Mineral Claims definition

Mineral Claims means the mineral claims granted for the mining of vanadium and titanium particulars whereof are set out in the Sixth Schedule hereto and the ground the subject thereof and all mining rights, titles or tenements whatsoever (including any extensions and renewals thereof) whether in substitution therefor or in lieu thereof and whether relating to the same, more or less ground, as the case may be;
Mineral Claims means the mineral claims described in Schedule A to this Agreement, including: (i) any replacement or successor claims; and (ii) all mining leases and other mining interests derived from any such claims;
Mineral Claims means those as described in Schedule “A” hereto.

Examples of Mineral Claims in a sentence

  • To this end, Optionor specifically grants a security interest to Optionee in the Mineral Claims comprising the Property to protect its right to the Option based on the terms and conditions set forth in this Agreement, and Optionee specifically grants a security interest to Optionor in the Mineral Claims comprising the Property to protect Optionor’s right to a reconveyance of the Property in the event the Deferred Consideration is not timely tendered.

  • The parties hereby grant security interests in the Mineral Claims comprising the Property to each other to protect their rights and obligations hereunder against third parties.

  • Subject to Closing and the Optionee commencing commercial production on any Mineral Claims, the Optionee, its successors and assignees shall pay to the Optionor a royalty (the “NSR”) calculated at one percent (1.0%) of the Net Smelter Returns as defined, calculated and set forth in Schedule “B” to this Agreement.


More Definitions of Mineral Claims

Mineral Claims means those as described in Schedule “A” hereto, as well as all additional mineral properties acquired pursuant to Article 8 hereof.
Mineral Claims has the meaning attributed to such term in Recital A hereto;
Mineral Claims means those mineral claims comprising the Property, as described in Schedule A and other documents of title, including replacement or substitute forms of documents of title, by virtue of which the holder is entitled to explore for, develop, produce, mine, recover, remove or dispose of minerals from on or within the lands comprising the Mineral Claims.
Mineral Claims means those claims, leases, interests and rights set out in Schedule 1.1 – Mineral Claims of the NovaGold Disclosure Letter together with all mineral rights, surface rights, access rights and water rights appurtenant thereto and any extension or renewal of, or replacement or substitution for, any of the foregoing.
Mineral Claims means the mining claims (whether patented or unpatented) comprising the Property;
Mineral Claims means all of the claims described on Schedule “A” and, when the context so implies, the lands and premises subject thereto.
Mineral Claims means all interests in material mining claims, concessions, exploration, reconnaissance, exploitation or extraction rights, surface rights, subsurface rights or similar rights, that are held by the M▇▇▇▇▇ Copper Companies;