Common use of Right to Explore Clause in Contracts

Right to Explore. Following the execution of this Agreement, Xxxxx shall have the right to make geological investigations and surveys, to drill on the Surface by any means, and to have all the rights and privileges incident to Owner's ownership of the Mineral Property. However, Xxxxx shall not commence development or mining operations on the Mineral Property unless it has executed the option to purchase the Mineral Property in accordance with Section 2 above.

Appears in 4 contracts

Samples: Mineral Purchase Option and Lease Agreement (Delta International Mining & Exploration Inc), Mineral Purchase Option and Lease Agreement (Delta International Mining & Exploration Inc), Mineral Purchase Option and Lease Agreement (Delta International Mining & Exploration Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!