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<br /> <br />Answer <br />The Tiger 2-6, Lynx 2-6 and Lion 2-6 mining claims were <br />located by Colorado Fuel & Iron (CF&I). The claims were located <br />for limestone deposits which the BLM determined were of an <br />uncommon variety. The fifteen mining claims embraced <br />approximately 260 acres of public land near Glenwood Springs, <br />Colorado. <br />On April 12, 1982, CF&I leased the 15 mining claims to <br />MCR for a period of 10 years, renewable by MCR at its option for <br />three additional 10-year periods. The lease required MCR to pay <br />a royalty to CF&I on each ton of limestone mined and removed from <br />the claims, including limestone removed from mine tailings or <br />refuse piles. It required MCR to perform annual assessment work <br />for the claims and to file the necessary affidavits with the BLM <br />and county clerk. It also required MCR to reclaim the lands <br />disturbed by mining as required by all applicable State and <br />Federal laws. Section IX of the Lease provides: <br />(b) Within six (6) months after an - <br />event of surrender or termination of this <br />Lease, Lessee shall in accordance with all <br />applicable permits, laws and regulations <br />remove from the Premises all buildings, <br />warehouses, equipment and fixtures not <br />purchased by CF&I, or permitted to be left in <br />place by CF&I, including any and all personal <br />property of every kind and nature erected or <br />placed in or upon said Premises by it . <br />Any such property remaining on the Premises <br />with or without CF&I's consent and after the <br />time provided herein shall become the sole <br />property of CF&I, and Lessee shall be deemed <br />to have conveyed its right, title, and <br />interest therein to CF&I . <br />4 <br />