This is an agreement where the Owner represents and warrants present ownership of an undivided possessory mineral interest in and to the described lands. Owner grants to Operator the right, for a term, to conduct any and all operations undertaken in connection with the exploration for oil, gas and/or other minerals on, across, and/or through the described Lands.
North Carolina Permit Agreement for Minerals
Category:
State:
Multi-State
Control #:
US-OG-685
Format:
Word;
Rich Text
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How to fill out Permit Agreement For Minerals?
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The Mining Act of 1971. § 74-47. Findings. The General Assembly finds that the extraction of minerals by mining is a basic and essential activity making an important contribution to the economic well-being of North Carolina and the nation.
North Carolina leads the nation in the production of feldspar, lithium minerals, scrap mica, olivine, and pyrophillite, and also leads in the production of clay used for brick manufacture. The state ranks second in phosphate rock production.
Another purpose of this Act is to ensure that non-renewable resources are used for the benefit of future generations. A further purpose of this Act is to develop homegrown expertise in mineral resource exploration, development and processing in Quebec. 1987, c. 64, s.
Laws. The federal law governing locatable minerals is the Mining Law of 1872 (), which declared all valuable mineral deposits in land belonging to the United States to be free and open to exploration and purchase.