts or amounts owed on the claim prior to the transfer of ownership into your name. The federal government retains ownership of the land - you will not have to maintain liability insurance in case someone gets injured on your claim due to no fault of your own. ___________________________________________________________________________________
CAN YOU BUILD OR CAMP ON YOUR CLAIM?
Under federal law in order to occupy the public lands under the mining laws for MORE than 14 calendar days in any 90-day period, a claimant must be involved in certain activities that (a) are reasonably incident; (b) constitute substantially regular work; (c) are reasonably calculated to lead to the extraction and beneficiation of minerals; (d) involve an observable on-the-ground activity that can be verified; and (e) use appropriate equipment that is presently operable, subject to the need for reasonable assembly, maintenance, repair or fabrication of replacement parts. All five of these requirements must be met for occupancy to be permissible. Although it is possible to build a permanent structure on a mining claim, it is extremely expensive and you will have to jump through way too many hoops to consider it easy to do. It would have to be in support of a commercial, year-round mining operation for starters, and you would need to post a large reclamation bond to ensure that if you ever abandoned your claim, the bond would pay for the removal of the structure and the reclamation or the area. So in short, it is technically possible to build on your mining claim, but just be aware that it is very difficult and expensive to do. You are allowed to Stay in an RV, Camp trailer or Anything not considered a Permanent Structure.
HOW TO TRANSFER OWNERSHIP OF:
Mining Claims work if I decide to sell my claim in the future? A quitclaim deed or recordable conveyance document is required and if you do sell or Transfer your claim someday the transfer documents should be filed within 60 days after the transfer At both the BLM and the County it was recorded in. Should you need help with selling your claim at a future date you can contact me and I will walk you through the process. I am experienced in mining claim transfers and will transfer the title to the buyer by recording a Quitclaim Deed with the BLM and the County. I will pay all recording fees for one person on Deed. If you would like additional persons on The Deed it will be an additional $15 per Person. Feel free to contact me with any questions. Bryn
Gold claims / Gold mining claims / Mining claims / Claim gold / Quartz / Minerals / Mining tools / Mining equipment