Common use of Assessment Work and Mining Claim Maintenance Fees Clause in Contracts

Assessment Work and Mining Claim Maintenance Fees. Lessee shall perform all required assessment work on, pay all claim maintenance fees and make such filings and recordings as are necessary to maintain title to the Royalty Property in accordance with applicable federal and state laws and regulations. Lessee shall perform the annual assessment work, pay the mining claim maintenance fees and file and record proof of performance and payment and notice of intent to hold the mining claims which constitute the Property.

Appears in 4 contracts

Samples: Purchase Agreement (Idaho North Resources Corp.), Purchase Agreement (Idaho North Resources Corp.), Exploration and Mining Lease and Option to Purchase Agreement (Idaho North Resources Corp.)

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