Public Lands Mineral Regulations

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These Regulations, titled "Public Lands Mineral Regulations," are made under the Federal Real Property Act and govern the leasing of mineral rights on certain public lands. The regulations aim to conserve mineral resources, secure orderly development, and ensure the most efficient economic recovery of minerals.

A lease granted under these regulations grants the lessee an exclusive right to search for, win, and take one or more minerals within, upon, or under specified lands in a province. The rental payable under the lease is set at $1 per acre per year, with the option to provide for payment of a royalty other than as provided in the form of lease.

The regulations also outline various conditions and covenants that must be met by the lessee, including compliance with provincial laws and regulations, maintenance of the leased lands, and payment of royalties. In the event of non-compliance or default, the Minister may take action to recover outstanding payments or terminate the lease. The regulations aim to balance the interests of the Crown with those of mineral producers.