Replies to post #16891 on RemSleep Holdings Inc (RMSL)

[Funaboard]

Cracker Creek Gold Mine is a Patented Mining Claim

http://goldandsilvermines.com/patented.htm

Scroll down to see #L1615

Quote:
With regular placer, lode, or dredge claims the claim holder has the right to mine the minerals but does not hold title to the property. However Patented Mining Claims include the deed to the property. In order to be patented, significant mineral values were proven to exist on the property, or the patented status would not have been granted. When you own a patented property you own the minerals and the land. Unlike mining claims, permanent structures can be built on patented properties, and the land can be divided and sold like deeded real estate. Depending upon when the Patented status was granted, many local and federal laws do not apply to Patented claims. For all of these reasons Patented mining properties are preferred and command higher prices than mining claims.


Thanks TinkerBelle