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FORM 12Mining Act 1971 (the Act) Part 7RETENTION LEASE: APPLICATION USE THIS FORM TO:Section A:Apply for a retention lease over all or part of a mineral claim or exploration licenceApplicant(s) NAME

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How to fill out mining lease and option

01

Obtain the necessary forms for a mining lease and option from the appropriate government agency.

02

Fill out the forms with accurate and detailed information about the proposed mining operation.

03

Include any required documentation or supporting materials, such as maps or environmental impact assessments.

04

Review the completed forms for accuracy and completeness before submitting them to the government agency.

05

Pay any required fees and submit the forms according to the agency's guidelines.

06

Wait for approval of the mining lease and option before proceeding with any mining activities.

Who needs mining lease and option?

01

Individuals or companies looking to extract minerals or resources from a specific piece of land.

02

Governments or organizations wanting to regulate and oversee mining activities in a particular area.

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What is mining lease and option?

A mining lease is a legal agreement granting the right to mine minerals on a specific piece of land. An option is a contract that gives the holder the right to purchase a mining lease in the future at a predetermined price.

Who is required to file mining lease and option?

Mining companies or individuals looking to conduct mining activities on a specific piece of land are required to file a mining lease and option.

How to fill out mining lease and option?

Mining lease and option forms can typically be obtained from the relevant government agency overseeing mining activities. The forms must be filled out accurately and include all necessary information.

What is the purpose of mining lease and option?

The purpose of a mining lease and option is to establish legal rights to mine minerals on a specific piece of land and to provide clarity on ownership and responsibilities.

What information must be reported on mining lease and option?

Information that must be reported on a mining lease and option typically includes details about the mining project, location of the land, terms of the lease, and rights and responsibilities of both parties.

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