Common use of Periods for Exploration based on Program Parameters Clause in Contracts

Periods for Exploration based on Program Parameters. Unless the Board of Directors specifies otherwise, the Programs and Budgets shall be prepared to cover the next logical step in the Property and Joint Assets. Each step and proposed Program prior to the completion of a Feasibility Study may or may not correspond to a calendar year.

Appears in 2 contracts

Sources: Joint Venture Contract (Minco Mining & Metals Corp), Joint Venture Agreement (Minco Mining & Metals Corp)