What is included in the purchase of Rosemont Ranch?
Rosemont Copper purchased fee land, patented mining claims and unpatented mining claims* totaling nearly 30,000 acres in or adjacent to the Coronado National Forest in Pima County, about 30 miles southeast of Tucson. Included are fee land parcels referred to as the Rosemont Ranch as well as a 2,760-acre parcel of patented (surface and subsurface) mining claims. Also included are unpatented mining claims (subsurface mineral rights) on about 12,240 acres of public land, administered by the U.S. Forest Service. Leases and water rights for the commercial livestock operation were included. (*Fee land is land not held in trust by the Federal Government for Native-American tribes or tribal members and is generally owned by non-tribal members. Patented mining claims are those that the Federal Government has passed ownership of the land and its minerals to a claimant, making it privately owned land. Unpatented mining claims are those that the Federal Government has passed mineral rights only to
