Laserfiche WebLink
United State~urvey, certified by a licens~aurveyor. Maps furnished <br />to the Colorado Diviaion of Mines or to the Mined Land Reclamation <br />Diviaion may satisfy this requirement. <br />Lessee shall provide to Lessor, upon request, a complete report on <br />prospecting and exploration operations, including geologic interpreta- <br />tions and recoverable reserve calculations, and maps and cross sections <br />showing location of any mineral-bearing outcrops, drill holes, trenches, <br />ore bodies and other prospecting and exploration activities, along with <br />assays showing the amount of mineral contained in the ore. The records <br />required to be maintained by Lessee and provided to Lessor upon request <br />include logs of all strata penetrated and all geologic and hydrologic <br />conditions encountered, and copies of in-hole surveys--this information <br />to be collected and prepared under the supervision of a qualified <br />geologist, geological engineer or mining engineer. Other qualified <br />persons may collect and prepare this data, if agreed to in writing <br />between Lessee and Lessor. <br />Any request to keep certain information confidential should be in <br />writing to Lessor at the time such information is submitted to Lessor, <br />and such data may 'be kept confidential as consistent with State law. <br />Lessee shall submit, if required by Lessor, such additional reports, <br />records or documents regarding Lessee's operations on the leased premises <br />as necessary for the purpose of determining compliance with lease <br />provisions. <br />11. OPERATION PLAN -- All plans for mining may be requested by Lessor for <br />review and approvalL before these operations begin. <br />12. ENVIRONMENTAL ANAI;YSIS -- Submittal of an environmental analysis may be <br />required far approval by Lessor before any exploration or mining begins <br />on leased premises,. <br />13. RECLAMATION -- Le::see may be required to submit all plans for restoration <br />and reclamation of leased premises to Lessor for Lessor's preliminary <br />approval before reclamation and restoration begins. Rules and <br />regulations as set forth by the Mined Land Reclamation Division of <br />Colorado for recovery and restoration of mined land will apply where <br />applicable to the leased premises. Variations may be granted only with <br />approval of Lessor. <br />14. OTHER STATE AGENCY -- Lessor may determine that instruments and <br />documents required by other Stato agencies satisfy certain requirements <br />of this lease. In the event that Lessee is required to file instruments <br />and documents with other State agencies, including the Mined Land <br />Reclamation Diviaion, and the State Division of Mines, Lessee shall <br />notify Lessor of said filing and Lessor reserves the right to request and <br />obtain copies of such instruments and documents from Lessee. <br />15. INSPECTION -- It is agreed that during all proper hours and at all times <br />during the continuance of this lease, Lessor or its duly authorized <br />agent, is authori.aed to check assays and scales as to their accuracy, to <br />go on any part or all of the leased premises to examine, inspect, survey <br />and take measurem~ants of the same and to take samples of any kind and to <br />examine and make extracts from or copies of all books and weight sheets <br />and records which show in any way the ore output, ore values, payments <br />and royalties from and of the leased premises. All conveniences <br />necessary for such inspection, survey, or examination shall be furnished <br />to Lessor. Lessor may require Lessee to provide all instruments and <br />documents of any kind and nature whatever which affect Lessor's interests, <br />16. MINING METHODS -- Only mining methods that will insure the extraction of <br />the greatest possible amount of minerals consistent within the laws and <br />with prevailing good mining practice shall be used. <br />17. NOTICES -- Any notice required to be given to Lessee under the provisions <br />of this lease shall be sent by certified mail to the address set forth at <br />the beginning of this lease or to such other address as Lessee may <br />indicate in writing to Lessor, and such service by mail shall be deemed <br />sufficient and in full compliance with the terms of this lease as of the <br />date it is postmarked. Notice to Lessor shall ba given in like manner, <br />addressed to the State Board of Land Commissioners' Denver, Colorado <br />address. <br />5 <br />