TMX 16.7% 0.4¢ terrain minerals limited

4.7 Miscellaneous Licence  A miscellaneous licence has a term...

  1. NTE
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    4.7 Miscellaneous Licence  A miscellaneous licence has a term of 21 years and it may be renewed for further terms  There is no maximum area for a miscellaneous licence  Miscellaneous licences do not need to be marked out, the application shall be accompanied by a reference to a written description and a map of the area of land applied for  A miscellaneous licence is for purposes such as road, pipeline, power line, to extract water, or any purpose which is directly connected with mining, as set out in the Act and Regulations  A miscellaneous licence may be granted over all other mining tenements (underlying holders may object if the proposed purpose is likely to interfere with their mining activities)  There is no limit to the number of licences that may be held  A security in the amount of $5,000 is required to be lodged on a miscellaneous licence.
 
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