Sampling and Commingling Sample Clauses

Sampling and Commingling. Payor shall have the right to commingle Minerals and ores from the Property and materials from other properties, provided, that Payor first informs Recipient, in writing, of Payor's intention to commingle and delivers to Recipient a detailed written description of Payor's commingling plan. Recipient shall have ninety (90) days during which to review and comment on Payor's proposed commingling plan. In any and all events, all Minerals and ores shall be measured and sampled by Payor in accordance with sound mining and metallurgical practices for metal and mineral content before commingling of any such Minerals or ores with materials from any other property. Representative samples of materials from the Property intended to be commingled shall be retained by Payor, and assays of these samples shall be made before commingling to determine the metal content of each ore. Accurate records shall be kept by Recipient showing measurements, assays of metal content and gross metal content of the materials from the Property are commingled.
AutoNDA by SimpleDocs
Sampling and Commingling. All Minerals for which a Net Smelter Returns Royalty is payable shall be measured, sampled and analyzed in accordance with the commingling plan approved in accordance with the Agreement to which this Exhibit is attached.
Sampling and Commingling. All Minerals for which a Net Smelter Returns royalty is payable shall be measured, sampled and analyzed in accordance with sound mining and metallurgical practices After such measurement, Grantee may mix or commingle Minerals with ores from properties other than the Property
Sampling and Commingling. Payor shall have the right to commingle Minerals and ores from the Property and materials from other properties, provided, that Payor first informs Recipient, in writing, of Payor’s intention to commingle and delivers to Recipient a detailed written description of Payor’s commingling plan. Recipient shall have ninety (90) days during which to review and comment on Payor’s proposed commingling plan. In any and all events, all Minerals and ores shall be measured and sampled by Payor in accordance with sound mining and metallurgical practices for metal and mineral content before commingling of any such Minerals or ores with materials from any other property. Representative samples of materials from the Property intended to be commingled shall be retained by Payor, and assays of these samples shall be made before commingling to determine the metal content of each ore. Detailed records shall be kept by Recipient showing measurements, assays of metal content and gross metal content of the materials from the Property are commingled. Exhibit A Description of Royalty Property Pershing County, Nevada Description of Unpatented Mining Claims CLAIM NAME NEVADA BLM SERIAL NO. Hi Ho Silver No. 3 799907 Hi Ho Silver No. 5 799908 Hi Ho Silver No. 9 799909 Hi Ho Silver No. 10 799910 Hi Ho Silver No. 11 799911 EXHIBIT C Securities Law Representations & Warrants Made by Seller Accredited Investor. Seller is an accredited investor as defined in Rule 501(a) of Regulation D promulgated under the Securities Act of 1933, as amended (the “Securities Act”).
Sampling and Commingling. All Minerals for which a Gunpoint Royalty is payable shall be measured, sampled and analyzed in accordance with sound mining and metallurgical practices. After such measurement, Buyer may mix or commingle Minerals with ores from properties other than the Talapoosa Property.
Sampling and Commingling. The remaining Member shall have the right to commingle Minerals and ores from the Properties and materials from other properties, provided, that the remaining Member first informs Recipient, in writing, of the remaining Member’s intention to commingle and delivers to Recipient a detailed written description of the remaining Member’s commingling plan. Recipient shall have ninety (90) days during which to review and comment on the remaining Member’s proposed commingling plan. In any and all events, all Minerals and ores shall be measured and sampled by the remaining Member in accordance with sound mining and metallurgical practices for metal and mineral content before commingling of any such Minerals or ores with materials from any other Properties. Representative samples of materials from the Properties intended to be commingled shall be retained by the remaining Member, and assays of these samples shall be made before commingling to determine the metal content of each ore. Accurate records shall be kept by Recipient showing measurements, assays of metal content and gross metal content of the materials from the Properties are commingled. Xxxxxxx X Xxxxxxx Xxxx XLC Operating Agreement
