How do i go about securing the rights to my own land if i have found gold? do i have to apply for a mining licence? even i f i do not intend to mine it? but rather in order to protect it from others/?
2006-12-27 14:02:02 · 3 answers · asked by Katie 1 in Science & Mathematics ➔ Earth Sciences & Geology
Mineral rights, mining rights, oil rights or drilling rights, are the rights to remove minerals, oil, or sometimes water, that may be contained in and under some land. In jurisdictions that support such rights they may be separate from other rights to the land.
You need to check your deed and see if you own the mineral rights. Chances are they belong to someone else. If they do it can be a real pain. They will have equal access rights to your land and you won't be able to protect it. Good luck.
2006-12-27 15:05:19 · answer #1 · answered by john h 7 · 0⤊ 0⤋
If you own the surface rights it doesn't mean you own whats underneath. In most places you need a prospectors license which is cheap. Then you have to stake the land properly. Then register the claim at the mining office. Then there is usually an upkeep to keep the claim. You have to do a couple hundred dollars of work on it per year. All this changes by state and province.
2006-12-27 23:08:58 · answer #2 · answered by thorian 2 · 0⤊ 0⤋
I think the rule is that whatever surface property you own, you also own what's under it. So it could be gold or it could be an old gas station which you would have to pay to clean up. I think, depending on where it is, it wouldn't be too tough to find someone to help you in mining it if there is a decent amount of value.
2006-12-27 22:59:21 · answer #3 · answered by JWM WI 3 · 0⤊ 0⤋