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I do exactly that as a break from my other businesses of lighting and network installation. Mining is awesome stuff. You get outdoors, you see awesome views, yo
by lightedman 10y ago
I do exactly that as a break from my other businesses of lighting and network installation. Mining is awesome stuff. You get outdoors, you see awesome views, you can go it solo or with friends, and if you use your brain a little bit, you can make some serious cash in a short period of time. There are tons of BLM lands with abandoned claims just waiting for someone to re-register the claim and open it back up, or lands adjacent to that claim which were never touched and possibly have tons of material the other claim couldn't get to/missed during survey.
And then you get to start your own D&D-style real-life dragon hoard and put it on display. Very few people are unimpressed by nature's splendors.
- jdhn 10y agoHow does one go about re-registering abandoned claims?
- lightedman 10y agoPretty easy. You just file a claim over that one. If you already know the quadrangle and township and sector, plus some other small details, taking over the old claim is pretty much as simple as filing paperwork and paying a fee.
- eel 10y agoIs the process state-dependent? Can you only reclaim mines in public lands (and does it matter if it's NF vs BLM?), or can you claim an abandoned mine on private property?
- lightedman 10y agoThe process is pretty much the same as mining claims are in the jurisdiction of the Federal Government. Just look up the Bureau of Land Management for your state and they should have everything you need to know on the website.
- civilian 10y agoSo, are you just re-prospecting? Are you looking for things that were forgotten? I'm trying to figure out where the value is coming from. Are you essentially trading on the difference in metal markets between now and when it was last claimed? Or are you trading on the difference between current mining technology and past mining technology? Are you working with someone who actually does the mining? Or are you just re-prospecting? How do you test the ground? What equipment do you need? Mind emailing me? :) //edit one place where people tend to sell their claims: http://www.icmj.com/properties.php http://www.icmj.com/properties.php What kind of due diligence do people put into this?
- lightedman 10y agoRe-prospecting on some occasions as certain things tell me that the area was not exhausted of what was being mined there. I rarely ever go after metals. I have more luck with minerals/gemstones. I just get the minerals by hand and sell them to collectors. Occasionally, they ask me to take something like a piece of jade and put it into a pendant. I make money teaching people how to find and locate what they're after. I do all the mining myself for the most part. I don't do it until I get a lot of evidence that I'm likely to find something. How I test the ground is via publicly-available satellite data. The equipment you need? Basic digging tools, pickaxe, folding shovel, hammer, chisels, rock picks, breaker bar/wrecker bar. Be nice to have a jackhammer and generator. Need lots of water in the desert, too, and some shelter (like an EZ-up.) As far as the claims selling - those are legit, but do make sure the land is patented first so you own EVERYTHING.