Mineral Leasing. In the event of repeal or substantial change in the Mining Law of 1872, Lessee shall have whatever rights may be afforded to Owner under the new laws, including (but not limited to) whatever preferred right Owner may have to a lease from a governmental agency, subject to the payment to Owner of the royalties prescribed in Section One.
Appears in 5 contracts
Samples: Exploration Agreement With Option for Joint Venture (Luna Gold Corp), Mining Lease (MAGELLAN GOLD Corp), Mining Lease (Miranda Gold Corp)
Mineral Leasing. In the event of repeal or substantial change in the Mining Law of 1872, Lessee shall have whatever rights may be afforded to Owner under the new laws, including (but not limited to) whatever preferred right Owner may have to a lease from a governmental agency, subject to the payment to Owner of the production royalties prescribed in Section One.
Appears in 4 contracts
Samples: Mining Lease (Gold Run Inc.), Mining Lease (Gold Run Inc.), Mining Lease (Little Squaw Gold Mining Co)
Mineral Leasing. In the event of repeal appeal or substantial change in the Mining Law of 18721572, Lessee shall have whatever rights may be afforded to Owner under the new laws, including (but not limited to) whatever preferred right Owner may have to a lease from a governmental agency, subject to the payment to Owner of the royalties prescribed in Section One.
Appears in 1 contract
Samples: Mining Lease (MAGELLAN GOLD Corp)
Mineral Leasing. In the event of repeal or substantial change in the Mining Law of 1872, Lessee shall have whatever rights may be afforded to Owner Owners under the new laws, including (but not limited to) whatever preferred right Owner Owners may have to a lease from a governmental agency, subject to the payment to Owner Owners of the royalties prescribed in Section One.
Appears in 1 contract
Samples: Mining Lease With Option to Purchase (Piedmont Mining Company, Inc.)
