Common use of Waste Rock, Spoil and Tailings Clause in Contracts

Waste Rock, Spoil and Tailings. The ore, mine waters, leachates, pregnant liquors, pregnant slurries, or other products or compounds of Mineral Substances mined or extracted from the Xxxxxxxxx Property shall be the property of Minera subject to the Minera NSR as provided herein. Minera shall not be liable for mineral values lost in mining or processing employing sound practices. The Minera NSR shall be payable on all mineral substances recovered both prior to and after the time waste rock, spoil, tailings, or other mine wastes and residue are first disposed of as such, and such waste rock, spoil, tailings or other mine wastes and residue shall be the sole property of Minera. Minera shall have the sole right to dump, deposit, sell, dispose of, or reprocess such waste rock, spoil, tailings, or other mine wastes and residues, and Xxxxxxx shall have no claim or interest therein or to proceeds or minerals values recovered therefrom.

Appears in 1 contract

Samples: Net Smelter Return Royalty Agreement (Aurelio Resource Corp)

AutoNDA by SimpleDocs

Waste Rock, Spoil and Tailings. The ore, mine waters, leachates, pregnant liquors, pregnant slurries, or other products or compounds of Mineral Substances mined or extracted from the Xxxxxxxxx Initial Bolsa Real Property Assets shall be the property of Minera Bolsa subject to the Minera Bolsa NSR as provided herein. Minera Bolsa shall not be liable for mineral values lost in mining or processing employing sound practices. The Minera Bolsa NSR shall be payable on all mineral substances Minerals recovered and sold or deemed sold both prior to and after the time waste rock, spoil, tailings, or other mine wastes and residue are first disposed of as such, and such waste rock, spoil, tailings or other mine wastes and residue shall be the sole property of MineraBolsa. Minera Bolsa shall have the sole right to dump, deposit, sell, dispose of, or reprocess such waste rock, spoil, tailings, or other mine wastes and residues, and Xxxxxxx shall have no claim or interest therein or to proceeds or minerals values recovered therefrom.

Appears in 1 contract

Samples: Net Smelter Return Royalty Agreement (Aurelio Resource Corp)

Waste Rock, Spoil and Tailings. The ore, mine waters, leachates, pregnant liquors, pregnant slurries, or other products or compounds of Mineral Substances Minerals mined or extracted from the Xxxxxxxxx Property Mining Properties shall be the property of Minera Miner subject to the Minera NSR Royalty as provided herein. Minera Miner shall not be liable for mineral values lost in mining or processing employing pursuant to sound mining and metallurgical engineering practices. The Minera NSR Royalty shall be payable on all mineral substances only Minerals recovered both prior to and after the time waste rock, spoil, tailings, or other mine wastes waste and residue are first disposed of as such, and such waste rock, spoil, tailings tailings, or other mine wastes and residue shall be the sole property of Minerathe Miner. Minera Miner shall have the sole right to dump, deposit, sell, dispose of, or reprocess such waste rock, spoil, tailings, or other mine wastes and residues, and Xxxxxxx ANF shall have no claim or interest therein or to proceeds or minerals mineral values recovered therefrom.

Appears in 1 contract

Samples: Master Agreement for Lease and Option for Purchase and Sale of Mining Properties (Yellowcake Mining Inc.)

AutoNDA by SimpleDocs

Waste Rock, Spoil and Tailings. The ore, mine waters, leachates, pregnant liquors, pregnant slurries, or other products or compounds of Mineral Substances mined or extracted from the Xxxxxxxxx Property shall be the property of Minera subject to the Minera NSR as provided herein. Minera shall not be liable for mineral values lost in mining or processing employing sound practices. The Minera NSR shall be payable on all mineral substances Minerals recovered and sold or deemed sold both prior to and after the time waste rock, spoil, tailings, or other mine wastes and residue are first disposed of as such, and such waste rock, spoil, tailings or other mine wastes and residue shall be the sole property of Minera. Minera shall have the sole right to dump, deposit, sell, dispose of, or reprocess such waste rock, spoil, tailings, or other mine wastes and residues, and Xxxxxxx NewCo shall have no claim or interest therein or to proceeds or minerals values recovered therefrom.

Appears in 1 contract

Samples: Net Smelter Return Royalty Agreement (Aurelio Resource Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!