Common use of Area of Interest Clause in Contracts

Area of Interest. 13.1 If either party or any of its affiliates stakes or otherwise acquires any interest in mineral claims or any other form of mineral tenure (the “AOI Tenure”) located wholly or partly in an area (the “Area of Interest”) within two kilometers from any portion of the Property as it exists at the date of execution of this Agreement, the acquiring party shall forthwith give notice to the other party of such staking or acquisition, the costs thereof and all details in its possession with respect to the nature of the AOI Tenure and the known mineralization thereon. Upon delivery of such notice:

Appears in 1 contract

Samples: Mining Lease (Spartan Gold Ltd.)

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Area of Interest. 13.1 If either party or any of its affiliates stakes or otherwise acquires any interest in mineral claims or any other form of mineral tenure (the “AOI Tenure”) located wholly or partly part in an area (the “Area of Interest”) within two kilometers from any portion of the Property as it exists at the date of execution of this Agreement, the acquiring party shall forthwith give notice to the other party of such staking or acquisition, the costs thereof and all details in its possession with respect to the nature of the AOI Tenure and the known mineralization thereon. Upon delivery of such notice:

Appears in 1 contract

Samples: Option and Mining Claim Acquisition Agreement (Spartan Gold Ltd.)

Area of Interest. 13.1 12.1 If either party or any of its affiliates stakes or otherwise acquires any interest in mineral claims or any other form of mineral tenure (the "AOI Tenure") located wholly or partly in an area (the "Area of Interest") within two kilometers (2) kilometres from any portion of the Property as it exists at the date of execution of this Agreement, the acquiring party shall forthwith give notice to the other party of such staking or acquisition, the costs thereof and all details in its possession with respect to the nature of the AOI Tenure and the known mineralization thereon. Upon delivery of such notice:

Appears in 1 contract

Samples: Agreement

Area of Interest. 13.1 10.1 If either party or any of its affiliates stakes or otherwise acquires any interest in mineral claims or any other form of mineral tenure (the “AOI Tenure”) located wholly or partly party in an area (the “Area of Interest”) within two kilometers 5 kilometres from any portion of the Property as it exists at the date of execution of this Agreement, the acquiring party shall forthwith give notice to the other party of such staking or acquisition, the costs thereof and all details in its possession with respect to the nature of the AOI Tenure and the known mineralization thereon. Upon delivery deliver of such notice:

Appears in 1 contract

Samples: Agreement (Canyon Copper Corp.)

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Area of Interest. 13.1 8.1 If either party or any of its affiliates Affiliates stakes or otherwise acquires any interest in mineral exploration claims or any other form of mineral tenure claim (the “AOI TenureClaim”) located wholly or partly in an area (the “Area of Interest”) within two kilometers eight (8) miles from any portion of the Property as it exists at the date of execution of this Agreement, the acquiring party shall will forthwith give notice to the other party of such staking or acquisition, the costs thereof and all details in its possession with respect to the nature of the AOI Tenure Claim and the known mineralization thereon. Upon delivery of such notice:

Appears in 1 contract

Samples: Option Agreement

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