Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Tudor Gold Corp V.TUD

Alternate Symbol(s):  TDRRF

Tudor Gold Corp. is a Canada-based precious and base metals exploration and development company. The Company has claims in British Columbia's Golden Triangle (Canada), an area that hosts producing and past-producing mines and several large deposits that are approaching potential development. The Company has a 60% interest in Treaty Creek gold project, located in northwestern British Columbia, which is host to the Goldstorm Deposit, a large gold-copper porphyry system, as well as several other mineralized zones. The Company's Treaty Creek property covers an area of approximately 17,913 hectares.


TSXV:TUD - Post by User

Comment by Signmanon Oct 12, 2024 11:46am
162 Views
Post# 36263910

RE:RE:Copy of SEA renewed LOO

RE:RE:Copy of SEA renewed LOOHere is the language in question for those interested (Thanks again Curtis )


Article 5 section 5.1 (a) of the LOO 


"In addition to the other reservations and excemptions expressly provided in this
Agreement this Agreement is subject to the exceptions and reservations of interests,
rights, privileges and titles refered to in section 50 of the land act."

___________________________________________________________________ 

Land act section 50:

Exceptions and reservations

50 (1) A disposition of Crown land under this or another Act

(a) excepts and reserves the following interests, rights, privileges and titles:

(i) a right in the government, or any person acting for it, to resume any part of the land that is deemed to be necessary by the government for making roads, canals, bridges or other public works, but not more than 1/20 part of the whole of the land, and no resumption may be made of any land on which a building has been erected, or that may be in use as a garden or otherwise;

(ii) a right in the government, or any person acting for it or under its authority, to enter any part of the land, and to raise and get out of it any geothermal resources, minerals, whether precious or base, as defined in section 1 of the Mineral Tenure Act, coal, petroleum and any gas or gases, that may be found in, on or under the land, and to use and enjoy any and every part of the land, and its easements and privileges, for the purpose of the raising and getting, and every other purpose connected with them, paying reasonable compensation for the raising, getting and use;

(iii) a right in any person authorized by the government to take and occupy water privileges and to have and enjoy the rights of carrying water over, through or under any part of the land granted, as may be reasonably required for mining or agricultural purposes in the vicinity of the land, paying a reasonable compensation to the grantee, the grantee's successors and assigns;

(iv) a right in any person authorized by the government to take from any part of the land granted, without compensation, gravel, sand, stone, lime, timber or other material that may be required in the construction, maintenance or repair of a road, ferry, bridge or other public work,

(b) conveys no right, title or interest to

(i) geothermal resources as defined in the Geothermal Resources Act,

(ii) minerals and placer minerals as defined in the Mineral Tenure Act,

(iii) coal,

(iv) petroleum as defined in the Petroleum and Natural Gas Act, or

(v) gas,

that may be found in or under the land, and

(c) conveys no right, interest or estate to highways, within the meaning of the Highway Act, existing over or through the land at the date of the disposition.

(2) Subsection (1) applies whether or not express words are used in the disposition, but is subject to subsection (3).

(3) A disposition of Crown land under another Act that expressly authorizes the disposition on terms different from those referred to in subsection (1) may be made on those terms, and in that case the disposition must refer to the Act that authorizes the different terms and state the terms on which the disposition is made.

(4) A disposition of Crown land may, by express words, except or reserve to the government rights and privileges more extensive than those referred to in subsection (1).

(5) For all purposes, including section 23 of the Land Title Act, every disposition of Crown land is conclusively deemed to contain express words making the exceptions and reservations referred to in subsection (1) of this section, except to the extent that the disposition is made on different terms under subsection (3).

(6) The power under subsection (4) to except and reserve rights and privileges includes a power to create a right of way, and if this is done

(a) the government is, with respect to the right of way, a grantee,

(b) the right of way is conclusively deemed to be necessary for the operation and maintenance of the government's undertaking, and

(c) section 218 of the Land Title Act applies.
______________________________________________________________

AND LAST A LINK TO THE MINERAL TENURE ACT

https://www.bclaws.gov.bc.ca/civix/document/id/complete/statreg/00_96292_01

<< Previous
Bullboard Posts
Next >>