Common use of Exploration Clause in Contracts

Exploration. It is understood and agreed that ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ a duty to take all steps a reasonably prudent operator would take to explore the leased premises for the named material and to delineate the reserves thereof.

Appears in 6 contracts

Sources: Contribution Agreement (USA Rare Earth, LLC), Mining Lease (Tactical Resources Corp.), Mining Lease (USA Rare Earth, LLC)

Exploration. It is understood and agreed that ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ a duty to take all steps a reasonably prudent operator would take to explore the leased premises for the named material and to delineate the reserves thereof.,

Appears in 1 contract

Sources: Contribution Agreement (USA Rare Earth, LLC)

Exploration. It is understood and agreed that L▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ a duty to take all steps a reasonably prudent operator would take to explore the leased premises for the named material and to delineate the reserves thereof.,

Appears in 1 contract

Sources: Mining Lease (Texas Mineral Resources Corp.)