PGR LEASE definition
PGR LEASE means the mining lease dated June 29, 2001 issued by the Government to PGR pursuant to Section 45 of the PNDCL 153, whereby PGR has been granted mineral rights over the Lease Area for a period of 30 years for gold and other associated mineral substances lying and being under the 150 Metre Depth and includes all necessary consents and ratifications to perfect PGR's title thereunder;
PGR LEASE means the lease dated June 29, 2001 whereby PGR was granted mineral rights in the Lease Area for gold and other associated mineral substances lying and being under the surface below a vertical depth of 150 metres below sea level.