Common use of TAILINGS AND RESIDUE Clause in Contracts

TAILINGS AND RESIDUE. Tailings and other residue resulting from the milling or other beneficiating of ores produced from the Leased Premises and subsequently utilized in mining operations shall be the sole and exclusive property of Lessee prior to termination of this lease. Tailings and other residue remaining underground in the Leased Premises shall become the property of the Lessor upon termination of this lease.

Appears in 5 contracts

Samples: Mining Lease (Apd Antiquities, Inc.), Lease Patented And (Apd Antiquities, Inc.), Mining Lease (Apd Antiquities, Inc.)

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TAILINGS AND RESIDUE. Tailings and other residue resulting from the milling or other beneficiating of ores produced from the Leased Premises and subsequently utilized in mining operations shall be the sole and exclusive property of Lessee prior to and after termination of this lease. Tailings and other residue remaining underground in the Leased Premises shall become the property of the Lessor upon termination of this lease.

Appears in 1 contract

Samples: Purchase and Sale Agreement (New Jersey Mining Co)

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