mineral lease
The right given to use land for purpose of exploration, specifically for minerals, with concommitent right to remove minerals, if found, for a finite period of time, or indefinitely, upon payment of royalties to the landowner
The right given to use land for purpose of exploration, specifically for minerals, with concommitent right to remove minerals, if found, for a finite period of time, or indefinitely, upon payment of royalties to the landowner