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:
(a) the access and establishment of easements,
(b) the use, change and rehabilitation of roads, paths or ways existing on the Land in Occupation in order to transport personnel, machinery, tools, Minerals or any other goods,
(c) the construction of any building or structure, the execution of any exploration work such as, geological reconnaissance, sampling of rocks, soil, sediments and minerals, metallurgical testing, geological and geophysical mapping, trenching and other supporting exploration work, drilling and underground developments of any nature, construction of tunnels and other underground work,
(d) the use of water and the acquisition of water rights concessions, including the installation of water pipelines, electricity cables and the construction of any structure or building intended for the conduction of water or electricity,
(e) the construction, extension, setting up or dismantling of campsites, dorms, warehouses, shops, offices and facilities to carry out the activities of the Company,
(f) the construction of drilling pads and drilling of any kind; surveys of any area within the Land in Occupation,
(g) the evaluation of the economic feasibility to mine Minerals,
(h) mine construction on any portion of the Land in Occupation,
(i) the mining removal, treatment, recovery, extraction and refining of Minerals
(j) the sale and marketing of Minerals, and
(k) the execution of any additional activity deemed by the Company to be necessary, appropriate or incidental to the above.
2.1. The Property Owner may continue with his agricultural activities within the area of the Land in Occupation, as long as the execution of such activities do not interfere in any manner whatsoever with the execution of the Mining Activities by the Company.
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. (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.
(b) Prior to the date hereof, the Sellers have delivered to Buyer a copy of the Company’s most recent (i) feasibility report for each of the ongoing (but not yet completed) and planned (but not yet commenced) material projects of the Business set forth on Section 3.10 of the Sellers Disclosure Schedules (such projects, the “New Projects”), (ii) management’s plans of implementation for each such New Project, (iii) environmental related reports (if such reports exist) concerning each of the Facilities and the New Projects and (iv) material closure plans for any of the Facilities, if applicable; in each case, as prepared by Business Employees with relevant knowledge in such area of operations (such items referred to clauses (i), (ii), (iii) and (iv) together with the Mineral Report, the “Reports”).
(c) Since January 1, 2011, the Sellers and the members of the Company Group have complied with their respective obligations under the Mining Normative Rules and have not been notified by any relevant Governmental Authority of any violation of the Mining Normative Rules, and, to the Sellers’ Knowledge, there are no facts or circumstances that would be reasonably likely to give rise to any such notification or violation, in each case except as have not had, or do not constitute, a Company Material Adverse Effect. For the purposes of this paragraph, “Mining
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. 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. 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. 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. 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”):
(a) The construction of any kind of buildings; geological studies, sampling of rock, soil, sediments, and minerals in order to accomplish metallurgic tests; geological and geophysical mapping; construction of ditches and any other workings to support the exploration operation; diamond drilling, developments and drilling of any other kind; and the construction of mine drifts, shafts, and adits;
(b) The access, temporary occupation or construction of right-of-ways; construction of access roads, office areas and workshops, and in general, the construction of any installation, building or structure necessary in its judgment to fulfill said objectives;
(c) The full use of water for all exploration work and labour, and for domestic use of the personnel hired for this purpose; the installation of water pipe, electric lines or any structure or construction designed for the conduct of the same.
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:
a. Survey each adit and conduct a survey to tie in the adits, leaving permanent survey stations near each portal for future reference. All reports, including maps, will be delivered to Xxxxxxx within one month of completion.
b. Map the surface around the adits, both topographically and geologically.
c. Geologically map each adit, and sample the walls and/or backs of each adit, where appropriate ...
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.
