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Placer Claims cover all those deposits not subject to lode claims. Originally, placer claims included only deposits of mineral-bearing sand and gravel containing free gold or other detrital minerals.
Your right to the property is restricted to exploration, development and extraction of a mineral deposit at the site. The surface of almost all unpatented mining claims is not private property; the ownership and management of the surface and surface resources remains with the United States.
Closed to mineral entry means the land is not available for the location of mining claims or sites because Congress, BLM, or another surface managing agency has withdrawn or otherwise segregated the lands from the operation of the General Mining Law, often subject to valid existing rights.
The money bit would be this: "A claimant can camp on his/her gold mining claim just about indefinitely as long as the site is kept clean and it's obvious a legitimate mining operation is in progress."
Patented claims exist in perpetuity. However, an unpatented claim owner can also hold the claim as long as he likes for an annual $155 assessment fee (county fees and taxes for patented mining claims are considerably less). Failure to pay the fee by the September due date will result in the loss of the claim.
To occupy public lands under the mining laws for more than 14 calendar days in any 90-day period within a 25-mile radius of the initially occupied site, you must consult with the appropriate surface management agency, and you must be engaged in certain activities.
Patented claims exist in perpetuity. However, an unpatented claim owner can also hold the claim as long as he likes for an annual $155 assessment fee (county fees and taxes for patented mining claims are considerably less).
How do you Stake a Mining Claim? Find an area of interest. Your first step will be to determine where to search for mineral deposits. ... Conduct a land status search. ... Map your location and determine your claim type. ... Stake the ground. ... File Notice of Location(s). ... Pay Your Fees.