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How can a Person Become Eligible for a 
Job of Exploration Assistance?
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How can a Person Become Eligible for a Job of Exploration Assistance?

 

In order for a person to be eligible for a job as a gold exploration assistant by the government, he is required to: 

  • Have sufficient interest in the land, area or property that could quality for the exploration of gold.
  • Prove and show evidence that funds for the exploration are not from banking institutions or from any other commercial sources of credit on a realistic terms.
  • Prove that under any other circumstances you would not take over the proposed exploration in the actual circumstances at your individual expense.

Sufficient interest will give the person that is applying the right of possession of a property for the amount of time that they need to complete the exploration as well as to protect the interest of the government after that. Evidently unencumbered ownership is enough. If there is a claim that is located or a lease hold, with renewal rights, then it might also be sufficient.

When leasing a property, what should they obtain from their landlord?
When leasing a property it is important to get ahold of a lien agreement from the landlord, utilizing Lien and Subordination Agreements that can be provided by the Office Minerals Exploration. If the person is not able to get ahold of the agreement, he will need to give the Office of Minerals Exploration a copy of the refusal letter. The office could then accept, in lieu of the agreement, to stay with a performance bond that is done by an approved corporate surety or a couple of respected and responsible surety individuals.

If a property has a mortgage, lien, etc, what document should be given to the government?
It will be important to get a subordination agreement from the mortgagee by using a form known as MME Form 52. Another thing is to show a performance bond before an exploration contract is able to be carried out.

Dealing with the landlord while leasing or with the mortgagee if one is going to mortgage 
A lien or a subordination agreement, or a performance bond in lieu thereof, will need to secure the payment of a royalty to the government on any production while the exploration work is going on or after certification if a certificate or possible production is done.

Is a person eligible under this program if they are not interested in a property and would like to purchase or lease the property only if they were to get help from the government?
A person would not be eligible for this program by going into an agreement to buy or lease the property that is subject to getting an exploration contract.

How is one able to prove that funds are not available on realistic conditions from business sources?
The person will need to provide against evidence of your attempts to getting credit from two banking institutions or other commercial sources of credit. The evidence that is provided will have to come along with real and true copies of the letters you sent and should show the amount and terms asked for and proposed use of the funds for the loan, along with true copies of the replies that demonstrate why this loan was not given out.

 

Gold Mining &  Gold Prospecting Prospecting Job How can a Person Become Eligible for a  Job of Exploration Assistance? Is additional evidence of financial eligibility needed? Is it possible that the work will include blocking out ore for production?

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