Common use of Mining Interests Clause in Contracts

Mining Interests. To the best of the Vendor's knowledge, the mineral interests comprising the Mhakari Vanderbilt Properties have been properly tagged, staked and recorded in accordance with the laws of the State of Nevada. All assessment work has been performed, filed and recorded to maintain the mineral interests comprising the Mhakari Vanderbilt Properties in good standing in accordance with the laws of the State of Nevada.

Appears in 1 contract

Sources: Asset Purchase Agreement (Golden Phoenix Minerals Inc)

Mining Interests. To the best of the VendorOptionor's knowledge, the mineral interests comprising the Mhakari Claims Excluding Vanderbilt Properties have been properly tagged, staked and recorded in accordance with the laws of the State of Nevada. All assessment work has been performed, filed and recorded to maintain the mineral interests comprising the Mhakari Claims Excluding Vanderbilt Properties in good standing in accordance with the laws of the State of Nevada.

Appears in 1 contract

Sources: Option Agreement (Golden Phoenix Minerals Inc)