Quartz Leases are the most secure form of mineral title in the Yukon. Once a vein or lode is confirmed within the limits of the claim, the proponent may apply to lease the subsurface of their claim(s). Typically, companies contemplating production will take their claims to lease which provides secure title and relieves them from their annual work requirement. Quartz leases are issued for 21 years and can be renewed for an additional 21-year term, provided that during the original term of the lease, all conditions of the lease and provisions of the legislation have been adhered to.
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