Examples of exploration area in a sentence
Official Employees shall have the right, at any reasonable time and upon forty-eight (48) hours’ Notice, to inspect the Exploration Area at its sole cost and risk and ensure that all Exploration Operations are carried out in accordance with this License and the provisions of Applicable Law.
The Company, subject to ninety (90) days prior written notice to EMRA, shall have the right at any time to relinquish the whole or part of its rights in the Exploration Area, provided that the Company shall remain liable for all obligations accrued prior to the date of such renunciation in respect of the area relinquished.
The Company shall have the exclusive right to explore for gold and associated minerals in the Exploration Area in accordance with the terms and conditions of this License.
Company may, voluntarily, during any Exploration period relinquish all or any part of the Exploration Area in a single unit of whole Exploration Blocks or parts of Exploration Blocks; provided that at the time of such voluntary relinquishment its Exploration obligations under this License for the then current Exploration period have been fulfilled.
However, at the end of the last Exploration period, the Company shall relinquish all parts of the Exploration Area not then containing a commercial discovery, or if no application to obtain an exploitation license has been submitted.