JM2855
Greenie
As an adjunct to my post in the Hard Rock Mining forum about the Mary Clough Mines that I owned and explored in Nevada, I want to post a very important lesson for ANYONE out there who is considering purchasing a mining claim from anyone or any company (including Gold Rush Expeditions, and many others who have sprung up in their wake trying to make money at copying their business model).
This is a true story of facts here and I want anyone who is considering purchasing a mining claim, ESPECIALLY a HISTORIC, DOCUMENTED with historic documents mining claim, from anyone or any company;
A year or so ago, there was "a gold mining claim sale company" we will call Company X, that had a very particularly, historic, documented historic producer 20 acre lode mining claim for sale (we will call it the Little Boy Mine). Company X had this claim for sale on their website for say $300,000.00. There were pictures on Company X's website of a caved in adit with some water draining out of it, completely caved in or closed purposely by the BLM/Forrest service with boulders, rubble sealing it shut. There was some old days mining trash, old timbers and junk laying about the claim. The grabber was that this was the ...and there was an old historic (authentic) document from a state mineralogist from say 1910 stating that they had visited the Little Boy mine in mining district "XXXX DISTRICT" in XXXX county Montana. The historic report stated that mining was active on this claim and they had taken out 100,000 ounces of gold and 200,000 ounces of silver from vein that was 5-8' thick with paying ore averaging 4' of that vein, and that it was located in the XXXX mining district in that particular county. This mining district mind you is 45 miles by 50 miles in size.
In 1911 there were say....50,000 tons of ore blocked for mining inside the mine, at an average of 0.5 OPT Au that were left in reserves at the Little Boy Mine (Sounds pretty good right?). We have pictures of old mining trash. There is a wooden building that likely housed some miners that is caved in. There are pieces of busted relics and rusted shovel ends. We have an obviously caved in completely shut adit that there are waste rock outside of. We have a historic report showing that there was in fact 50,000 tons of blocked ore at a determined, assayed average for Au. The historic report can be verified by going to the Montana State mineral archives, research, etc. It's authentic. Nice...we have a great find here.
So I get permission to go and visit this mine thinking I may be interested in something like THIS rich 20 acre lode claim!
When I get out there in the mountains of Montana, I find the Little Boy mine adit, staked by Company X, their signs up at the caved adit. Yep this is it.
Wait...there's another adit with waste rock 100 yards over there. And there's another one...and another one. To my count in a day's hiking around this "Little Boy" mine that is for sale for $300,000.00, there are 23 actual adits spread over a square mile or two...all of which have mining trash around them, every single one of them caved or bulldozed closed, every one of them with waste rock piles outside of the adit 50 feet away. Now this is interesting.
So I look on the BLM website and check the status of active claims in the area to ensure that if I purchase this claim, and want to claim additional ground over the vein, that I'm not stepping on someone else's ground. The website shows me like 9 active claims in the area, including the Little Boy mining claim for sale by Company X.
Wait a minute, there's the Little Boy mine there too. And there's another Little Boy active mining claim by an individual from Oregon. There's another Little Boy active mining claim by an individual in Arizona and another couple by another mining claim sale company. WT Fudge
Checking the internet I found that there were FIVE individual LITTLE BOY GOLD MINES for sale for anywhere from $5,000.00 to the bigger mining sale company's $300,000.00!!! All with the very same historical document that the Company X had on their website selling the claim!!!
Now, how on earth could there be 9 Little Boy Gold Mines, all using the same historic document, 5 of them already on the internet for sale stating that THEY owned the REAL Little Boy gold mine in their 20 acre lode claim!!!
Ok....NOWWWWWW I GET IT. Click!
Company X found the historic document on the internet. They went to the mining district which is 50 miles across. They stated one of the CAVED, CLOSED, SEALED adits with trash around it and waste rock outside of it, put their signs up and said THIS....is the REAL Little Boy gold mine that the document refers to. But then several other companies and individuals all did the same exact thing, all claiming that their 20 acre lode claim they had for sale was the one that the historic document referred to. Yet the active Little Boy Claims were spread across 3.5 miles! Now will the REAL Little Boy gold mine, please stand up!
