Patented Mining Claims: A Few Things You Should Know

| May 8, 2015 | 0 Comments

patened-mining

For a long time now, mining has been considered by many to be an attractive investment. While the entry cost can be very expensive, depending on the area where you intend to purchase land, it can yield significant benefits in the future. If you would like to get started in mining and if you like to buy a property for such, it is important to be aware of what a patented mining claim is.

What It Is

When you are looking for mining claims for sale, you will basically be confronted with two choices – patented and unpatented mining claims. In the case of Patented Mining Claims for Sale seen at MinesInvest.com, it transfers the full right of ownership of the land on your name. This is going to make the value of the land more expensive as against those that are unpatented. In order to get a patent, the relevant authorities must first be able to determine that there will be right quality and quantity of minerals to be mined on the site that will be patented. This is going to be expensive because of the drilling and sampling, among others. It is also important to note that the supply is finite, which is why it can be very expensive. It is better to look for patented mining claims for sale now than to halt it latter as its price can get more expensive.

Benefits of Patented Mining Claims

Even if the patented mining claims for sale can prove to be expensive, a lot of people are still eyeing such as an investment. Its biggest benefit is the fact that you will be given full control and ownership of your property. Essentially, the government has already transferred all rights to the person who will purchase the claim. You can do whatever you wish with the piece of land that you need. There is no more need to file a notice to the government when you need to do something on the land. Nonetheless, make sure that everything you do with your land is still legal and within the laws specified by the governing authorities.

Tips in Looking for Patented Mining Claims

If you go online, you might be able to see several options when it comes to patented mining claims for sale. However, this does not mean that you can just choose any seller. Make sure of the legitimacy of the site from where you will buy. Remember, patented mining claims are expensive and for sure, you would not want your money to go into waste. See to it that the seller will be able to provide you with official BLM Claim Serial Number. Make sure as well that the mineral found in the parcel of land will be of significant value, especially considering the price that you have to pay for it. Be familiar with the most important federal and state laws that will have an impact on what you do with the site you have purchased.

 

 

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Category: Investment

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