Colorado Gold Mine Prime Mining on North Quartz Creek Placer Claim Panning

Category Real Estate Land

Current price $930.00

Listing type Chinese

Location Pitkin, Colorado 81241 US

Quantity sold 1

Quantity available 1

Bids 29

Seller scyros35 (13474)

Seller rating 98.9% positive feedback

Type Of Claim placer

Featured Refinements Gold Mining Claim

Property Address Pitkin, CO 81241

State/Province Colorado

Seller State Of Residence California

Zip/Postal Code 81241

Zoning Mixed

City Pitkin

Acreage 20.0

Type Unpatented Mining Claims

See it on eBay →

Tin Cup mining District Mine
Department of Land Transfer Info
* Equipment
* Feedback
* Other Claims for Sale
* Contact Us
* Add To Favorites
KRYSANTHE GOLD MINE
This 20 acre placer claim and spans over 1,125 feet of prime working water on Quartz Creek. There are campgrounds and lodging nearby.
North Quartz Creek runs from 20-feet to 100-feet from the road, so easy to access. The creek ranges from 3-feet wide to 18-feet wide with a depth ranging from 8-inches deep to as much as 4-feet deep depending on the time of year.
QUICK FACTS ON THE MINE:
COMMODITIES: Gold, Silver, Iron
COUNTY: Gunnison, CO
ELEVATION: approximately 10,000 Feet in some places and near 12,000-feet in elevation near Cumberland Pass and in a historic mining district (lode claims and historic mines all around)
ACCESS / STAGING: To reach the claim the main road you will be taking is Forest Service Road 765. Before heading out, it is always best recommended to check the road conditions, to make sure you have the equipment you need. The road seems to be okay for 2WD, there are a few turns here and there, so make sure to use extra caution, especially during the winter periods. The Forest Service road cuts through the claim, and you able to park on the side, in order to reach the creek. There is also another dirt road that goes through the claim, which is actually closer to the creek. This makes for easy parking, camping, and staging for equipment.
The district reported a total production from 1901 to 1935 was 298 oz. gold, 26,446 oz. silver, 177 lb. copper and 153,820 lb. lead (Vanderwilt, Ibid.) Heyl (Ibid) points out that while much of the ore in the district was rich in zinc, zinc was never recovered.
The bedrock of the Gold Brick-Quartz Creek district consists of gneiss, schist, and granite of Pre-cambrian age, sedimentary rocks of Paleozoic age, and intrusive rocks of Tertiary age.
Paleozoic rocks range in age from Cambrian to Pennsylvanian. The Tertiary rocks are chiefly intrusive sheets and dikes and range from rhyolite to andesite and diorite porphyry (Crawford and Worcester, 1916, p. 22-68).
Good 2-wheel drive access via well traveled and maintained dirt road
Nearby the Gold Cup Mine
North Quartz Creek runs year-round, but in spring swells significantly due to the thaw/spring melt and runoff, and this is what replenishes the gold washed down every year. Gold Creek intersects Quartz Creek.
BUYER WILL RECEIVE THE FOLLOWING WITH THEIR COMPLETED TRANSACTION:
* Quitclaim deed showing full ownership of the claim. This will be stamped, recorded and verified with the County and the BLM offices.
* Welcome packet with all of the rules and regulations as they relate to the State and BLM where the claim is located.
* Educational documents to annually renew your mining claim with the BLM.
* A CD of all of the documented images of the claim including maps of the site.
* Map of claim marked and GPS coordinates.
* Multiple maps showing claim location and surrounding areas for access.
_COME TO HIKE, CAMP, RIDE AND SHOOT - OR COME TO PULL SOME SHINY ROCK$ OUT OF THE GROUND;-)_
HISTORY
Quartz Creek is a stream that merges with Tomichi Creek near the town of Parlin, Colorado, along Highway 50. The stream rises in the Gunnison National Forest and is formed by the merger of the north, south, and middle Fox creeks.
In 1878 discoveries were made in the Gold Brick-Quartz Creek district (Henderson, 1926, p. 125), and the years 1879 and 1880 saw the first rush of miners to southeastern Gunnison County. Several towns, including Ohio City and Pitkin, were founded between 1878 and 1882. During the next 4 to 5 years, ore was discovered over a wide area, and several smelters and concentrating mills were built. The most productive years for gold mining were between 1908 and 1913. The period 1934 through 1942 was one of increased activity, but from 1943 through 1959 most of the mines were closed.
GEOLOGY OF MINING DISTRICT:
The Quartz Creek District was recognized by Henderson (1926), who described the area as overlapping both the Tin Cup and the Gold Brick Districts. Vanderwilt (1947) describes the district as 1-4 miles northeast of Pitkin near the road to Tincup. Dunn (2003) provides a more specific location description: bounded on the north by the ridge between Fairview Peak and the Continental Divide, on the east by the main range, on the south by Quartz Creek and on the west by the divide between Armstrong Gulch and Ohio Creek. She notes it has also been called the Quartz District.
Quartz Creek district, prospectors found quartz veins containing molybdenite that are relatively small in size compared to the important Climax-type “moly” deposits near Leadville and Crested Butte that were discovered later.
