A permittee under a current minerals prospecting permit shall obtain a preferential right to a minerals lease if:
- (1) The permittee certifies that it has discovered a valuable mineral deposit and will obtain commercial production of a mineral or minerals; and
- (2) The permittee completes the requirements of OAR 141-071-0505 and 141-071-0520.
Statutory/Other Authority
ORS 273
Statutes/Other Implemented
ORS 273.780 - 273.790
History
LB 44, f. & ef. 8-16-77