Nevada Stipulation of Ownership of Mineral Interest of Mineral Ownership in Specific Lands

State:
Multi-State
Control #:
US-OG-623
Format:
Word; 
Rich Text
Instant download

Description

This form is used when the parties each own undivided interests in the mineral estate in the following lands, and a question has arisen among the parties as to each of their undivided interest in the mineral estate in the Lands. In this form, the parties declare, stipulate, acknowledge, and establish of record each of their ownership interest in the mineral estate in the lands.

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FAQ

In the rocky sediment of Nevada's deserts Nevada currently produces almost 75 percent of the annual U.S. gold yield. While this is primarily through professional mining, the state still allows people to recreationally pan?or more frequently, metal detect?for pieces of gold on publicly owned land.

The tools to get started are simple?a gold pan and a shovel. That's it. A few more accessories make it easier. Of course, you'll also want a little vial for your finds!

To locate your mineral rights records, begin at the county recorder's office. The legal description of the property should be in county deed books. You can specifically search the book and page where the property is located if you have a take-off.

You want to look for signs of gold like black sands, pyrite and small quartz, as these are all usually good indicators of gold being in the area. Garnets may also be present, often appearing in many shades of colors including red, orange and pink!

The Carlin Trend, part of what is also known as the Carlin Unconformity, is 5 miles (8 km) wide and 40 miles (60 km) long running northwest?southeast, has since produced more gold than any other mining district in the United States.

The Mining Law of 1872 (hereinafter "fining Law") allows miners to locate and patent lode and placer mining claims, subject to certain restrictions regarding the size of the claims.

In the United States, landowners possess both surface and mineral rights unless they choose to sell the mineral rights to someone else. Once mineral rights have been sold, the original owner retains only the rights to the land surface, while the second party may exploit the underground resources in any way they choose.

If you know where to look, it's not hard to find gold in Nevada County rivers. Some of the most accessible gold panning locations are on the South Yuba River at Bridgeport, Edwards Crossing and Washington, and on the Middle Yuba River at Oregon Creek.

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Nevada Stipulation of Ownership of Mineral Interest of Mineral Ownership in Specific Lands