Indian Mining Regulations (C.R.C., c. 956)

Regulations are current to 2013-04-29

Rental

  •  (1) A permittee shall pay, unless otherwise provided in the invitation to tender under section 5 or in the permit issued under section 6, the rent for the initial term of his permit or an extension thereof, as the case may be, in advance to the Receiver General and such rent shall be payable at the rate of

    • (a) $0.25 for each acre in the permit area in respect of the initial term of his permit;

    • (b) $0.04 per month for each acre in the permit area in respect of each of the first, second and third extensions of his permit; and

    • (c) $0.08 per month for each acre in the permit area in respect of any further extension.

  • (2) Where a permittee is issued a lease pursuant to section 19, the Division Chief shall direct the return to the permittee of any rent paid pursuant to subsection (1) that applies to the unexpired term of the permit or extension thereof, as the case may be, that was issued for the area taken under the lease.

Security Deposit

  •  (1) No permit shall be issued to any person unless that person has deposited with the Division Chief a security deposit in such amount or at such rate, if any, as may be specified in the invitation to tender under section 5 or in the permit to be issued under section 6.

  • (2) A security deposit shall be in the form of money, bonds or promissory notes payable to the Receiver General on demand at a chartered bank or in such other form as the Division Chief deems proper.

 Where a permit expires or is surrendered, the Division Chief, upon being satisfied that the permittee has complied with these Regulations and with the terms and conditions of his permit, shall direct that any security deposit deposited pursuant to subsection 11(1) be returned to the permittee.

Assessment Work

  •  (1) During the initial term of his permit or during any extension thereof, as the case may be, every permittee shall perform assessment work acceptable to the Supervisor, of the value of

    • (a) $0.50 for each acre in the permit area during the initial term of his permit, and

    • (b) $1 for each acre in the permit area during the term of each extension of his permit,

    or of such other value as may be specified in the invitation to tender under section 5 or in the permit issued under section 6.

  • (2) Where, in his opinion, assessment work performed near a permit area serves to evaluate the mineral potential of the permit area, the Supervisor may deem the whole or any part of the value of that work to be assessment work performed in the permit area.

  •  (1) Where assessment work of the value required under subsection 13(1) is not performed, the permittee shall make a cash payment to the Receiver General in an amount equal to the difference between the value of assessment work performed and the value of assessment work required to be performed.

  • (2) Where the value of assessment work performed during the term of a permit or an extension thereof exceeds the value of assessment work required to be performed pursuant to subsection 13(1), the Supervisor may credit the excess value of the assessment work performed to the value of the assessment work required to be performed

    • (a) pursuant to subsection 13(1) during any extension or further extension of the permit; or

    • (b) pursuant to any lease or leases that the permittee may acquire with respect to all or any part of his permit area.