Minerals found in loose material like river gravel or sand. 2. Research & Location
These are private property where the owner owns both the minerals and the surface land. Note that there has been a federal moratorium on new patents since 1994, so these can only be bought from private owners. Lode vs. Placer: Lode: Minerals found "in place" (veins or rock).
Before you buy, you must know what rights you are actually acquiring.
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