Grab your Picks and Shovels
And Your Ass Too…..Screw this Computer Mining stuff….lets get Dirty
Who’s in ?
Wednesday, January 31, 2018, 6:17 PM – U.S. President Donald Trump’s decision to withdraw federal protections from millions of acres of Utah wilderness will reopen much of the iconic terrain to gold, silver, copper, and uranium land claims under a Wild West-era mining law, according to federal officials.
Starting at 6 a.m. on Feb. 2 – the moment Trump’s proclamation reducing the size of the Bears Ears and Grand Staircase-Escalante National Monuments takes effect – private citizens and companies will be allowed to stake claims for hard rock mining in a process governed by the General Mining Law of 1872, according to the U.S. Bureau of Land Management.
The process for staking a claim remains much as it did during the Gold Rush: A prospector hammers four poles into the ground corresponding to the four points of a parcel that can be as big as 20 acres, and attaches a written description of the claim onto one of them. A prospector then has 30 days to record the claim at the local BLM office.
“We’re working on getting information and new monument maps ready for people interested in claims,” said Utah Bureau of Land Management spokesman Michael Richardson.
The costs of claiming are low: a $212 filing fee, and an annual maintenance fee of $150. The claims provide prospectors mineral rights, with no requirement to pay the government royalties, but not ownership of the land.
The law covers mining for uranium, gold, silver, copper and other precious metals, but excludes coal and petroleum.
So that’s why you keep an “Ass” in the backyard…
See yah in Utah.
Todd Hoffman from GoldRush probably staking out all the “good” ground.
This directly impacts EFR.TO (Energy Fuels Inc) so if you’re a uranium optimist and think this current downtrend is coming to an end that might be one to keep an eye on.