GOLD MINING CLAIM near Fairplay Colorado FOR SALE, High Grade Ore Stockpile from London Mine and Placer Grounds |
GOLD MINING CLAIM near Fairplay Colorado FOR SALE, High Grade Ore Stockpile from London Mine and Placer Grounds |
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![]() Rock Bar! ![]() ![]() ![]() ![]() Group: Members Posts: 613 Joined: 16-October 08 From: Central Colorado Member No.: 6,813 ![]() |
NOTICE:
Due to the high grade nature of the gold ore stockpiled on this claim,the area is patrolled and monitored. This Federal Mining Claim is located, recorded, and maintained in accordance with 43 C.F.R. Part 3800 and 30 U.S.C. 22 et seq.; 43 U.S.C. 1744 and all appropriate state laws. All persons are warned that disturbance of the monuments, surface, or improvements on this claim or removal of minerals of any type without permission of the claimant(s), will result in their prosecution under the appropriate state and federal statutes. HISTORY: The London Mine Group was developed on pollymetallic quartz veins associated with the Great London Fault. According to documentation by Singewald and Butler (1941) the ore mined between 1895 and 1910 averaged 2.895 opt gold, 2.858 opt silver, 4.13 % lead, 2.66 % zinc, 4.85 % iron, 6.11 % sulfur, and 76.8 % silicon. The most recent reports published by the Colorado Geological Survey state that remaining mine and stockpile resources range from 0.10 to 0.41 opt gold having a weighted average of 0.19 opt gold. Most of the Tonko #1 CMC289770 mining claim was formerly known as the Jewett #1 CMC94664 and the Jewett #2 CMC94665 mining claims that were held by London Mine Venture from 1935 through 1991. The stockpile on Tonko #1 was estimated by Behre Dolbear & Company, Inc. in a report dated March of 1985 to contain 172,000 tons of gold ore! MINING CLAIM MAP: GOOGLE EARTH VIEW OF CLAIM: HIGH GRADE SORTING OF ORE: This photo shows the limited number of employees hand sorting out the exceptionally high grade ore being transported from the mine. Only the highest grades of visible gold ore were hand picked off of the conveyor belt and shipped out for processing. The mine had taken out all processing equipment after World War I due to high taxation. The gold ore stockpile was created by using a small mining train that traveled about 1/4 mile uphill from the sorting facility and dumped along the mountainside for future processing. The round-trip for stockpiling was about 1/2 mile and the volume of ore that was stored now looms over the local area. Since the hand sorting crew wore thick gloves and the speed of the conveyor belt moved exceptional specimens right past the sorting crew, substantial volumes of exceptionally high grade ore was subsequently transported out to the stockpile. STOCKPILE PHOTO: CONTACT: President of Tonko Mining Company, Inc. -------------------- Annual Dues Paying Member Since 2008
Tonko Mining Company "Some day this crater is going to be a greatly talked about place, and if the above credit is due, as is certainly the case, I would like to have it generally known for the sake of the children." Daniel Moreau Barringer 2/1/1912 in a letter about the Barringer Meteorite Crater, Arizona USA |
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Shovel Buster! ![]() ![]() ![]() Group: Members Posts: 100 Joined: 24-May 15 Member No.: 120,476 ![]() |
I didn't realize that two "PG"s could strike so many nerves.
I know that Mr. Tonko is fully aware of this, so I'll leave this bit of information as my last post for those not fully familiar with the rules for association placers. The U.S. mining laws permit a single claimant to claim up to 20 acres as a placer claim. An association of individuals can claim up to 20 acres for each one in the association with a maximum of 160 acres claimed by 8 individuals. Should the association decide to sell their possessory right to the surficial minerals, a single person or corporation can be the buyer. However, the discovery of a locatable mineral must be proved prior to the transfer. In the past, what constituted a discovery of a locatable mineral was the "prudent man" test. Today, that standard has been replaced with an economic standard. In other words, the deposit must be economic, which also means that it is dependent upon the price of the valuable mineral at the time the discovery is to be proven. In the past, it was more economic to claim placer ground as association placers. The association only had to pay a "single" maintenance fee. Now the BLM charges $155 times each 20 acres in the placer. So for a 160 acre association placer the current maintenance fee is $1240. If the old system had not been changed it would be only $155. Cheers to all and best of luck with your sale Mr. Tonko. |
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Lo-Fi Version | Time is now: 17th June 2024 - 07:14 AM |