Lost Swede A 20 Acre Unpatented Placer Gold Mining Claim
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Lost Swede
Operation Type : Placer Mine
Serial Number : MT105296523
Mining Claim Size : 20 Acres
Comodities : Gold, Silver
Price : $3,000
Financing : Up to 6 Months
Deposit : 20%
City : St. Regis
County : Mineral
State : Montana
Zip : 59866
Features and Amenities

Historic Lost Swede

20 Acre Placer Claim - St. Regis District - Mineral County, Montana

The Historic Lost Swede Placer Mining Claim for sale, a 20 Acre Unpatented Placer Mining Claim. The claim is located just outside of Superior, Montana. MT105296523

This is a remote Montana gold mine. The Lost Swede Placer Gold Claim offers impressive mining opportunities. An extensive amount of gravel bars as well as the natural streambed support productive gold recovery. The claim is suited for most types of gold mining activities from panning, sluicing and high-banking to metal detecting, dowsing and more. Big Creek runs through the middle of the claim, provides plenty of year round water for all your mining needs. During surveying gold was easily found in the material by panning. The valley bottom is old river bed material. The higher benches also hold old river bed material. The claim boasts excellent access and does get visitors driving through on the road. The claim was originally surveyed and sampled for rich, free gold deposits in the gravels. There are plenty of areas to camp near this claim. This is a unique claim that is in a valley of old river bed.

There are several fallen giant cedar trees along the creek bank; the root masses of these massive trees are ripe for metal detecting. The creek bed is over 600 feet on this claim and there is water year round. It is likely there is some native silver, sapphires, and possibly some relics to be found on the claim but the primary commodity will be gold. The road to the claim is accessible from May through snowfall, normally late November. The road is maintained and is in very good condition. 4-Wheel drive is not required. This is not a claim to pass up!

Big Creek offers a wealth of gravel bars and hard-packed streambed; ideal spots to high-bank, sluice, metal detect, or pan. It is likely there has been some work done after 1900 based on the remnants and items seen in the area. It is estimated by the surveyors that the claim has been worked intermittently in the early 1900's. No effort to mine for many decades is evident. The gold that you will find on this claim has been washing down from the mines, hills and gulches above and depositing and replenishing the gold on this claim. There is plenty of room to setup your sluice or highbanker and shovel material right next to it or bring it from the wide valley floor that is the old river bed. There is plenty of opportunity here!

There is direct road access to this claim and room for staging, parking and other operations. This is an unpatented mining claim for sale. Mineral rights only for recreational mining. The land is public land. This is not a homestead or land for sale.

The best gold is on bedrock. Big Creek is one of the creeks in the district that was mined by hand in the late 1800's. There is still good gold in the creek, benches and on bedrock on this claim.

The Bureau of Mines has estimated that demonstrated U.S. reserves of gold are 85 million ounces. Approximately one-half of the total resources are estimated to be by-product gold, while 40% of the remaining one-half (56 million ounces) could be mined for gold alone … Most U.S. gold resources are in the nation’s western states. About 80% of the U.S. gold resources are estimated to be in Alaska, California, Idaho, Montana and Washington. (Earthsearch, Inc. 1983)

Overview of the Mines

The Lost Swede Mine is in an area with rich gold mining history. Estimates by Lyden (1948, p. 98-103) suggest that placer production before 1904 may have exceeded 120,000 ounces. But as with all old mines and mining districts in the Western U.S., the old timers NEVER got it all!
We sell a lot of mining claims and everyone tells us how happy they are with them. People first want the gold for the value but once they get out to their own claim they love the freedom they have to work and enjoy the great outdoors. Don't wait, get your own gold mine before it's too late. The Lost Swede mine is located in the northeast quarter of section 32. Lost Swede claim is about 3000 feet in altitude.

