Examples of Exploration Licenses in a sentence
The Company’s aim is to maximise shareholder value through exploration, discovery and development of complementary opportunities in base and precious metals.Talisman has secured tenements in the Cobar/Mineral Hill region in Central NSW through the grant of its own Exploration Licenses and through a joint venture agreement.
West Coast NewfoundlandThe Corporation is undertaking exploration for oil and natural gas in Western Newfoundland under Exploration Licenses 1070 and 1120.
The earn-in will occur by a staged work program whereby BSE can earn incremental components of interest by drilling on the Company’s lands as follows: Phase I Earning (2013-2014): During this phase BSE will pay 100% of the costs of drilling, testing and completing four wells on the Company’s two Offshore Exploration Licenses #1070 and #1120, to earn BSE a 50% interest of the Company’s interest in these two Offshore Exploration Licenses.
The Company’s aim is to maximise shareholder value through exploration, discovery and development of complementary opportunities in base and precious metals.Talisman has also secured tenements in the Cobar/Mineral Hill region in Central NSW through the grant of its own Exploration Licenses and through separate farm-in agreements.
Phase II Earning (2014-2015): During this phase BSE will pay 100% of the costs of drilling, testing and completing up to eight wells to earn up to an additional 10% of the Company’s interest in these two Offshore Exploration Licenses.
Sinclair has extensive infrastructure and includes a substantial 290km2 tenement package covering more than 80km of strike in prospective ultramafic contact within a 35km radius of existing processing plant and infrastructure.Talisman has also secured tenements in the Cobar/Mineral Hill region in Central NSW through the grant of its own Exploration Licenses and through separate farm-in agreements.
On Sala nr 101, a 7 Ha area has a conflicting claim just West of Finntorpsbrottet.• All the granted Exploration Licenses are in good standing and no known impediments exist on the tenements being actively explored.
Mineral Rights consist of Licenses and Authorizations, which shall be classified as follows: 1- Licenses consist of Exploration Licenses and Exploitation Licenses.
To increase investment in exploration sector, No Basic Customs Duty & Countervailing Duty (CVD) on imports of goods required for exploration & production of hydrocarbon activities is also extended to operations undertaken to Exploration Licenses & Mining Leases issued or renewed before 1st April 1999.
Holders of Exploration Licenses or Authorizations for Quarry Exploration, or any other Person engaging in the Exploitation of Mineral Substances shall pay the specified Mineral Royalties in respect of any Mineral Substances extracted, sold, shipped for sale, or otherwise used by them.