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Thread: Reclamation bond

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  1. #1
    us
    Jan 2018
    Hudson co
    52
    111 times
    All Types Of Treasure Hunting

    Reclamation bond

    So I wanted to start a discussion about reclamation bonds, their factors and costs. So I'm gonna lay out a scenario and any feedback about other factors that may affect the bond amount, and any estimation of what it could cost would be very helpful.
    So here's the scenario
    A person wants to start a small/ mid scale placer operation, the claim is mostly flat with a creek running through one side. The mining plan is to strip the top soil and vegetation and run everything else down too bedrock at 12' . They will be using a small excavator to dig, and feed a trommel. Water will be pumped straight from the creek, the used water will flow into a settling pond and settle through the dirt back into the ground water. Tailings will be used to back fill as more ground is opened. Let's say at Max 20,000 yard of material will be moved in a year, equating to around an acre of surface area. And the vegetative coverage is mostly grasses and sage with a few small trees and no pocket gophers or anything else crazy and protected.
    So what else is considered in a reclamation bond, and does anyone have an estimate?

  2. #2
    Make America Great Again

    Apr 2013
    Oregon
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    is it in Colorado? you would have to get with a mining association or someone that can help you stay in the low bonding bracket.
    look at the limited Impact Operations form and look under Warranty for bond info. maybe there is a bond pool with other miners.
    http://mining.state.co.us/Forms/Pages/Minerals.aspx I've heard the lower end is in the $2500 to $5000 range.

    you can search what others pay, but depends on how the plan is written.
    (maybe search by county & commodities) http://mining.state.co.us/Reports/Mi...iningData.aspx
    Last edited by winners58; Feb 06, 2018 at 04:29 AM.
    " A pessimist is an optimist with experience "

  3. #3
    us
    Jan 2018
    Hudson co
    52
    111 times
    All Types Of Treasure Hunting
    Quote Originally Posted by winners58 View Post
    is it in Colorado? you would have to get with a mining association or someone that can help you stay in the low bonding bracket.
    look at the limited Impact Operations form and look under Warranty for bond info. maybe there is a bond pool with other miners.
    http://mining.state.co.us/Forms/Pages/Minerals.aspx I've heard the lower end is in the $2500 to $5000 range.

    you can search what others pay, but depends on how the plan is written.
    (maybe search by county & commodities) http://mining.state.co.us/Reports/Mi...iningData.aspx
    Thanks for the link, I'll be sure to read through that carefully. yes I am mainly focused on Colorado. And Just to clarify for everyone, this is a made up scenario, I do not yet have a location, this is just what I thought would be kind of a best case scenario for an operation I would like to one day have. I am still trying to find an area to claim and am trying to learn more about bonding through this discussion to help me better evaluate areas that I prospect.

  4. #4
    us
    May 2009
    Sailor Flat, Ca.
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    its gonna be different based on where you end up digging. "surface disturbance" isn't set in stone.

    It can change from area to area.

  5. #5
    us
    Mar 2013
    MT
    gmt
    87
    115 times
    Prospecting
    I was told by a DEQ rep, last summer, that their minimum reclamation bond is $10,000, and that is for a SMES (under 5 acre disturbance). On top of that, you would have BLM, Forest Service,etc. If you get to the point of filing an operating plan, my advice is to contact your local School Of Mines, and see if one of their engineers will help you. Could save you years of fighting.
    Clay Diggins likes this.

  6. #6
    Charter Member
    us
    Nov 2010
    The Great Southwest
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    Prospecting
    If it's on BLM managed land an agent will meet you on the site after reviewing your NOI. That agent carries a dedicated bonding calculator and if he determines a bond is required he can give you the bond amount on the spot. If you are prepared to secure the bond you can begin work within a day or two. The whole process takes about 20 days.

    On Forest Service managed land if you submit an NOI and no POO is required there will be no bond. Also about 20 days.

    For both agencies a POO can be much more expensive and take a very long time for negotiation depending on the resistance level and how silly your plan is.

    States have their own requirements that vary. County and sometimes municipal governments may have their hand out too depending on your location.

    If you limit your surface disturbance in size by working in stages and reclaiming as you go the bonding requirements will be much lower.

    Your proposed scenario sounds like you don't have any real mining experience so expect a very large bond and years of negotiation and hoops to jump through. If you aren't broke and disgusted by the time you get approval you will have learned the hard way the best way to approach a small operation. Learn the industry "best mining practices" and you will be way ahead of the game and mining soon.

    In the desert southwest BLM NOI bonding runs between $800 and about $3,200 for an exploratory program. A real world example is an NOI to sample 400 foot square areas one at a time, reclaiming as you go, water truck, dump truck, power sluice, 2,500 gallon portable water tank, backhoe on 12 claims for 5 years is about $1,600. You get your bond back when you can show you have completed your work.

    You haven't provided nearly enough information about your plans to even get past the NOI stage. The agencies could care less how deep your hole is, or how big the deposit is. They are concerned with minimizing the disturbance of the surface resources they manage. That involves stuff like how long, what time of year, what access method, size of equipment, size of surface disturbance, frequency and method of reclamation, fuel handling, size of pad, type of pond lining, human waste disposal, buildings or equipment storage, brush and tree removal etc.

    Heavy Pans
    Last edited by Clay Diggins; Feb 06, 2018 at 11:43 AM.

