Gold is malleable, ductile, resistant to corrosion and as you know, quite valuable. Mining claims must be registered to prospect for it. In some juristictions, claims are staked on the ground. In others, mining claims may be registered through online or paper map submission. To remain in good standing, claims willk require annual taxes however many jurisdictions allow for the value of work to be filed in lieu of paying the taxes, allowing a huge tax incentive for some and a self sustaining investment for many. Gold mining claims are usually hardrock or placer, but other forms of title, including patented claims, crown grants, and fee simple conveyances to mining rights may also convey title to the subsurface mineral rights. Care must be taken to ensure a claim seller is selling you a workable property where mineral rights are not already held in another form.

Reputable sellers should inform you of the form of title in any mining claims sought. Fee simple transactions are often completed through lawyers and the land registry, as you would when purchasing the more common types of real estate. The fact that the internet now offers an abundance of gold mining claims, some directly from prospectors, and others from brokers, companies and other types of sales agents. Some are available through free classified sites. No matter what the source, if the seller has performed work or made interpretations about the property, always ask what their social licence to do so is. A social licence is a combination of education, experience and professional integrity. With all of these qualities, you are more likely to have an optimal buying experience with certainty to title, and better chances at finding the minerals you seek.

As mentioned, maintaining your mining claims is done by paying annual taxes, and/or filing work on your property. Travel expenses (in BC, 20% of work value for travel expenses is allowed, except when travelling by helicopter 50% is allowed), food, lodging, equipment rentals, equipment fuel, contracted professional services and the hourly wage of workers can be filed through various physical and technical work programs performed. Many individuals who own gold mining claims will visit their property 1 or more times a year, and with a $10 goldpan will sort through several piles of gravel, reducing them to concentrates. Goldpanning remains a viable and important component of assessment work through prospecting and can be performed by nearly anyone with just a bit of practice. Once materials in a goldpan are reduced to concentrates, the balck sands will usually reveal some “colours”, tiny specks of gold in your pan. By counting and recording the number and location of colours found, the prospector has created their first, rudimentary, geochemical grid for the property. In areas where the highest number of gold colours are found, the gravels tend to have the most gold enrichment and therefore may offer the most ideal spot on the property to begin moving larger scales of gravels at greater depths.

If you have contemplated buying gold mining claims or other mining claims for investment and development, do your research first. Dealing with a reputable seller can greatly improve your chances.

If you are prospecting for gold, make sure you hold valid mining claims http://bcgold.com for the area you are prospecting. At BC Gold gold mining claims http://bcgold.com/placer-properties , you can browse a wide variety of properties and get assistance for your next adventure.