Mining Activities. The Company may, during the term this Agreement is in full force and effect, carry out the following activities on the Land in Occupation (the "Mining Activities"): any and all works and activities carried out to (a) identify mineral deposits and to quantify mineral reserves to determine the economic feasibility of their recovery; (b) prepare and develop the area comprising the mineral deposit to recover and extract minerals described in s.4 of the Mining Act ("Minerals") and (c) refine, treat, sell and market Minerals, including, without limitation:
Mining Activities. (a) Prior to the date hereof, the Sellers have delivered to Buyer a copy of the Company’s most recent full report of the reserve estimates of all Minerals mined in the Business prepared by the Business’s staff geologists, mining engineers and the team responsible for reserve affairs (the “Mineral Report”). To the Sellers’ Knowledge, the reserve estimates of each Mineral contained in the Mineral Report are consistent, in all material respects, with Parent’s consolidated audited financial statements as of and for the year ended December 31, 2015 (including the notes thereto) set forth in Parent’s Annual Report on Form 20-F for the year ended December 31, 2015 and filed with the SEC, other than with respect to reserves mined since December 31, 2015.
Mining Activities. All mineral exploration activities on the properties of the Company and the Subsidiaries conducted by the Company and the Subsidiaries and, to the knowledge of the Company, by any other person have been conducted in all material respects in accordance with good mining and engineering practices and all applicable workers’ compensation and health and safety and workplace laws, regulations and policies have been duly complied with except where the failure to so conduct operations could not reasonably be expected to have a Material Adverse Effect on the Company on a consolidated basis.
Mining Activities. 5.1 Should the Optionee exercise the Option, then Tan Range shall be entitled to the Royalty on the terms and condition of the Royalty Agreement attached as Schedule “C,” to which they agree to be bound. The Royalty shall be in addition to all other compensation provided hereunder.
Mining Activities. Should the Optionee exercise the Option, then Tan Range shall be entitled to the Royalty on the terms and condition of the Royalty Agreement attached as Schedule “C,” to which they agree to be bound. The Royalty shall be in addition to all other compensation provided hereunder. · The Optionee shall have the absolute discretion as to the manner in which Commercial Production shall be achieved, provided, however, that if the Mine is producing at a rate of less than 50,000 Gold Ounces on or before the eighth anniversary of the Effective Date, then the Optionee shall pay to Tan Range a sum equal to US$X, where X equals the result when the Gold Ounces are deducted from 50,000 and then multiplied by US$25. · The Optionee shall use its best endeavours to keep the Property free and clear of all third party miners. ·
Mining Activities. The EXPLORATION COMPANY will be entitled to conduct, over the mining lots protected by the Mining Concessions, all activities required to identify mineral deposits and the quantification and evaluation of economically viable reserves that might be contained therein, including, without limiting the general character of the foregoing, the following activities (henceforth the “Mining Activities”):
Mining Activities. The primary purpose of this Lease Agreement is to allow Deer Trail access to the Claims to conduct an extensive preproduction feasibility study and to analyze the potential of the Claims. Deer Trail agrees to perform all work in a thorough and workmanlike manner, to keep underground workings securely timbered, drained, and clear of loose rock and rubbish, to properly dispose of loose rock outside the mine, to comply with all mining and environmental laws, rules and regulations. Deer Trail’s activities shall include preproduction feasibility study and underground mining of the present working improvements of the Claims. Deer Trail agrees that there will be no surface mining or bulk mining on the Leased Premises. Deer Trail shall conduct its activities in such a manner that no more than five (5) acres of surface area at the leased premises are disturbed. Deer Trail shall pay any and all costs incurred by Deer Trail or Xxxxxxx in the nature of penalties, damages, reclamation costs or other costs or expenses if five (5) or more acres of the Leased Premises surface area are disturbed. Any areas disturbed by Deer Trail will be brought back to a good state during the term of this Lease Agreement. No jigging or other on site processing of ore shall occur on the Leased Premises without Xxxxxxx’x prior written consent. Deer Trail shall present any new mining plans developed from Deer Trail’s activities to Xxxxxxx for approval, which approval shall not be unreasonably withheld, prior to Deer Trail’s implementation of any new mining plan. Xxxxxxx will retain the surface rights to the entire Leased Premises, but Deer Trail may utilize the ground surface within two hundred (200) feet of each portal and such additional ground as is reasonably necessary and agreeable between the parties for exploitation of the mineral resources found. Deer Trail reserves the right to utilize the Crown Point adit to drill off the 8600 area of the Deer Trail Mine. This may include expanding the adit as well as drilling. During the first year of the term of this Lease Agreement, Deer Trail agrees to:
Mining Activities. IC has never brought a mining property into commercial production or carried on an active mining operation pursuant to which it remains obligated or liable in any manner.
Mining Activities. Except in connection with Construction Activities approved by the Architectural Standards Committee, no Mining Activities (as defined below) shall take place on any portion of the Property. For purposes of this subsection LL, the term “Mining Activities” shall mean and refer to the exploration for, development, extraction, dredging or removal of oil, gas, rock, stone, gravel, sand or any other minerals or materials found in, on or under any portion of the Property, whether by surface, strip or subsurface activities.
Mining Activities. There shall be no excavation within 100 feet of roadways or 25 feet of property lines, and a minimum screening berm height of 10 feet shall be maintained along Post Road and Rilands Road to serve as a visual and noise buffer.
