Description

Land For Sale Gold Mining Claim Claims 20 Acres Plumas County

Property Listing Date: 2012-05-16T02:00:35.000Z
Price: $1.00
Land Sellers Location: 95758
Grab-it Now Price: $1999.00
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Land Ad Description: FOLLETT GOLD MINE UP FOR AUCTION IS ONE 20 ACRE LODE CLAIM AMAZING LOCATION GOLD LINED QUARTZ VEINS BREAK THE GROUND *PLEASE NO PERSONAL CHECKS AS PAYMENT* The picture below was taken from the general vicinity. These sort of veins also pop out on this propertly. You can see the gold lining the quartz in this photo. Below is a clipping from a Magazine showing gold recovered from the Rich Gulch area. Rich Gulch Project Follett Mines The Rich Gulch Project Consists of a conglomeration of lode gold mines that follow the Melones fault northwest from the feather river in Plumas County, California. They were consolidated in 1983 by Inca Mining Company with the intention of developing a large scale mining project. Most were sold off when gold cratered at $275 an ounce. We purchased the remainder of the project in 2008 from Mauro Berretta, President of the Inca Mining Company. The mines have been since worked small scale with metal detectors, drywashers, high bankers and backpack dredge that uses recycled creek water. As the gold vein structure collapsed over eons there was left a rich sprinkling of free placer gold in the canyons along the claim ridges. Underlying is the disseminated gold vein in quartz structure in the exposed bedrock. There is a large specimen of gold in quartz from these mines held by the California Mining Museum in Sacramento. Inca Mining Company diamond drilled the Follett zone in 1983 and determined that the Follett Zone drill holes were the highest grade to that date as compared to the Virgilia, Erik, Follet, and Central zones. This circumstance was published in the mining community by George Cross as evidenced by the attached copy of his newsletter. Lode mining would be most productive for these claims but dry washing in late summer with use of a Vac-Pak also has proven to be very productive. Sale includes a copy of the Inca Mining Company geological and engineering report of the property. Directions to the Claim: From QUINCY go 22 miles SW on highway 70 and turn right on Rush Creek Road, go 3 miles to Deadwood Saddle and then turn LEFT on marked route 26N22F, then go 2.5 miles and you are on the Folett Claim. HISTORY Placer deposits that were discovered at Rich Gulch early in the period of the California Gold Rush were played out by the 1880′s. The gold was found to originate in quartz veins beneath the placer workings and underground operations to exploit the vein deposits began about this time. The earliest work was on the Hallsted properties, which covered vein exposures from the present-day Virgilia property northwest through the present-day Central property. During the period 1927-1930, Homestake Mining company conducted a thorough examination of the western Hallsted claims that included mapping, sampling, diamond drilling, opening of closed tunnels, and driving of new drift. A total of 1m032 samples collected from the underground workings during 1929 and 1930 averaged 0.11 ounces per ton gold (with a high of 11 ounces), consistent with historic Mother Lode undergound production. Much of this work was done in the area of present Central orebody. GEOLOGY The Melones Fault, the main structural feature of the Mother Lode Gold Belt, is located 500 feet west of linear zone of quartz veins that hosts Central and Virgilia orebodies. West of the fault are ancient (Triassic-age) submarine basalts that have been metamorphosed to serpentinites. East of the fault, the rocks consist of marine sediments of the cedar formation. These rocks strike 55 degrees north (thus the orientation of the local mine grid in this direction) and dip 55 degrees east. The cedar formation is also metamorphosed and consists thin bedded slates, a dacitic flow, and minor limestone. The veins are hosted by the dacite flow and the adjacent shales. The dacite ranges from 3 to 80 feet wide and averages 35 feet. Ore-grade widths are primarily in the dacite and range from 10 to over 70 feet. Gold values in the quartz veins are silcified zones are the same from the deepest levels of the Virgilia Mine workings to the highest surface exposures above the Central orebody, a distance of over 2400 feet. Sale includes Inca Mining Company geological and engineering report on the property. Note: Mining claims can be held only by US citizens and/or US corporations. Please do not bid on this claim if you are ineligible Sellers pays the claim transfer fee. The buyer pays recording and claim filing fee. NOTE: This auctions is for sale of mineral rights only. You cannot build any permanent structure on a mining claim without permission from both the US government and the county. You cannot build a home on a mining claim without first applying for and obtaining a patent. You may camp on a mining claim so long as you are actively prospecting and mining the claim. The access to this claim is over rugged terrain and requires a four wheel drive and/or hiking. A mining claim can be bought, sold and inherited and is considered real estate. County property tax of about $10 per claim must be paid each year to the county or the claim will be lost to the county land forfeiture process. Pictures are from the Rich Gulch Area. If you have a new account (less than 30 days old) or if you do not have a pay pal account, please contact us with your username so we can add you to the exception list. If you are an international buyer, please contact us before bidding.Payment information: Cashiers Check

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