The,Nuts,and,Bolts,Staking,Min business, insurance The Nuts and Bolts of Staking a Mineral Claim
Date:2021-01-11 The,Nuts,and,Bolts,Staking,Min business
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Claim staking is the process of claiming a section of landin order to gain the rights to that section of land. This type of service is apart of the mining industry that provides the prospector (a corporation orindividual) the entitlement over the land. This is complete by having fourposts with claim tags on them on each corner of the land that has been staked,such as northeast corner one. Posts are made up of trees or purchased claimposts. Once the claim is built it provides the prospector with the legal rightto apply for the claiming lease that can be registered through the OntarioMinistry of Northern Development and Mining.Government and private land is where most claim stakinghappens. An important thing to realize when staking a claim is that theownership of the land cannot just be surface because it permits any prospect toclaim staking on the land. This can cause conflict because it permits anindividual or company to stake a claim. To avoid conflicts an individual cancontact the ministry, so that they know the claim is being made. Hopefully bytaking the steps above it will help reduce conflicts from happening. It also inreturn will help you claim the stake in order to be entitled for that part ofthe land. To ensure that you are staking a claim properly it isrecommended that you work with a company who is insured, has WSIB, and is ableto help you complete the leasing form. By meeting the required standards itwill help reduce conflicts and legal actions from being taken. Most legalactions happen because the corporation or individual claiming the stake iscrossing the boundary issues by not marking out the stake properly. The most important part of claim staking is making sure thatyou lie out and mark everything properly. It is also important that youcomplete the required documents in order to have your claim registered. Bydoing this it helps reduced future problems when going about this process.Another important part of this is to research the company you are working with,this will help you ensure that your company has the commended requirements forstaking a claim. It will also ensure that you receive the best businesspartners in claim staking.
The,Nuts,and,Bolts,Staking,Min
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