Exploration and Option Agreement definition

Exploration and Option Agreement means the Exploration and Option Agreement dated April 28, 2010 as amended, entered into between the Company and Vior in respect of a portion of the Douay Gold Project;
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Exploration and Option Agreement means the exploration and option agreement between Cerro Vanguardia Sociedad Anonima, Estelar Resources Limited and Exeter Resource Corporation dated December 20, 2003;
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Exploration and Option Agreement means the exploration and option agreement dated April 1, 2011, as amended on June 4, 2012 and August 21, 2012, between Utah Alunite and SITLA.
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Examples of Exploration and Option Agreement in a sentence

  • In March 2021, BeMetals entered into a Joint Exploration and Option Agreement (the “JOGMEC Agreement”) with Japan Oil, Gas and Metals National Corporation that provides an initial investment of US$1.5 million for money-in-the-ground exploration at the Pangeni Copper Project with additional ongoing pro-rata contributions.

  • Under the terms of the Exploration and Option Agreement, the Company has a 180-day period to evaluate the Short Grass Property.

  • Proposals within an area subject to an Exploration and Option Agreement with The Crown Estate should not be supported unless it is demonstrated that the other development or activity is compatible with aggregate extraction.

  • Pursuant to the terms of an Exploration and Option Agreement, dated August 29, 2008, as amended (the “Cordero Option Agreement”), with Exploraciones del Altiplano, S.A. de C.V. (“Altiplano”) the Company may acquire up to a 100% interest, subject to a 2% net smelter royalty (“NSR”) in the Cordero Property.

  • On May 15, 2014 Razore Rock served notice that it has terminated the Oxford Lake Exploration and Option Agreement.

  • By an Exploration and Option Agreement dated December 30, 2003, Estelar obtained the right to acquire a 100% interest in the Cerro Moro, Santa Cruz, Chubut and Rio Negro Projects (comprised of thirty-nine mineral concessions) (the “Properties”), located in Santa Cruz, Chubut and Rio Negro Provinces, Argentina, from Cerro Vanguardia (“CVSA”) by making cash payments of US$100,000 (paid) and incurring US$3.0 million (incurred) in exploration expenditures.

  • The mining venture with Centerra was terminated in 2012 and Tonogold’s ownership interest in the project is now 100% subject to the terms of the leases.Concurrent with the signing of the Exploration and Option Agreement, the terms of the mining lease with Tonopah Divide Mining Company have been amended per the following terms.

  • The agreement required a $30,000 payment at signing and a rental payment of $10,000 per month starting April 1, 2006.On March 14, 2008, the Company signed an Exploration and Option Agreement with Centerra (U.S.), Inc., a subsidiary of Centerra Gold, Inc.

  • MTSA executed an Exploration and Option Agreement on 22 July 2008 to purchase the from Minera Rio Tinto S.A. de C.V. (“MRT”), Principal Sr. Mario Ayub of Chihuahua, Mexico.

  • The Company elected not to contribute to the 2010 and 2011 exploration programs and its ownership interest was reduced to 27.98%.The mining venture’s formal operating agreement was signed on March 17, 2011.Concurrent with the signing of the Exploration and Option Agreement, the terms of the mining lease with Tonopah Divide Mining Company have been amended per the following terms.


More Definitions of Exploration and Option Agreement

Exploration and Option Agreement means the agreement to be granted by Party A to the Joint Venture Enterprise (as hereinafter defined) where in Party A gives the Joint Venture Enterprise an irrevocable right for a term of 3 years to firstly, exclusively carry out exploration of the Exploration Licenses on the Property and the Areas of Mutual Interest and secondly, acquire such of the Exploration Licenses described in this section that Party B determines, in its sole discretion, is economically viable as a mining project in accordance with the terms set out Appendix B to this Contract.
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Related to Exploration and Option Agreement

  • Put Option Agreement has the meaning set forth in the recitals.

  • Foundation Agreement means the agreement dated the 20th February 1985 made between the Trustee, the Manager, Xxxxxxxx, Genting WA and Tileska providing for the subscription of Units and Options;

  • Collaboration Agreement has the meaning set forth in the Recitals.

  • Termination Agreement has the meaning set forth in the Recitals.