Sampling and Commingling. Payor shall have the right to commingle Minerals and ores from the Property and materials from other properties, provided, that Payor first informs Recipient, in writing, of Payor' s intention to commingle and delivers to Recipient a detailed written description of Payor's commingling plan. Recipient shall have ninety (90) days during which to review, comment on and approve Payor's proposed commingling plan. In any and all events, all Minerals and ores shall be measured and sampled by Payor in accordance with sound mining and metallurgical practices for metal and mineral content before commingling of any such Minerals or ores with materials from any other property. Representative samples of materials from the Property intended to be commingled shall be retained by Payor, and assays of these samples shall be made before commingling to determine the metal content of each ore. Detailed records shall be kept by Recipient showing measurements, assays of metal content and gross metal content of the materials from the Property are commingled. Assessor’s Parcel No. 000-- 006 - 14 Recorded at the request of and when recorded return to: Goodsprings Development Corp. 0000 Xxxxxxxx Xx. Xxxx, Xxxxxx 00000 ______________________________________________________________________________ Memorandum of Mining Lease and Option to Purchase Agreement This Memorandum of Mining Lease and option to Purchase Agreement “Memorandum”) is made and entered into by and between Goodsprings Development Corp. (“Owner”), and Entourage USA Inc., a wholly owned subsidiary of Entourage Mining Ltd. (“Lessee”). Notice is given that Owner and Lessee have entered into the Mining Lease and Option to Purchase Agreement dated effective June 1, 2004, in accordance with which Owner has leased Lessee the patented and unpatented mining claims situated in T. 1 S., R. 39 E., MDB&M, Xxxxxxxxx County, Nevada, more particularly described in Exhibit A attached to and by this reference incorporated in this Memorandum. Owner has also granted to Lessee the option to purchase the property subject to this Agreement. For the purposes of this Agreement and this Memorandum, the parties addresses are: If to Owner: Goodsprings Development Corp. X/X Xxx Xxxxx 2305 Pleasure Dr. Reno, Nevada, 89509 If to Lessee: Entourage USA Inc., a wholly owned subsidiary of Entourage Mining Ltd. C/O Xxxx Xxxxxxx 212 000 Xxxxxxx Xx. Xxxxxxxxx, X.X. X0X0X0 Xxxxxx Dated June 16, 2004 By “Xxxxxxx X. Xxxxxxx” Lessee Entourage Mining Ltd. Owne...
AutoNDA by SimpleDocs
Sampling and Commingling. MAX shall have the right to commingle Minerals and ores from the Property and materials from other properties, provided, that MAX first informs NNR, in writing, of MAX’s intention to commingle and delivers to NNR a detailed written description of MAX’s commingling plan. NNR shall have ninety (90) days during which to review and comment on MAX’s proposed commingling plan. In any and all events, all Minerals and ores shall be measured and sampled by MAX in accordance with sound mining and metallurgical practices for metal and mineral content before commingling of any such Minerals or ores with materials from any other property. Representative samples of materials from the Property intended to be commingled shall be retained by MAX, and assays of these samples shall be made before commingling to determine the metal content of each ore. Detailed records shall be kept by NNR showing measurements, assays of metal content and gross metal content of the materials from the Mineral Property are commingled.
Sampling and Commingling. Lessee shall have the right to commingle Minerals and ores from the Property and materials from other properties, provided, that Lessee first informs Owner, in writing, of Lessee’s intention to commingle and delivers to Owner a detailed written description of Lessee’s commingling plan. Owner shall have ninety (90) days during which to review, comment on and approve Lessee’s commingling plan. In any and all events, all Minerals and ores shall be measured and sampled by Lessee in accordance with sound mining and metallurgical practices for metal and mineral content before commingling of any such Minerals or ores with materials from any other property. Representative samples of materials from the Property intended to be commingled shall be retained by Lessee, and assays of these samples shall be made before commingling to determine the metal content of each ore. Detailed records shall be kept by Owner showing measurements, assays of metal content and gross metal content of the materials from the Property that are commingled. Exhibit C To North Springs Property Exploration and Mining Lease and Option to Purchase Agreement _________________________________________________________________________________________ QUITCLAIM DEED WITH RESERVATION OF ROYALTY This Quitclaim Deed with Reservation of Royalty (the “Deed”) is made by and among Mountain Gold Claims, LLC Series 15., a Nevada limited liability company, and Lane X. Xxxxxxx (collectively, the “Owner”), and North Springs Resources Corp., a Nevada corporation (“NSRS”)
Sampling and Commingling. All Minerals for which a Gunpoint Royalty is payable shall be measured, sampled and analyzed in accordance with sound mining and metallurgical practices. After such measurement, Buyer may mix or commingle Minerals with ores from properties other than the Talapoosa Property. iv. Quarterly Calculations and Payments. The Gunpoint Royalty shall be determined on a calendar quarter basis. The Gunpoint Royalty shall be paid on or before the last business day of the calendar month immediately following the last day of the calendar quarter in which same accrued. v.
Time is Money Join Law Insider Premium to draft better contracts faster.