DENVER
06/01/2010 05:12 am ET | Updated May 25, 2011

Notorious Land Developer Tom Chapman Strikes in the Heart of Bear Creek

TELLURIDE -- Tom Chapman, a real estate speculator notorious for his involvement in controversial land trades with the federal government, has purchased mining claims in the Upper Bear Creek Basin, closing public access to parts of popular backcountry ski and hiking routes, effective immediately.

The Gold Hill Development Company in which Chapman is a partner, purchased three contiguous claims, the Modena, Gertrude and Little Bessie Lodes that run west from Delta Bowl, as well as a half interest in the separate Euclid Avenue Lode, last Friday, March 26, for $246,000, according to a public records search.

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