GREY:ADEXF - Post by User
Comment by
zedman4on Nov 25, 2011 7:27pm
153 Views
Post# 19268844
RE: RE: RE: NEWS
RE: RE: RE: NEWSBear with me until I explain further why AEI should of kept
quiet about the 9% nickle on Inuit land.
google;
Nunavut Tamgavit Inc /Doris North Submission
This a temp plate of how to get an exploration/ production
Agreement and a 20+ year lease on Inuit owned land.
The latest application date for filing is the end of this month
of Nov. and the next application date will be in January.
Annual fee is $1/hector for the first year and $4 for every year
thereafter. After the first 20 year lease is up; new application
can be entered every 5 years on.
Should the company produce minerals than a 12% royality
of net profits is payable to NTI
Now that the cat is out of the bag; maybe AEI can put together
an application for an land use permit from NTI and stake the
9% ni ground. Once AEi has proof of permission to enter NTI
land; he proceedure is the same as staking on crown land.
I know this proceedure is a fact since I staked 3 claims this
past spring fn the Kivalliq region for a mining company; on
Inuit owned land and have copies of the docs to prove it.
It's very fustrating to watch helpless while our company lets
these opportunities slip by. Time for new leadership at the
helm; I would be so bold to say....