Public Lands Mineral Regulations (SOR/96-13)

5 (1) Subject to this section, every lease shall be in the form set out in Schedule I and shall provide for the payment by the lessee of a rental of not less than $1 per acre per year.

(2) A lease may provide that the lessee’s exclusive right to search for, win and take a mineral or minerals specified in the lease, is limited to a geological zone or other volume of rock within, upon or under the lands in the province described in the lease.

(3) Where a lease grants an exclusive right to search for, win and take two or more minerals, the lease may limit such right to those minerals when found in conjunction with each other.

(4) Where, in the opinion of the Minister, special circumstances make a lease in the form set out in Schedule I inappropriate, the Minister may enter into a lease that differs from the form set out in Schedule I to such extent and in such manner as in the Minister’s opinion is necessary to take into account the special circumstances, except that

• (a) the rental payable under the lease shall not be less than the minimum rental specified in subsection (1); and

• (b) the lease may provide for the payment of a royalty other than as provided in the form of lease set out in Schedule I, only when the Minister deems it necessary in order to implement an agreement entered into pursuant to section 6.