What types of patented gold claims are for sale?


Quick Answer

Types of gold claims for sale include placer, lode, association and individual claims. A moratorium on new patents was enacted by the U.S. Congress in 1995, making it more difficult to find patented claims on the market. Patented claims include the land along with the mineral rights.

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Full Answer

Placer claims grant discovery of gold in loose material such as stream beds. They are referred to as alluvial deposits because the gold is moved by water current. Lode claims give access to gold found in rock veins or lodes. They often involve using heavy equipment. Association and individual claims are concerned with the acreage of the claim. Individuals are allowed up to 20 acres, while larger parcels form an association, with each claimant owning 20 of the acres.

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