  • Transition Agreement means the Transition Power Sales Agreement dated as of November 24, 1998, by and between Seller, Southern Energy, Southern Energy Bowline, L.L.C. and Southern Energy Xxxxxx, L.L.C.

  • Development Agreement has the meaning set forth in the Recitals.

  • Formation Agreement has the meaning attributed to it in Recital A;

  • Consulting Agreement means any written or oral agreement to retain the services, for a fee, of a consultant for the purposes of (A) providing counsel to a contractor, vendor, consultant or other entity seeking to conduct, or conducting, business with the State, (B) contracting, whether in writing or orally, any executive, judicial, or administrative office of the State, including any department, institution, bureau, board, commission, authority, official or employee for the purpose of solicitation, dispute resolution, introduction or requests for information or (C) any other similar activity related to such contracts.

  • Stock Option Agreement means the agreement between the Company and an Optionee that contains the terms, conditions and restrictions pertaining to the Optionee’s Option.

  • Mediation agreement means a written agreement between the parties to a mediation meeting.

  • Implementation Agreement means the Implementation Agreement dated ……… by and between the GOB, PGCB and the Company in connection with the Project, and also includes any amendment of it made from time to time;

  • Consulting Agreements has the meaning set forth in the Recitals.

  • Cooperation Agreement means that certain Mortgage Loan Cooperation Agreement, dated as of the Closing Date, among Borrower, Lender and Sponsor, as the same may from time to time be amended, restated, replaced, supplemented or otherwise modified in accordance herewith.

  • Technology Transfer Agreement has the meaning given in Section 2.2(e).

  • Diversion agreement means a mechanism designed to hold a child accountable for his or her behavior and, if appropriate, securing services to serve the best interest of the child and to provide redress for that behavior without court action and without the creation of a formal court record;

  • Development Agreements means all development, utility or similar agreements included in the Permitted Encumbrances.

  • Redevelopment Agreement means an agreement between the

  • Non-Competition Agreement has the meaning set forth in Section 2.1 of this Agreement.

  • Master Separation Agreement has the meaning set forth in the recitals.

  • Acquisition Agreements means the Nexstar Acquisition Agreement and the Mission Acquisition Agreement, and “Acquisition Agreement” means the applicable agreement in the context used.

  • New Management Agreement means the management agreement to be entered into between Buyer and the Manager for the operation and management of the Hotel on and after the Closing Date.

  • Novation Agreement means a legal instrument—

  • Co-operation Agreement means the agreement between the Exchange and Oslo Børs with regards to the access to the Linked Order Book;

  • Non-Competition Agreements has the meaning set forth in the Recitals.

  • Contribution Agreement means that certain Contribution and Conveyance Agreement, dated as of the Closing Date, among the General Partner, the Partnership, the Operating Partnership and certain other parties, together with the additional conveyance documents and instruments contemplated or referenced thereunder, as such may be amended, supplemented or restated from time to time.

  • Strategic Alliance Agreement means the Strategic Alliance Agreement among the Company, Ciba-Geigy Limited and Ciba-Geigy Corporation, dated as of September 29, 1995, as amended, and any of their respective permitted successors or assigns thereunder. 160 Annex A NOTICE OF GRANT PERFORMANCE ACCELERATED RESTRICTED STOCK UNITS HEXCEL CORPORATION INCENTIVE STOCK PLAN The following employee of Hexcel Corporation, a Delaware corporation (Hexcel) or a Subsidiary, has been granted performance accelerated restricted stock units in accordance with the terms of this Notice of Grant and the Agreement to which this Notice of Grant is attached. The terms below shall have the meanings ascribed to them below when used in the Agreement. ---------------------------------------------------- -------------------------- Grantee ---------------------------------------------------- -------------------------- ---------------------------------------------------- -------------------------- Address of Grantee ---------------------------------------------------- -------------------------- ---------------------------------------------------- -------------------------- Employee Number ---------------------------------------------------- -------------------------- ---------------------------------------------------- -------------------------- Employee ID Number ---------------------------------------------------- -------------------------- ---------------------------------------------------- -------------------------- Foreign Sub Plan, if applicable ---------------------------------------------------- -------------------------- ---------------------------------------------------- -------------------------- Grant Date December 2, 1999 ---------------------------------------------------- -------------------------- ---------------------------------------------------- -------------------------- Aggregate Number of PARS Granted ---------------------------------------------------- --------------------------