Common use of Mineral Rights Clause in Contracts

Mineral Rights. The Corporation or the Subsidiary holds freehold title, leases, licences, mining claims or other conventional property, proprietary or contractual interests or rights, recognized in the jurisdiction in which the Copperstone Project is located, under valid, subsisting and enforceable title documents or other recognized and enforceable agreements or instruments, sufficient to permit the Corporation or the Subsidiary to explore or exploit (as the case may be) the minerals relating thereto, the property, leases or claims and all property, leases or claims in which the Corporation or the Subsidiary has any interest or right have been validly applied for and, if issued, to the knowledge of the Corporation, issued in accordance with all applicable laws and are valid and subsisting, the Corporation and the Subsidiary have all necessary surface rights, access rights and other necessary rights and interests relating to the Copperstone Project, granting the Corporation and the Subsidiary the right and ability to explore, exploit and mine the mineral resources as are appropriate in view of the rights and interest therein of the Corporation or the Subsidiary and the current state of exploration, with only such exceptions as do not materially interfere with the use made by the Corporation or the Subsidiary of the rights or interests so held and each of the proprietary interests or rights and each of the documents, agreements, leases, instruments and obligations relating thereto referred to above is currently in good standing in the name of the Corporation or the Subsidiary.

Mineral Rights. The Corporation or the Subsidiary holds Company and any applicable Material Subsidiaries hold freehold title, leases, licences, mining claims or other conventional property, proprietary or contractual interests or rights, recognized in the jurisdiction in which the Copperstone Project is Material Properties are located, under valid, subsisting and enforceable title documents or other recognized and enforceable agreements or instruments, sufficient to permit the Corporation Company or the any Material Subsidiary to explore or exploit (as the case may be) the minerals relating thereto, the . All property, leases or claims and all property, leases or claims relating to the Material Properties in which the Corporation Company or the any Material Subsidiary has any interest or right have been validly applied for and, if issued, to the knowledge of the CorporationCompany, issued in accordance with all applicable laws and are valid and subsisting, the Corporation . The Company and the Subsidiary any applicable Material Subsidiaries have all necessary surface rights, access rights and other necessary rights and interests relating to the Copperstone ProjectMaterial Properties, granting the Corporation Company and the Subsidiary any applicable Material Subsidiaries the right and ability to explore, exploit and mine the mineral resources as are appropriate in view of the rights and interest therein of the Corporation Company or the any Material Subsidiary and the current state of exploration, with only such exceptions as do not materially interfere with the use made by the Corporation Company or the any Material Subsidiary of the rights or interests so held and each of the proprietary interests or rights and each of the documents, agreements, leases, instruments and obligations relating thereto referred to above is currently in good standing in the name of the Corporation Company or the any Material Subsidiary.

Mineral Rights. The Corporation or the Subsidiary holds Company and any applicable Subsidiaries hold freehold title, leases, licences, mining claims or other conventional property, proprietary or contractual interests or rights, recognized in the jurisdiction in which the Copperstone Material Project is located, under valid, subsisting and enforceable title documents or other recognized and enforceable agreements or instruments, sufficient to permit the Corporation Company or the any Subsidiary to explore or exploit (as the case may be) the minerals relating thereto, the . All property, leases or claims and all property, leases or claims relating to the Material Project in which the Corporation Company or the any Subsidiary has any interest or right have been validly applied for and, if issued, to the knowledge of the CorporationCompany, issued in accordance with all applicable laws and are valid and subsisting, the Corporation . The Company and the Subsidiary any applicable Subsidiaries have all necessary surface rights, access rights and other necessary rights and interests relating to the Copperstone Material Project, granting the Corporation Company and the Subsidiary any applicable Subsidiaries the right and ability to explore, exploit and mine the mineral resources as are appropriate in view of the rights and interest therein of the Corporation Company or the any Subsidiary and the current state of exploration, with only such exceptions as do not materially interfere with the use made by the Corporation Company or the any Subsidiary of the rights or interests so held and each of the proprietary interests or rights and each of the documents, agreements, leases, instruments and obligations relating thereto referred to above is currently in good standing in the name of the Corporation Company or the any Subsidiary.

Mineral Rights. The Corporation or the Subsidiary holds Company and any applicable subsidiaries hold freehold title, leases, licences, mining claims or other conventional property, proprietary or contractual interests or rights, recognized in the jurisdiction in which the Copperstone Project is Material Projects are located, under valid, subsisting and enforceable title documents or other recognized and enforceable agreements or instruments, sufficient to permit the Corporation Company or the Subsidiary any subsidiary to explore or exploit (as the case may be) the minerals relating thereto, the . All property, leases or claims and all property, leases or claims relating to the Material Projects in which the Corporation Company or the any Subsidiary has any interest or right have been validly applied for and, if issued, to the knowledge of the CorporationCompany, issued in accordance with all applicable laws and are valid and subsisting, the Corporation . The Company and the Subsidiary any applicable subsidiaries have all necessary surface rights, access rights and other necessary rights and interests relating to the Copperstone ProjectMaterial Projects, granting the Corporation Company and the Subsidiary any applicable subsidiaries the right and ability to explore, exploit and mine the mineral resources as are appropriate in view of the rights and interest therein of the Corporation Company or the Subsidiary any subsidiary and the current state of exploration, with only such exceptions as do not materially interfere with the use made by the Corporation Company or the Subsidiary any subsidiary of the rights or interests so held and each of the proprietary interests or rights and each of the documents, agreements, leases, instruments and obligations relating thereto referred to above is currently in good standing in the name of the Corporation Company or the Subsidiaryany subsidiary.