Prospecting Licences definition

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

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 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.

Examples of Prospecting Licences in a sentence

• Ilunga, Gap and Kwaheri (known as the Makongolosi projects), Tanzania On January 9, 2007, the Company signed an option agreement with Dhahabu Resources and Mining Co. Ltd (“Dhahabu”), a private Tanzanian mining company, through which the Company has earned a 100% interest in three contiguous Prospecting Licences known as Ilunga, Gap and Kwaheri that are within the Lupa Goldfields in southwest Tanzania.

• The Act has introduced new procedures on renewal of Prospecting Licences (PL’s) that now involves a tender process.

• The Company, through its wholly-owned Tanzanian subsidiary, Spring Take Limited (“STL”), was granted four Prospecting Licences (“PLs”) by the Ministry of Energy and Minerals in the United Republic of Tanzania, Africa.

• Mining Leases cover a smaller area of land than Reconnaissance Permits and Prospecting Licences, but a company with a Mining Lease is likely to do much more extensive work than during the other phases.

• Tanzania Project During 2015 and 2016, the Company, through its wholly-owned subsidiary, STL, was granted a total of four Prospecting Licences (“PLs”) by the Ministry of Energy and Minerals in the United Republic of Tanzania, Africa for exploration in the Dodoma Region in east-central Tanzania.

• The minimum expenditure commitment is set out in the Prospecting Licences held by the Group.

• The Mining Act 2011, (which replaced the previous Mining Act 1998), introduced new procedures on renewal of Prospecting Licences (PL’s) that involves a tender process.

• On June 23, 2016, DGL was granted DfE Prospecting Licences for DG5 and DG6 with a commencement date of June 1, 2016 and expiry date of May 31, 2022.

• Prospecting Licences and Mining Leases of other minerals :- The applications received for grant of prospecting licences or mining leases within the area granted under reconnaissance permit for minerals other than those for which the permit has been granted, shall not be refused on the grounds that the area is not available for grant.

• The Company, through its wholly-owned Tanzanian subsidiary, Spring Take Limited (“STL”), has been granted four Prospecting Licences (“PLs”) by the Ministry of Energy and Minerals in the United Republic of Tanzania, Africa.

More Definitions of Prospecting Licences

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];

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 7.1.11.4 of the VDR, as shown at the date of this Agreement on the Tanzania Mining Cadastre portal.

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