Sunday, December 11, 2011

Land Grants: "Huge swath of Nevada desert targeted for minerals"

"Huge swath of Nevada desert targeted for minerals" by MARTIN GRIFFITH, © Associated Press, 12/10/2011. (News Article)

"A huge swath of northern Nevada high desert, a non-contiguous stretch about the size of Rhode Island ... purchased 483,000 acres of land, as well as mineral rights to another 800,000 acres, for $31 million from Pico Holdings Inc. of La Jolla, Calif. With 85 percent of Nevada owned by the government, the 1.28 million acres—stretching along Interstate 80 from Reno to the Utah line—involved in the transaction represents 12 percent of privately-owned land in the state ... " [More]

[Courtesy Google Alerts.]