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Placer Claim Prices

Author	Comment
junior miner	Placer Claim Prices	Lead	[-]
Posts: 38 (10/01/09 20:23:51) Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts Report Post	Tags : None Just wondering if anyone knows the approximate value for placer claims these day. Years back when gold was around 3-350 $$ the rule of thumb seemed to be $10,000 for a claim. The claims would have to produce around $2 per yard minimum at that time and of course the claims were a lot larger then being 500 X 1000 meters. That being said it is all relative to what ever the person is willing to pay but I am wondering if there are any sort of standard to go by.
Guttersniper		#1	[-]
Posts: 57 (10/01/09 21:04:33) Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts Report Post	Good question the standard by which i went for asking $2500 for my china creek claim was base on bc mining properties asking $10,000 for thier claims next to mine staked on the same day "as rare as hen's teeth" but like you said it's only worth what someone is wlling to pay for it
cariboo Au		#2	[-]
Posts: 1520 (10/01/09 21:25:52) Moderator/Admin CMA paid member Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts Report Post	I think it would be hard to set A average..$$$......history an how much or how well was mined.......the lay of the land an water table an such. I would really walk the area to see how much mining ground there is an base that on the average in the ground.......so far my claims are averaging $2 to $40 A yard. So go on the law of average an A gut feeling because gold is not 100% One bench I have is over A mile long an up to 1/2 mile wide with good averages an any where from 6 feet to 20 feet deep.....what would the estimates be on this??? Sounds good but lots of things to do before this happens to see if it pays off but I think it'll do just fine... May the fever be with you.
jjbond		#3	[-]
Posts: 184 (10/01/09 23:55:37) Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts Report Post	As well as the gold potential being a factor, I would imagine unrelated but personal preference issues would be something the potential buyer would keep in mind. I have a couple claims which I purchased without seeing that have terrible access to the water. To a panner or high bank user they may be worth $20.00 but to someone with a detector who doesn't care about the water access and simply turns around looking in the other direction, the huge pay layer bench the opposite direction may make the claim worth $1,000.00. Other things like can you get there with a car or do you need a truck, if that does it need to be a 4x4, how far to accommodations (hotel etc)... weather access, can we work it during winter? These are all things I think about when looking at claims... these and the obvious like previously mentioned minfile etc reports. It's also worth a bit more to me if it's not on private land.. I'm just a hobby prospector so every penny counts and having to spend $25.00 on the BC Online site to learn who owns a field my claim is on does not appeal to me. I don't think many of us are the type who sell or buy claims in the $10,000.00 and up range. It's nice to know that there are still claims out there for those of us who can't afford to list ourselves on the Toronto Stock Exchange to raise venture capital for diamond drilling sampling. I've spent as low as $35.00 from MTO and as much as several thousand from a private individual... some I've purchased in a multi-claim package but only wanted one of the claims in the deal, it's all depending on what you want and how bad I reckon. Jennifer
junior miner		#4	[-]
Posts: 39 (10/02/09 08:53:50) Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts Report Post	Thanks for all the feed back. It's good to hear from others. While in Atlin this summer I was trying to get a feel for what out of the way claims were worth. About 3 KM away from where I am located there was 5 cells that sold for $78,000. No creek access. I am not sure whether they were placer or hard rock. I do know the guy who had them and let them drop. They were snapped up the next day and resold within the week. I am about 7 KM from the Ruby Creek project of Adanac Moly so I do know there was a lot of geo's out sniffing around for moly properties. I just have 14 cells going into a lease at the moment. It is much to big of job for me to mine it as I would need large equipment and I don't really want to go that route.
bignug		#5	[-]
Posts: 182 (10/03/09 01:30:18) Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts Report Post	Darcy and Jen, What does "Sittin' on a Gold Mine" mean to you? Yes, Darcy, you will be fine. Jen, you and I are in the same boat,.....raising the bucks to explore and evaluate properties according to stock exchange rules. My best suggestion is to get professional geologists on board. Once they produce that all-important NI43-101 report, properties go from pie-in-the-sky to something worth mobilzing the big equipment and permitting dollars. Darcy doesn't really have to do that, because he is well on the road to being an independant and self-sufficient prospector and miner. It all seems to boil down to 2 things,.....,go big or stay independant. Getting good ground applies to everybody. And gold mining should remain as one of life's great adventures and challenges. Yee Haw!
jjbond		#6	[-]
Posts: 185 (10/03/09 18:48:58) Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts Report Post	Nug.... naaaa, I don't need a geologist.... not quite yet.... I'm buying my claims as an investment, an insurance policy per say... an investment for the day when my employer, the one who's measly contribution every two weeks currently pays my bills, drive me over the edge in which they've driven me to the edge of for so long, and I finally snap and yell "#*@^ YOU... I QUIT!!!!!" and then pack my stuff and travel the province working my claims. I'm very fortunate in one regard in that one of my claims near Likely has a mining operation on it at this very moment who owns the mineral claims and they have spent THOUSANDS on geologists and presentations on all the gold under my placer rights. I'm sitting on that claim to sell for the right price, check out the image below which I took showing my Placer and their report showing where they just did drilling which came back GOOOOOOOLD!!! The shot on the left is off their web page (which you can see the link to in the address bar of the image), the shot on the right is my view in MTO (zoomed back a bit from their picture). They have some AWESOME presentations on their site, saved me a LOT of money...grin: Their site, with TONS of information The current phase of this plan in which I'm in, is finding a good claim on Vancouver Island so I have a place to work in the Winter as well... Everything I've seen on the Island seems to have drama for access so I'm still in the waiting stage on that one... but once one opens up.... oh boy... my employer may be one step closer to having to hire someone from Bangladore, India to replace me (cus American/Canadian hight tech companies don't hire American/Canadian high tech workers any longer). Jen Last Edited By: jjbond 10/03/09 19:23:33. Edited 2 times.
bignug		#7	[-]
Posts: 183 (10/05/09 00:03:21) Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts Report Post	Nice answer, Jen. Your talents are becoming more and more evident. Somehow I thought you were retired on an RCMP pension. I didn't know you were a "geek" for hire and still working. We are all greatful for your input, here. An endless process of learning how to work all of the numerous internet tools available to prospectors and miners. Again, I'll say we are in the same boat,......,investing in mining properties. There are a couple of facts that I am working with,....., good mining ground isn't being created anymore (except for natural erosion) and that the price of gold and world economy issues will make gold-mining ground simply more and more valuable. I am thinking that I will retire on one of my 50 placer claims, one day. The rest will be sold to others who can make their own plans. Or, I get those geologists to help raise the dollars to mine all of my claims. As long as we own our claims, we have choices. As any goldbug knows,.....,"if you don't hold it, you don't own it". Thanks again for your sharing of info,....,techno and exploration activity. Last Edited By: bignug 10/05/09 00:06:10. Edited 1 times.

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