I found that everyone was trying to cash in on the old historic document and the fact that there were supposedly documented reserves in it, yet not one adit was open that you could actually get into and see the vein or take actual vein samples for assay. Obviously I enjoyed my hike in the mountains but I was educated that back in 1910, they DID NOT USE GLOBAL POSITIONING SYSTEMS TO MARK THE GPS COORDINATES OF THEIR MINING CLAIMS. And...if the Little Boy mine was operational in a mining district 50 miles across, and there are dozens of adits and waste rock piles everywhere, WHICH one of them (that you can't get into and inspect or sample) would be the real one that the historic document referred to??
And these companies and individuals are selling them for thousands and in some cases, HUNDREDS OF THOUSANDS of dollars, when they themselves can't be sure where the ACTUAL adit with THE vein mentioned in a report is actually located in.
LESSON HERE is that anyone can find a historic document on line or in a county office that states there was an old producing gold mine in XXXX district that turned out zillions of ounces of gold and hence it's worth millions upon millions. But with the adits caved, no real record as to which of the 50 adits spread across miles of land, they can claim ANY of them and state that it is in fact THE historic gold mine in the document.
Hence my WARNING WARNING WARNING for prospective buyers of mining claims from ANYONE or ANY company -Especially those documented with old historic documents. Unless there are pictures from the 1920's showing the exact head frame that match pictures of that headframe today, then you can't be sure of WHICH adit or shaft is the true historic producer that may still hold potential.
Again- GET YOUR LICENSED PROFESSIONAL GEOLOGIST INVOLVED BEFORE YOU SPEND $1 and if the company or individual is honest and does business with integrity, they won't mind at all having your geologist inspect the property before you purchase it.
Lesson well learned on my part- Now shared so that others are aware of of this is easily a SCAM that is being pulled off on HISTORIC MINES being sold all over the country!
Jack W. Moore
This is a true story of facts here and I want anyone who is considering purchasing a mining claim, ESPECIALLY a HISTORIC, DOCUMENTED with historic documents mining claim, from anyone or any company;
A year or so ago, there was "a gold mining claim sale company" we will call Company X, that had a very particularly, historic, documented historic producer 20 acre lode mining claim for sale (we will call it the Little Boy Mine). Company X had this claim for sale on their website for say $300,000.00. There were pictures on Company X's website of a caved in adit with some water draining out of it, completely caved in or closed purposely by the BLM/Forrest service with boulders, rubble sealing it shut. There was some old days mining trash, old timbers and junk laying about the claim. The grabber was that this was the ...and there was an old historic (authentic) document from a state mineralogist from say 1910 stating that they had visited the Little Boy mine in mining district "XXXX DISTRICT" in XXXX county Montana. The historic report stated that mining was active on this claim and they had taken out 100,000 ounces of gold and 200,000 ounces of silver from vein that was 5-8' thick with paying ore averaging 4' of that vein, and that it was located in the XXXX mining district in that particular county. This mining district mind you is 45 miles by 50 miles in size.
In 1911 there were say....50,000 tons of ore blocked for mining inside the mine, at an average of 0.5 OPT Au that were left in reserves at the Little Boy Mine (Sounds pretty good right?). We have pictures of old mining trash. There is a wooden building that likely housed some miners that is caved in. There are pieces of busted relics and rusted shovel ends. We have an obviously caved in completely shut adit that there are waste rock outside of. We have a historic report showing that there was in fact 50,000 tons of blocked ore at a determined, assayed average for Au. The historic report can be verified by going to the Montana State mineral archives, research, etc. It's authentic. Nice...we have a great find here.
So I get permission to go and visit this mine thinking I may be interested in something like THIS rich 20 acre lode claim!