While it is sometimes said old mines have been ‘worked out’ as the saying means there is no gold left, the truth is “it is better to say they are worked over; it is also true that the primitive methods used and the wasteful haste to get rich indulged in, left much of the gold in the ground, so that improved methods … will give even better results than those first obtained.” (MBMG Open Report 466)

Details about the Mine:

Access to the Mine You can drive a full size truck to the mine.
Tailing Present Some. Loose gravels in the creek bed of small pebbles to larger boulders. Boulders are great places for the gold to hide. Benches on both sides of the creek are virgin ground.
Depth / Length Over 600 feet of creek bed gravels. 1320 feet side to side with gold bearing benches.
Minerals in the Mine Historically mined for gold. Minerals of sapphire, quartz, pyrite, galena, silver, black sands with rare earth minerals would be expected.
Foot traffic at the mine Some
Last Worked Unknown
Number of Mines 1 Placer
Nearest city with amenities Superior, approximately 16 miles
Access to the Claim A very good dirt road breaks off from the Interstate and runs all the way onto the claim.
Parking and Staging on the Claim Claim is situated so it allows for parking of vehicles if desired.
Resources Year round water, grasses, and trees
Structures on claim None
Elevation Aprox. 3000 feet

Montana is ranked 7th by the USGS for total gold production in the US and has 31 mining districts. Gold production for the 1800’s to 1968 is 17.8 million ounces and large amounts of gold have been mined from 1968 to present. Geologists have predicted that based on the past and the geology of Montana that several large gold and silver deposits will be found and developed in the future (Bergendahl and Koshmann, 1968).

Climate / Weather

USGS Information

Economic information about the deposit and operations

Operation TypePlacer
Development StatusPast Producer
Commodity typeMetallic
Commodities Gold- Primary
Nearby Scientific Data Ravalli group
Rock Type Unconsolidated Deposit > Sand and Gravel
References USGS Database - 10010406, 10107919, 10019049, 10197177

Mining District Information

St. Regis

The St. Regis district is located along the eastern slopes of Bitterroot Mountain range. The area is between the St. Regis River and crest of the Bitterroots and includes the town of St. Regis, a station on the Northern Pacific and Chicago, Milwaukee, and St. Paul Railroads. The district was of some significance from 1920 into the mid-1930s. The lode mines contained gold, silver, copper and lead-bearing ores. Some gold has been recovered from placers along the St. Regis River as well.(Sahinen 1935; Lyden 1948).
The district lies in an area of Beltian rocks, through which the St. Regis River cuts. Northeast of St. Regis the Beltian rocks are quartzites and argillites of the Ravalli group. To the southwest, the shales, slates and impure limestones of the Wallace formation appear as outcrops. Ore deposits occur as placers and veins. Veins carry gold ores and silver, copper and lead ores. Some of the mines have exposed a good grade of sulphide copper ore (Sahinen 1935).
The town of St. Regis lies 14 miles west of Superior, at the confluence of the St. Regis river and the Clark Fork River. The town served as a rail station, as well as a sawmill town and supply center for loggers. The town was already considered as the "old town" by 1910 when a large forest fire forced its temporary abandonment. The town boasted a few notable buildings including Peter Rabbit's saloon and stage station, also called "The Kitchen" (Wolle 1963).
No production information is available on mines in the district prior to 1913, but the Lenora, and St. Lawrence, Oro Fino and Amazon Dixie in the adjacent Denemora district, reported production more or less continuously from 1917 to the mid-1930s (Sahinen 1935; WPA 1941).
Located along the Idaho border, Mineral County was formed in 1914 by a partition of Missoula County. The county derives its name from the diverse array of minerals including lead, copper, zinc, silver, and gold located in its mountainous terrain. The county has a rich historical heritage of mineral discoveries in the late 1800s. Gold and silver were commercially produced from mines located in Mineral County. All gold mined before 1914 from the area now included in Mineral County is credited to Missoula County.
Almost all of the entire gold output in Mineral County came from placer deposits along the creeks that drain the east side of the Bitterroot Mountains and that flow into Clark Fork River.
The gold recovered from the placers was considered to be exceptionally rich, ranging from $19.75 to $20.45 with a standard price of $20.67 per ounce.
In 1875 it was reported that the various drifts were yielding as high as $300 to $600 to a set of timbers, and that about $50,000 in gold was recovered each year from 1871 to 1873. The fineness was reported as ranging from .950 to .982 (Sahinen 1935; Lyden 1948).
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