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GENERAL42221
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GENERAL42221
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Entry Properties
Last modified
8/24/2016 8:10:45 PM
Creation date
11/23/2007 11:39:30 AM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
M1994117
IBM Index Class Name
General Documents
Doc Date
6/5/1995
Doc Name
FAX COVER
From
COM INC
To
DMG
Media Type
D
Archive
No
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c - • <br /> <br />f. The Mill shall Continue .milling MI VIDA ore until such Cme 8s <br />MI VIDA ore in the bins of the mill or stockpiled for loading into the <br />bins is exhausted and fully processed into concentrated form. <br />g. with the priority nonce that milling of MI vIDA ores is to <br />commence, MI VIDA shall deliver to COM, INC. a fully completed <br />milling specification sheet in the form attached as ls5cbibit B hereto. <br />h. COM, II~iC. shall manage the milling of MI VIDA ores so as to <br />conform lts milling process to the apedfications contained fn the <br />milling specification sheet w[thin the tolerances generally accepted in <br />the milling industry. <br />i. COM. 1NC. shall coatiauoualy maintain mm~ing logs of its <br />monitoring of the milling process and MI VIDA shall have such <br />inspection rights as are further delineated in the Agreement. <br />5, ~r t lin~ h ry <br />a. The charge for milling services (the "milling charge") shalk be <br />thirty dollars ($30.00) per ton milled (the "base charge") plus the <br />percentage of modified net smelter returns (the "grade surcharge's as <br />defined in Section 6 hereof. <br />b. The base charges shall be payable as follows: <br />(1) Fifteen Dollars ($15.00) per ton shall be payable to <br />COM, 1NC. by MI VIDA at the time of delivery of priority nonce per <br />Section 4.b. that ore is to be delivered to the Mill's coarse ore bins <br />(the "initial payment"). Supplemental initial payments shall be made <br />by MI VIDA to COM, INC. within two (2) working days after the <br />delivery of ore additional to that ore scheduled in the priority notice <br />to the coarse ore bins while milling is in progress based on a priority <br />notice estimate of tonnage delivered. COM, 1NC. shall maintain a log of <br />the initial payments and estimated tonnages and shall notify MI VIDA <br />within a reasonable time of any deficiency noted pursuant to <br />subsection b(2) below. <br />(2) The actual weight of ore milled (which shall be the <br />"wet" weight of delivered ore) shall be determined by the cumulative <br />belt scale meter (the 'belt scale") currently installed oa the conveyor <br />belt between the fine ore bin and the ball mill at the Mill. At no time <br />shall the initial charge paid by MI V1DA be less than the number of <br />tons weighed in on the belt scale ~i ~ the number of tons in the <br />4 <br />
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