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2019-01-15_REVISION - M2018057 (2)
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2019-01-15_REVISION - M2018057 (2)
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Last modified
1/5/2025 2:49:36 AM
Creation date
1/16/2019 12:31:27 PM
Metadata
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Template:
DRMS Permit Index
Permit No
M2018057
IBM Index Class Name
Revision
Doc Date
1/15/2019
Doc Name
Adequacy Review Response
From
Venture Resources
To
DRMS
Email Name
JLE
Media Type
D
Archive
No
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Royalty Division Order <br /> "Phis Royalty Division Order is made this l st day of February,2018 by <br /> Venture Resources Inc. and Old Town Mine LLC. Old Town Mine LLC has <br /> a 5%Royalty to be paid by Venture Resources Inc. from revenue from the <br /> sale of products produced. <br /> ROYALTY: The 5%Royalty is considered to be a Net Smelter Royalty <br /> from the sale of products out of the ore. The smelting and refining costs are <br /> deducted from the sale of the metals or other saleable material derived from <br /> the ores. <br /> Old' wn Mine, C, EIN# 81-5177972 <br /> By: <br /> Mason <br /> Venture Resources Inc. EIN# 84-0895977 <br /> By 4 <br /> Patrick D.Maher <br />
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