  7. #7
    us
    Mar 2013
    MT
    gmt
    87
    115 times
    Prospecting
    As always Clay, you're 100% right. I should have been more clear. The DEQ bond is based on a POO. Reclamation bond on a NOI, or exploration lease is a lot less.
    Rail Dawg and Clay Diggins like this.

  8. #8
    us
    Jan 2018
    Hudson co
    52
    111 times
    All Types Of Treasure Hunting
    Lots of good information clay and mtau. This is exactly what I was looking for thank you. Clay your last paragraph brought up alot of other factors I hadn't considered. Also clay you are right, I do not have any mining experience at this level nor do I have any experience planning an operation, and just like you mentioned, and many others have said before jumping in not knowing what your doing and having no experience, can quickly lead to the long, hard, expensive way of doing things, and that is exactly what I am trying to avoid. I have a long ways to go and alot to learn before I get to the point of needing a reclamation bond or even a NOI, but I'm just trying to learn as much as I can ahead of time, so I really appreciate all the help and information.
    Rail Dawg and Clay Diggins like this.

  9. #9
    us
    Mine President

    Aug 2012
    367
    325 times
    Gold Exploration
    Let me tell you what our company did on Forest Service land in Plumas County, Ca. We submitted 4 POO'S. The minerals agent with the FS will come out & look at your marked ground (we used small flags. You must keep each POO to one acre & 1000 cubic yards of disturbance. We were also fortunate to have the opportunity to get a 5th POO for 3000 cubic yards because of a county project on our mine. They will send out all the various environmental agents as well as the Regional Water Quality Control Board. The entire process for us took about 6 months>it all depends on the schedules of the various agencies. There is no cost to the miner. There are a number of companies that will do the permitting for you for a fee. For one POO we were quoted anywhere from $7500 - $10,000. You can do it yourself for nothing if you have the time to meet with the environmentalists when they go to your site. We have never mined on any large scale before & they never asked. We got a reclamation bond for $3000. As you finish reclamation on one POO they will come to your site & check it, sign off, & transfer the bond to the next site. When you complete your projects the bond gets refunded back to you. We are doing it that way because we can't afford a large scale Mining Plan Of Operation which is much more detailed & expensive. You can get into big money with those depending on the project & area but figure to hire a professional to help you permit & pay for the studies & you can easily be at $50,000 or more for a small scale operation. If you want more detail of the process PM me & I will be glad to share.

  10. #10
    Make America Great Again

    Apr 2013
    Oregon
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    Quote Originally Posted by ghostminer View Post
    Let me tell you what our company did on Forest Service land in Plumas County, Ca. We submitted 4 POO'S. The minerals agent with the FS will come out & look at your marked ground (we used small flags. You must keep each POO to one acre & 1000 cubic yards of disturbance. We were also fortunate to have the opportunity to get a 5th POO for 3000 cubic yards because of a county project on our mine. They will send out all the various environmental agents as well as the Regional Water Quality Control Board. The entire process for us took about 6 months>it all depends on the schedules of the various agencies. There is no cost to the miner. There are a number of companies that will do the permitting for you for a fee. For one POO we were quoted anywhere from $7500 - $10,000. You can do it yourself for nothing if you have the time to meet with the environmentalists when they go to your site. We have never mined on any large scale before & they never asked. We got a reclamation bond for $3000. As you finish reclamation on one POO they will come to your site & check it, sign off, & transfer the bond to the next site. When you complete your projects the bond gets refunded back to you. We are doing it that way because we can't afford a large scale Mining Plan Of Operation which is much more detailed & expensive. You can get into big money with those depending on the project & area but figure to hire a professional to help you permit & pay for the studies & you can easily be at $50,000 or more for a small scale operation. If you want more detail of the process PM me & I will be glad to share.
    if you go over 1 acre & 1000cy would you fall under California's SMARA and make things more difficult for your operation.
    http://www.conservation.ca.gov/smgb/...s/mou%2092.pdf
    Clay Diggins likes this.
    " A pessimist is an optimist with experience "

  11. #11
    us
    Mine President

    Aug 2012
    367
    325 times
    Gold Exploration
    Yes. We are hoping to run multiple POO"S to avoid that. So far the FS has been willing to work with us. This helps prove the ground & hopefully we can make some money. Some video from our first POO.

    Last edited by ghostminer; Feb 06, 2018 at 03:21 PM.
    winners58, Asmbandits and Rege-PA like this.

  12. #12
    us
    May 2009
    Sailor Flat, Ca.
    Gold Bug Pro, Gold Bug 2 Burlap, fish oil,
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    So two days with that trommel and your POO is done?
    Clay Diggins likes this.

  13. #13
    us
    Mine President

    Aug 2012
    367
    325 times
    Gold Exploration
    Trench, fill. Trench, fill. Also, that's why we are stacking them to run consecutively. Sadly, our partner on that project has passed away. That's why I'm looking for a trommel.
    Last edited by ghostminer; Feb 06, 2018 at 03:44 PM.
    Rail Dawg likes this.

  14. #14
    us
    Hardrock prospector

    May 2017
    Middle Oregon
    Whites, Fisher, Garrett, and Falcon.
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    Any ball park cost figures yet?
    Thanks

  15. #15
    us
    Hardrock prospector

    May 2017
    Middle Oregon
    Whites, Fisher, Garrett, and Falcon.
    1,374
    434 times
    Prospecting
    Don't know how the double post happened.
    Last edited by Assembler; Feb 06, 2018 at 07:02 PM.

 

 
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