MAPS
The area is full of dirt roads, so a good map and a good GPS unit is a must, but we'll show you exactly where it is on the map as well as provide you with the precise latitude and longitude of each corner marker, so finding it will not be a problem for you.
I advise caution whenever driving or hiking on this claim – the entire valley is dotted with abandoned mines – most of them are easy to see from a distance, but some of them are impossible to see until you are right on top of them. I would estimate that only 20% of them are roped or fenced off – the rest are wide open and you should be extremely careful if entering them.
A couple of spare tires or an air compressor and patch kit or at least a couple of cans of tire sealant is strongly recommended for obvious reasons! Also, be sure to bring in whatever water you may need, as there are almost no water sources in the area 10 months out of the year.
Mining claims are a tangible asset just like any other Real property (real estate) and show a lifetime proof of all interests in minerals in the area specified by the above claim. Once you own this claim and the associated mineral rights, you will own them for life as long as you keep up with the annual fees. This claim can be bought, sold, leased or used as collateral, just like any other piece of real estate.
A mining claim can be willed or passed down to future generations as part of a trust or your estate, or you can trade it, lease it out for a period or time (or indefinitely), gift it to a family member or friend and you can also transfer or sell just an interest in it in part or in its entirety just like any other real property using a quitclaim deed which is a recordable conveyance. In other words, you could sell a 25% or a 50% share in it if you wanted in order to bring on a partner in the future - or you could sell the entire claim in whole.
This auction is for full/all interest in this 20 acre placer mining claim (unless the acreage indicated in the above mine description is different). This claim covers the entire site, (unless the claim description above describes different measurements), and includes full rights to all minerals, gems and just about whatever else you may find of value on the property (except oil and gas, which are handled separately). The winner of this auction will receive a notarized quitclaim deed to the full claim and all associated documentation showing full ownership of the claim. We pay ALL fees associated with transferring this claim into your name - legal fees, title transfer fees, document fees, notary costs, recording fees and even shipping fees, so all you will pay is the final price of the auction, not a penny more.
In order to hold on to your claim for life, you will need to pay an annual maintenance fee to the Government (BLM, not us) every year. Currently the maintenance fee is $165 per year per claim that you own, and it is due on September 1st of every year.
NOTE that if you own fewer than 10 claims nationwide, we can assist you in filing the paperwork to waive the maintenance fee every year. That means you will only pay $15 per year for your maintenance fee instead of $165. We guarantee that all past fees have been paid in full and there are no outstanding debts or amounts owed on the claim prior to the transfer of ownership into your name.
The federal government retains ownership of the land - so this means that you will not have any annual real estate taxes due on your mining claim, and you will not have to maintain liability insurance in case someone gets injured on your claim due to no fault of your own.
HOW DO TRANSFERS OF OWNERSHIP IN MINING CLAIMS WORK IF I DECIDE TO SELL MY CLAIM IN THE FUTURE?
First, we handle all the paperwork and costs associated with transferring this claim into your name should you win this auction. But if you decide to sell this claim at some point in the future, interest in a properly recorded mining claim or site may be transferred (i.e sold) in part or its entirety. A quitclaim deed or recordable conveyance document is required and if you do sell your claim someday and the transfer documents should be filed within 60 days after the transfer.
We can and will help you with the paperwork for no cost should you need a hand selling your claim in the future if you pay all of the County, State and Federal fees (usually less than $40 to $60).
But again - with regard to transferring this claim initially into your name, we take care of all the paperwork at our expense. You do not have to worry about anything. we handle the BLM transfer documentation and the county recording.
CAN YOU BUILD / CAMP ON YOUR CLAIM?
Without an approved plan of operations, you have the same rights and restrictions as the public. If the area is open to camping to the public, then it is permissible. However, you need to check with the BLM Field Office or the local District Ranger for areas open to camping. Under Federal law in order to occupy the public lands under the mining laws for more than 14 calendar days in any 90 day period, a claimant must be involved in certain activities that (a) are reasonably incident; (b) constitute substantially regular work; (c) are reasonably calculated to lead to the extraction and beneficiation of minerals; (d) involve observable on-the-ground activity that can be verified; and (e) use appropriate equipment that is presently operable, subject to the need for reasonable assembly, maintenance, repair or fabrication of replacement parts. All five of these requirements must be met for occupancy to be permissible.