When I get out there in the mountains of Montana, I find the Little Boy mine adit, staked by Company X, their signs up at the caved adit. Yep this is it.
Wait...there's another adit with waste rock 100 yards over there. And there's another one...and another one. To my count in a day's hiking around this "Little Boy" mine that is for sale for $300,000.00, there are 23 actual adits spread over a square mile or two...all of which have mining trash around them, every single one of them caved or bulldozed closed, every one of them with waste rock piles outside of the adit 50 feet away. Now this is interesting.
So I look on the BLM website and check the status of active claims in the area to ensure that if I purchase this claim, and want to claim additional ground over the vein, that I'm not stepping on someone else's ground. The website shows me like 9 active claims in the area, including the Little Boy mining claim for sale by Company X.
Wait a minute, there's the Little Boy mine there too. And there's another Little Boy active mining claim by an individual from Oregon. There's another Little Boy active mining claim by an individual in Arizona and another couple by another mining claim sale company. WT Fudge
Checking the internet I found that there were FIVE individual LITTLE BOY GOLD MINES for sale for anywhere from $5,000.00 to the bigger mining sale company's $300,000.00!!! All with the very same historical document that the Company X had on their website selling the claim!!!
Now, how on earth could there be 9 Little Boy Gold Mines, all using the same historic document, 5 of them already on the internet for sale stating that THEY owned the REAL Little Boy gold mine in their 20 acre lode claim!!!
Ok....NOWWWWWW I GET IT. Click!
Company X found the historic document on the internet. They went to the mining district which is 50 miles across. They stated one of the CAVED, CLOSED, SEALED adits with trash around it and waste rock outside of it, put their signs up and said THIS....is the REAL Little Boy gold mine that the document refers to. But then several other companies and individuals all did the same exact thing, all claiming that their 20 acre lode claim they had for sale was the one that the historic document referred to. Yet the active Little Boy Claims were spread across 3.5 miles! Now will the REAL Little Boy gold mine, please stand up!
I found that everyone was trying to cash in on the old historic document and the fact that there were supposedly documented reserves in it, yet not one adit was open that you could actually get into and see the vein or take actual vein samples for assay. Obviously I enjoyed my hike in the mountains but I was educated that back in 1910, they DID NOT USE GLOBAL POSITIONING SYSTEMS TO MARK THE GPS COORDINATES OF THEIR MINING CLAIMS. And...if the Little Boy mine was operational in a mining district 50 miles across, and there are dozens of adits and waste rock piles everywhere, WHICH one of them (that you can't get into and inspect or sample) would be the real one that the historic document referred to??
And these companies and individuals are selling them for thousands and in some cases, HUNDREDS OF THOUSANDS of dollars, when they themselves can't be sure where the ACTUAL adit with THE vein mentioned in a report is actually located in.
LESSON HERE is that anyone can find a historic document on line or in a county office that states there was an old producing gold mine in XXXX district that turned out zillions of ounces of gold and hence it's worth millions upon millions. But with the adits caved, no real record as to which of the 50 adits spread across miles of land, they can claim ANY of them and state that it is in fact THE historic gold mine in the document.
Hence my WARNING WARNING WARNING for prospective buyers of mining claims from ANYONE or ANY company -Especially those documented with old historic documents. Unless there are pictures from the 1920's showing the exact head frame that match pictures of that headframe today, then you can't be sure of WHICH adit or shaft is the true historic producer that may still hold potential.
Again- GET YOUR LICENSED PROFESSIONAL GEOLOGIST INVOLVED BEFORE YOU SPEND $1 and if the company or individual is honest and does business with integrity, they won't mind at all having your geologist inspect the property before you purchase it.
Lesson well learned on my part- Now shared so that others are aware of of this is easily a SCAM that is being pulled off on HISTORIC MINES being sold all over the country!
Jack W. Moore
Upvote
9
EVERYONE needs a pro to check all of this out as part of your "Due Diligents !
