Common use of Mineral Leasing Clause in Contracts

Mineral Leasing. In the event of repeal or substantial change in the Mining Law of 1872, Lessee shall have whatever rights may be afforded to Owner under the new laws, including (but not limited to) whatever preferred right Owner may have to a lease from a governmental agency, subject to the payment to Owner of the royalties prescribed in Section One. SECTION SIX

Appears in 4 contracts

Samples: Exploration Agreement With Option for Joint Venture (Luna Gold Corp), Mining Lease (MAGELLAN GOLD Corp), Mining Lease (Miranda Gold Corp)

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Mineral Leasing. In the event of repeal or substantial change in the Mining Law of 1872, Lessee shall have whatever rights may be afforded to Owner under the new laws, including (but not limited to) whatever preferred right Owner may have to a lease from a governmental agency, subject to the payment to Owner of the production royalties prescribed in Section One. SECTION SIX.

Appears in 3 contracts

Samples: Mining Lease – CVN Claims (Gold Run Inc.), Mining Lease (Gold Run Inc.), Mining Lease – Hc Claims (Gold Run Inc.)

Mineral Leasing. In the event of repeal or substantial change in the Mining Law of 1872, Lessee shall have whatever rights may be afforded to Owner under the new laws, including (but not limited to) whatever preferred right Owner may have to a lease from a governmental agency, subject to the payment to Owner of the royalties prescribed in Section One. SECTION SIXSIX --

Appears in 1 contract

Samples: Mining Lease (Miranda Gold Corp)

Mineral Leasing. In the event of repeal or substantial change in the Mining Law of 1872, Lessee shall have whatever rights may be afforded to Owner under the new laws, including (but not limited to) whatever preferred right Owner may have to a lease from a governmental agency, subject to the payment to Owner of the production royalties prescribed in Section One. SECTION SIX

Appears in 1 contract

Samples: Mining Lease (Little Squaw Gold Mining Co)

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Mineral Leasing. In the event of repeal or substantial change in the Mining Law of 1872, Lessee shall have whatever rights may be afforded to Owner Owners under the new laws, including (but not limited to) whatever preferred right Owner Owners may have to a lease from a governmental agency, subject to the payment to Owner Owners of the royalties prescribed in Section One. SECTION SIX

Appears in 1 contract

Samples: Mining Lease (Piedmont Mining Company, Inc.)

Mineral Leasing. In the event of repeal appeal or substantial change in the Mining Law of 18721572, Lessee shall have whatever rights may be afforded to Owner under the new laws, including (but not limited to) whatever preferred right Owner may have to a lease from a governmental agency, subject to the payment to Owner of the royalties prescribed in Section One. SECTION SIX

Appears in 1 contract

Samples: Mining Lease (MAGELLAN GOLD Corp)

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