Exploration means all activities directed toward ascertaining the existence, location, quantity, quality or commercial value of deposits of Products.

Exploration means all activities directed toward ascertaining the existence, location, quantity, quality or commercial value of mineral deposits on the Property, including additional drilling required after discovery of mineral deposits, and includes related environmental compliance.

Exploration means searching for deposits of polymetallic sulphides in the Area with exclusive rights, the analysis of such deposits, the use and testing of recovery systems and equipment, processing facilities and transportation systems, and the carrying out of studies of the environmental, technical, economic, commercial and other appropriate factors that must be taken into account in exploitation;

Examples of Exploration in a sentence

Exploration costs may be incurred both before acquiring the related property (sometimes referred to in part as prospecting costs) and after acquiring the property.
Exploration, evaluation and development expenditure incurred is accumulated in respect of each identifiable area of interest.
Exploration and evaluation expenditure incurred is accumulated in respect of each identifiable area of interest.
Exploration and evaluation assets are assessed for impairment if (i) sufficient data exists to determine technical feasibility and commercial viability, and (ii) facts and circumstances suggest that the carrying amount exceeds the recoverable amount.
Exploration and evaluation expenditure incurred by or on behalf of the Group is accumulated separately for each area of interest.

More Definitions of Exploration

Exploration means the assessment of potential storage complexes for the purposes of geologically storing CO2 by means of activities intruding into the subsurface such as drilling to obtain geological information about strata in the potential storage complex and, as appropriate, carrying out injection tests in order to characterise the storage site

Exploration or “Exploration Operations” means the search for Petroleum by geological, geophysical and other methods and the drilling of Exploration Well(s) and includes any activity in connection therewith or in preparation thereof and any relevant processing and appraisal work, including technical and economic feasibility studies, that may be carried out to determine whether a Discovery of Petroleum constitutes a Commercial Discovery;

Exploration means the prospecting, mapping, geophysics, compilation, diamond drilling and other work involved in searching for ore bodies.

Exploration means the examination and investigation of undeveloped land to determine the existence of subsurface nonrenewable resources;

Exploration means any activity for which the principal purpose is to define, characterize, test for or evaluate oil or gas resources for possible commercial development or production.

Exploration means the mining of limited amounts of any mineral to determine the location, quantity, or quality of the mineral deposit.

Exploration means the act of searching for or investigating a construction materials deposit. "Exploration" includes, but is not limited to, sinking shafts, tunneling, drilling core and bore holes, and digging pits, cuts, or other works for the purpose of extracting samples prior to the commencement of development or extraction, and the building of roads, access ways, and other facilities related to such work. "Exploration" does not include: