Up Front Payments for Gold Mining Claims

(Lisa G.)

Whoa....now if this damn Iraqi dinar would revalue, I'd buy all 10 plots! I'm most interested in seeing what upfront payments are involved here.... I know how to find gold!

Stan's response: The only up front payment is the $10,000 sub-lease fee per 2-hectare parcel. This payment is put in escrow for 60 days. If either party to the agreement is not satisfied with the other party within 60 days, the sub-lease agreement will be canceled and the fee will be returned to the operator.

The other "upfront payment" would be the acquisition of your own mining equipment and supplies.