Prospecting Licences definition

Prospecting Licences means prospecting licences numbered 70/258 and 70/260;

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Prospecting Licences means the Tanzanian prospecting licences (PL No.11852-2022, PL No.11853-2022, PL No.1854-2022, PL No.11855-2022 and PL No.11856-2022) issued to and held by the Company.

Prospecting Licences means Prospecting Licence numbers PL 95/2019, PL001/2006, PL002/2006, PL003/2006, PL004/2006, PL005/2006, PL098/2005, PL099/2005, PL100/2005, PL101/2005, in each case issued by the Minister of Mineral Resources, Green Technology and Energy Security in favour of KCM and DCB pursuant to the Mines and Minerals Act [Cap 66:01];

Examples of Prospecting Licences in a sentence

The Closing is conditional upon the Purchaser concurrently closing on acquisition of the Other Prospecting Licences.
So far as the Borrower is aware there are no facts or matter in existence that could reasonably be expected to delay the issuance and/or granting of the Prospecting Licences and/or the EIA Certificate to TNCL or cause the Prospecting Licences to be issued and/or granted with onerous provisions, conditions, restrictions or similar.
Such re-assignment shall be in the form of a Transfer to the OWNER of any of the applicable Prospecting Licences that are Held Prospecting Licences and an assignment to the OWNER of B▇▇▇'▇ interest in any Underlying Agreement that is applicable to the relinquished Prospecting Licence irrespective of whether it is a Held Prospecting Licence or an Untransferred Prospecting Licence.
We understand that Xtra-Gold owns a 100% interest in the Concessions which are currently in the form of Prospecting Licences.
B▇▇▇ shall re-assign the applicable Relinquished Prospecting Licences to the OWNER as provided in clause 9.4 promptly after giving each Retention Notice.
The Prospecting Licences, subject to the Underlying Agreements, give the OWNER the exclusive right to prospect for metalliferous and certain other minerals within the areas covered by the Prospecting Licences.
B▇▇▇ shall have no obligation to make any such payments to the OWNER in respect of any other mine that B▇▇▇ might construct on the Properties covered by any of the Retained Prospecting Licences.
The Owner own certain mineral claims legally and beneficially free of any encumbrances and located in the ▇▇▇▇▇▇▇▇▇ Mineralfield in Western Australia and more particularly described on the attached Schedule “A” and known as the ▇▇▇▇▇▇ ▇▇▇▇▇ Prospecting Licences (collectively the “Property”).
Thereafter, all Prospecting Licences that are not relinquished by B▇▇▇ pursuant to Article 9 of this Agreement (excepting clauses 9.2 and 9.3 that would then no longer be applicable) shall be deemed to be Retained Prospecting Licences.
B▇▇▇ may at its discretion determine areas covered by the applicable Prospecting Licences that must be relinquished as a condition for obtaining such renewals or conversions.

More Definitions of Prospecting Licences

Prospecting Licences means those prospecting licences listed in Annexure C (and, where the context requires, a prospecting license granted pursuant to a Prospecting Licence Application) and includes all other mining tenements granted or applied for under the Mining Act upon renewal or in substitution, variation or extension thereof.

Prospecting Licences the Prospecting Licences described in Exhibit A, including Held Prospecting Licences and Untransferred Prospecting Licences, and renewals and conversions thereof, and any prospecting licences, retention licences, or mining licences issued in replacement or substitution of such Prospecting Licences.

Prospecting Licences means the prospecting licences granted to the BMM Seller in respect of:

Prospecting Licences means together the Crown Prospecting Licence and the DETI Exploration Agreement.

Prospecting Licences means the prospecting licences listed in file path 7.

Prospecting Licences shall have the meaning given to such term in the T1B Agreement;