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How long can you own a gold claim?

A claim gives the holder an exclusive right to explore for minerals on the land it covers, and is good for an initial three-year period, with possible renewals.

How does a mining claim work?

A mining claim is a parcel of land for which the claimant has asserted a right of possession and the right to develop and extract a discovered, valuable, mineral deposit.

Do mining claims expire in Ontario?

When your mining claim expires or is terminated, you must remove all buildings or structures on Crown land within 6 months of the expiry or termination of the unpatented mining claim. If the unpatented mining claim is transferred, you must transfer ownership of buildings to the new claim holder by written agreement.

Can you still stake a claim in Canada?

Anyone 18 years or older can stake a claim for themselves, a corporation or another person. There is no requirement for Canadian citizenship or Yukon residency. Corporations wanting to hold claims, or do other business related to claims, must be registered with the Government of Yukon Corporate Affairs.

What is the difference between a lode claim and a placer claim?

Placer Claim: rock not in original place (river sands or gravel); may not exceed 20 acres per individual claimant, up to 160 acres maximum. Lode Claim: veins, ledges, or other rock in place; not to exceed 1500 ft. by 600 ft. or 20.66 acres.

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