Although it is possible to build a permanent structure on a mining claim, it is extremely expensive and you will have to jump through way too many hoops to consider it easy to do. It would have to be in support of a commercial, year-round mining operation for starters, and you would need to post a large reclamation bond to insure that if you ever abandoned your claim, the bond would pay for the removal of the structure and the reclamation or the area. So in short, it is technically possible to build on your mining claim, but just be aware that it is very difficult and expensive to do - however, camping is almost always involved unless your claim is in a wilderness area, which is not very common at all.
_PROUD MEMBER OF:_
In addition to handling all of the paperwork to transfer this claim into your name, as well as paying all of the fees so you do not have any costs other than the final price of the auction when the bidding closes, we also pay all of the costs associated with mailing the paperwork to you as well as to the County and Federal Government for recording and sending you back certified copies.
We will ship you a folder with all paperwork, claim coordinates, maps and information on your claim, including a CD-Rom with all of the pictures of your claim upon your payment in full clearing. We ship everything to you the same business day (if payment is received by 1:00 PM Pacific Standard Time) - and we will always provide you with the tracking information so you are always informed.
You initial claim packet that we mail has an unrecorded deed so that you can show ownership immediately after payment and be able to visit your claim. A second original deed goes to the County for recording the same day, and a third original deed goes to the BLM for certification as well. Both of those originals will be returned to you so you will wind up with several original deeds - but the County and BLM deeds can take 3 to 6 weeks to be returned to you, which is why we send you the initial original on day one.
Your payment of this eBay auction item in full gives you 100% ownership of this entire claim, with no other fees and/or other costs for the transfer of ownership required. This is NOT an auction for the down payment, this is NOT a partnership arrangement where someone else will own part of the claim with you, and there are NO other fees or costs for the transfer of this claim in your name.
eBay does not allow checkout on the eBay website for any Real Estate transactions - simply because it is not like selling a widget - the transfer of real estate is complicated and requires notary work, licensed professionals and recording. Note that this is eBay’s rules and not ours and it is the same for any mining claim seller on eBay
We also are not able to accept PayPal payments for mining claims, as claims are real estate and PayPal does not allow payments to be made on any real estate items, including single family homes, condos, mining claim or land purchases. We DO accept just about every other kind of payment method you can think of: Personal Checks, Business Checks, Cashier's Checks, Money Orders, Bank Wires, ACH payments, Direct Bank Deposit at any Bank of America Branch, Gold or Silver Bullion (at the day’s SPOT prices), etc. After the auction close, we will send you a secure link to handle the payment safely online if you prefer, and we can also take care of payment by mail or telephone, as we are a traditional Brick and Mortar business - so whichever method you prefer is perfectly fine with us.
We provide financing plans with no interest or fees. Financing terms are minimum of $500 down with the balance will due within 90-days via three equal monthly payments of the remaining balance after the down payment has been paid.
With all financing plans, we do not transfer the final deed into your name until the claim has been paid in full. In the event of a default on a payment plan, we do not refund your down payment - however, we do allow you to put that down payment towards any other purchase as a store credit in full. If you are financing a climate and there is less than 90 days until September 1st (i.e. from June 1st through September 1st), when the annual fee for mining claims is due to the Federal Government, we will add the $165 maintenance fee to your down payment and pay it to the BLM on your behalf thereby increasing your down payment to $665 instead of $500 - however, the $165 portion of the down payment does not go towards your principle balance since it is used to pay the annual fees to the government, therefore the actual down payment credit will still be $500. Approval for financing is automatic as long as you have a valid eBay account in good standing.

Also popular in the category Real Estate → Land