- Reconnaissance License (RL) is granted for preliminary exploration of minerals through geological mapping, geophysical surveys, and limited drilling.
- Prospecting License (PL) is granted for operations to explore, locate, or prove mineral deposit
- Mining Lease (ML) means a lease granted to undertake mining operations.
- Right of First Refusal is a contractual right to enter a business transaction with a person or company before anyone else can. If the party with this right declines, the obligor can entertain other offers.
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