AZ Gold Mining Claim by Wickenburg & the Vulture Mine

A Great investment!
Commodity prices are climbing with gold and other precious metals - all climbing much faster than they have in years.

In 1863 gold was discovered in Arizona. Thousands raced across the continent to stake claims on the lands. There was silver in Nevada, gold in the Dakotas, lead in Colorado. The problem was that most of these mineral finds were happening on Federal lands. There was no uniform procedure for the transfer of property from the United States government to private hands so the miners developed their own laws and customs for claiming mineral rights.

To rectify this untenable situation, Congress passed the Mining Law of 1872. The Mining Law of 1872 grants both citizens and companies the right to explore for hardrock minerals and establish rights to federal lands without authorization from any government agency. This standard of free access is the basis of the Mining Law, which remains the law of the land today.

There are two types of mineral claims open to prospectors: lode claims and placer claims. A lode claim is the classic vein of valuable mineral in a defined boundary of rock. Placer claims are all claims not confined in a lode such as loose sand or gravel.

Once a mining claim has been approved the claimant gains the right to develop and extract minerals. No other use of the land is permissible. In the pursuit of minerals the claimant can construct fences, build houses for full-time employees, and use as much timber as is necessary for the mining operation.

Mining claims are considered real property and as such can be bought, sold, transferred, leased, rented, willed or inherited.

If you do not understand what an unpatented mining claim is ask before you bid. If you have no feedback or you are new to ebay then you must email me your contact information first just so I know you are real and fully understand.

Payment due within 3 days of auctions end by Check, MO, or Credit Cards. NO PAYPAL!

Good Luck.