What about this property? Mineral Rights

[fetcher]

I recently found what appears to be decent land for sale. ( Mineral Rights ) The location is in Northern California and I've learned through research that the area once produced significant amounts of gold. However, the post is a little bizarre. The guy selling it states "contract to be signed after payment." Is this normal? Also, he's giving away a panning kit with the property What are your thoughts?

Weaverville, Trinity County, California land for sale - 40 acres at LandWatch.com

 

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[Aufisher]

Salted pan included lol

 

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[Jason777]

Investors have claimed every square inch of BLM land that has mineral entry. They do this when the price of gold goes up hoping it will spark a new gold rush and they can capitalize on selling the claims.

First of all, a gold producing region may not have squat now after 150 years of digging all the way to the bedrock. Second, even some spots on good gold producing rivers today don't have squat because gold settles in the inside bends in rivers.

To me a gold map is only used to tell me all of the places to avoid. Good gold bearing gravel is still out there waiting to be found where it hasn't been raped already.

 

[Goldwasher]

Investors have claimed every square inch of BLM land that has mineral entry. They do this when the price of gold goes up hoping it will spark a new gold rush and they can capitalize on selling the claims.

First of all, a gold producing region may not have squat now after 150 years of digging all the way to the bedrock. Second, even some spots on good gold producing rivers today don't have squat because gold settles in the inside bends in rivers.

To me a gold map is only used to tell me all of the places to avoid. Good gold bearing gravel is still out there waiting to be found where it hasn't been raped already.

WOW!!

 

[russau]

Investors have claimed every square inch of BLM land that has mineral entry. They do this when the price of gold goes up hoping it will spark a new gold rush and they can capitalize on selling the claims.

First of all, a gold producing region may not have squat now after 150 years of digging all the way to the bedrock. Second, even some spots on good gold producing rivers today don't have squat because gold settles in the inside bends in rivers.

To me a gold map is only used to tell me all of the places to avoid. Good gold bearing gravel is still out there waiting to be found where it hasn't been raped already.

Where did you find this info ?? Could you post a link to it ?

 

[johnedoe]

Investors have claimed every square inch of BLM land that has mineral entry. They do this when the price of gold goes up hoping it will spark a new gold rush and they can capitalize on selling the claims.

First of all, a gold producing region may not have squat now after 150 years of digging all the way to the bedrock. Second, even some spots on good gold producing rivers today don't have squat because gold settles in the inside bends in rivers.

To me a gold map is only used to tell me all of the places to avoid. Good gold bearing gravel is still out there waiting to be found where it hasn't been raped already.

Hmmmm....Who woulda guessed it....... Those are some pretty tall statements.

 

[rodoconnor]

The entire Mother lode has been dug to bed rock. Imagine that. Barry , is My Land Matters aware that every square inch of BLM that has mineral entry has been claimed ? I apologize for the sarcasm

 

[goldenmojo]

Investors have claimed every square inch of BLM land that has mineral entry. They do this when the price of gold goes up hoping it will spark a new gold rush and they can capitalize on selling the claims.

First of all, a gold producing region may not have squat now after 150 years of digging all the way to the bedrock. Second, even some spots on good gold producing rivers today don't have squat because gold settles in the inside bends in rivers.

To me a gold map is only used to tell me all of the places to avoid. Good gold bearing gravel is still out there waiting to be found where it hasn't been raped already.

Thanks for the valuble info. I guess I should stop panning the deep pool straightaways and head directly to the inside corner.

 

[Bejay]

Investors have claimed every square inch of BLM land that has mineral entry. They do this when the price of gold goes up hoping it will spark a new gold rush and they can capitalize on selling the claims.

First of all, a gold producing region may not have squat now after 150 years of digging all the way to the bedrock. Second, even some spots on good gold producing rivers today don't have squat because gold settles in the inside bends in rivers.

To me a gold map is only used to tell me all of the places to avoid. Good gold bearing gravel is still out there waiting to be found where it hasn't been raped already.

Well this kind of statement shows a full lack of understanding about placer gold deposition and new technology extraction/recovery. I agree with the statement that new gold bearing gravels are awaiting discovery and I'll leave it at that.....as todays technology makes recovery of lessor/small deposits very rewarding.

The key issue pertaining to Old Placer areas such as the Mother Lode Country is EROSION and deposition of newly deposited free gold. That one words' meaning eludes to CONCENTRATIONS of gold. This year the Mother Lode ought to be richly renewed as erosion has been very good....and CONCENTRATIONS will occur.

Bejay

 

[IMAUDIGGER]

I don't think the motherload has been mined so extensively that we need to rely entirely on erosion and new deposits
The reason being that the entire area HAS NOT been worked to bedrock.

There are many placer areas that were not fully mined due to:

1.) Inability to remove overburden.
2.) Lack of water.

For the early miners that were lacking sufficient water, 15 feet of overburden was difficult to remove while still leaving a profit margin.
They usually resorted to mining via. drift tunnels, which was very dangerous and labor intensive. Large boulders made this type of mining difficult.
Rarely have I seen tracks used, and usually the tunnel floor is not at an even grade where a wheel barrow could be used. This means they were carrying material out in buckets.
The pay streak had to have been very rich in order to employ this type of mining method. Due to the danger from collapse, they could only attempt to get the heart of the deposit.
Many times the necessary water never materialized.
That leaves a big potential for modern miners.

 

[Twogunbloodoath]

Check with BLM first but it is in a great area.