Common use of Treatment of Product Clause in Contracts

Treatment of Product. The Company may, but shall not be obligated to, treat, mill, heap xxxxx, sort, concentrate, refine, smelt, or otherwise process, beneficiate or upgrade the ores, concentrates , and other mineral product produced from the Property, at sites located on or off the Property, prior to sale, transfer, or conveyance to a purchaser, user or other consumer. The Company shall not be liable for mineral values lost in processing under sound practices and procedures, and no Production Royalty shall be due on any such lost mineral values.

Appears in 2 contracts

Samples: Sale and Purchase Agreement (Tarsis Resources Ltd.), Agreement of Transfer and Quit (Almaden Minerals LTD)

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Treatment of Product. The Company may, but shall not be obligated to, treat, mill, heap xxxxx, sort, concentrate, refine, smelt, or otherwise process, beneficiate or upgrade the ores, concentrates concentrates, and other mineral product produced from the Property, at sites located on or off the Property, prior to sale, transfer, or conveyance to a purchaser, user or other consumer. The Company shall not be liable for mineral values lost in processing under sound practices and procedures, and no Production Royalty shall be due on any such lost mineral values.

Appears in 2 contracts

Samples: Royalty Agreement (Royal Standard Minerals Inc), Royalty Agreement (Royal Standard Minerals Inc)

Treatment of Product. The Company may, but shall not be obligated to, treat, mill, heap xxxxxlxxxx, sort, concentrate, refine, smelt, or otherwise process, beneficiate or upgrade the ores, concentrates , and other mineral product produced from the Property, at sites located on or off the Property, prior to sale, transfer, or conveyance to a purchaser, user or other consumer. The Company shall not be liable for mineral values lost in processing under sound practices and procedures, and no Production Royalty shall be due on any such lost mineral values.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Almaden Minerals LTD)

Treatment of Product. The Company may, but shall not be obligated to, treat, mill, heap xxxxxleach, sort, concentrate, refine, smelt, or otherwise process, beneficiate or upgrade the ores, concentrates concentrates, and other mineral product produced from the Property, at sites located on or off the Property, prior to sale, transfer, or conveyance to a purchaser, user or other consumer. The Company shall not be liable for mineral values lost in processing under sound practices and procedures, and no Production Royalty shall be due on any such lost mineral values.

Appears in 1 contract

Samples: Option Agreement

Treatment of Product. The Company may, but shall will not be obligated to, treat, mill, heap xxxxx, sort, concentrate, refine, smelt, or otherwise process, beneficiate or upgrade the oresOres, concentrates concentrates, and other mineral product produced from the Property, at sites located on or off the Property, prior to sale, transfer, or conveyance to a purchaser, user or other consumer. The Company shall will not be liable for mineral values lost in processing under sound practices and procedures, and no Production Royalty shall will be due on any such lost mineral values.

Appears in 1 contract

Samples: Option Agreement

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Treatment of Product. The Company may, but shall will not be obligated to, treat, mill, heap xxxxx, sort, concentrate, refine, smelt, or otherwise process, beneficiate or upgrade the ores, concentrates concentrates, and other mineral product produced from the Property, at sites located on or off the Property, prior to sale, transfer, or conveyance to a purchaser, user or other consumer. The Company shall will not be liable for mineral values lost in processing under sound practices and procedures, and no Production Net Smelter Return Royalty shall will be due on any such lost mineral values.

Appears in 1 contract

Samples: Option Agreement

Treatment of Product. The Company may, but shall not be obligated to, treat, mill, heap xxxxxlxxxx, sort, concentrate, refine, smelt, or otherwise process, beneficiate or upgrade the ores, concentrates , and other mineral product produced from the Dxxx Property, at sites located on or off the Dxxx Property, prior to sale, transfer, or conveyance to a purchaser, user or other consumer. The Company shall not be liable for mineral values lost in processing under sound practices and procedures, and no Production Royalty shall be due on any such lost mineral values.

Appears in 1 contract

Samples: Option Agreement (Almaden Minerals LTD)

Treatment of Product. The Company may, but shall will not be obligated to, treat, mill, heap xxxxx, sort, concentrate, refine, smelt, or otherwise process, beneficiate or upgrade the ores, concentrates concentrates, and other mineral product produced from the Property, at sites located on or off the Property, prior to sale, transfer, or conveyance to a purchaser, user or other consumer. The Company shall will not be liable for mineral values lost in processing under sound practices and procedures, and no Production Royalty shall will be due on any such lost mineral values.

Appears in 1 contract

Samples: Option Agreement (Infrastructure Materials Corp.)

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