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Samlec Resources Limited, MEL 12001, Exploration License, 2011
1
  • ocds-591adf-8227546396
  • January 11, 2016
  • English
  • Liberia See Legislation  in African Mining Legislation Atlas
  • Ministry of Lands, Mines and Energy
  • January 05, 2011
  • Company-State Contract
Key Clauses
View all Key Clauses
Company
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Associated Documents
No associated documents available.
CONCESSION / LICENSE AND PROJECT
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  • MEL 12001
Source
13 Key Clauses
General
Corporate headquarters
P.O.Box 5485, 10 Monrovia, 1000 Liberia
Page 1 ( Title )
Date - contract signature
5 June 2011
Page 2 ( Signature page )
Location
The exploration area covers approximately 531.9 square kilometers in area defined by the UTM coordinates of Spatial Reference ((WGS84 etc.) detailed in Art. 3
Page 1 ( Art. 3 ) , Page 2 ( Map )
Name of company executing document
Belle Resources Limited; SAMLEC Resources Limited
Page 1 ( Title ) , ( Title )
Renewal or extension of term
The contract can be extended for 2 year if SAMLEC Resources is in compliance with its obligations during the initial term
Page 1 ( Art. 4.4 )
Resource(s)
Iron Ore and Gold
Page 1 ( Art. 1.2 )
Signatories, State
Emmanuel O. Sherman, Acting Assistant Minister, Mineral Exploration & Environmental Research; Roosevelt G. Jayjay, Acting , Ministry of Lands, Mines and Energy, Liberia
Page 2 ( Signature page )
State agency, national company or ministry executing the document
Ministry of Lands, Mines and Energy
Page 1 ( Title )
Term
Term is 3 years from the effective date
Page 1 ( Art. 4.4 )
Type of contract
Exploration License
Page 1 ( Title )
Operations
Other - operational
If SAMLEC Resources discovers exploitable deposits of iron ore and gold in the exploration area and has complied during the exploration period with its obligations, it will have the right to enter into a mineral development agreement and obtain a Class A mining license
Page 1 ( Art. 4.5 )

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