Mineral Rights definition
Mineral Rights means those mineral and metal concessions, claims, leases, licenses, permits, access rights, development rights and other rights and interests held, under the control of, or used by the Company or its Subsidiaries and necessary to explore for, develop, classify, mine, process or produce minerals, ore or metals for development purposes on the Mineral Properties.
Mineral Rights means any prospecting license, exploration license, mining lease, mining license, mineral concession, mineral claim and other forms of mineral tenure (including any application for the grant or issue of any of the foregoing) or other rights to minerals, or to work upon lands for the purpose of searching for, developing or extracting minerals under any form of mineral title recognized under applicable law in Newfoundland and Labrador, whether contractual, statutory or otherwise;
Mineral Rights has the meaning ascribed thereto in Subsection 3.1(n)(i);
Examples of Mineral Rights in a sentence
The Mineral Rights are validly held (directly or indirectly) by the Company.
The Mineral Rights are the only material mining licence, claim, lease or other mineral property rights in respect of the Mineral Properties.
Other than the deeds of hypothecation that have been registered pursuant to the Selebi Purchase Agreement and the Selkirk Purchase Agreement, the Mineral Rights are free and clear of any material Liens and other than any statutory royalty payable on any minerals extracted and a further contractual royalty and contingent consideration payable pursuant to the Selebi Purchase Agreement and the Selkirk Purchase Agreement, no material royalty will be payable in respect of the Mineral Rights.
More Definitions of Mineral Rights
Mineral Rights means licences referred to in section 7;
Mineral Rights. If the SELLER transfers any mineral rights, they are to be transferred without warranty.
Mineral Rights has the meaning set forth in Section 4.24;
Mineral Rights means the rights to work upon lands for the purpose of searching for, developing or extracting Minerals granted under those exploration licenses, mining claims, mining leases, mining licenses, mineral concessions and other forms of mineral tenure within the Beskauga Area in Schedule “A” attached hereto;
Mineral Rights means any:
Mineral Rights means fee, leasehold, or mining claim interests in the mineral estate.
Mineral Rights has the meaning set out in Section 20(a)of Schedule C;