Nunavut Mining Regulations

Marginal note:Charge

• 40 (1) The following per unit charges apply, annually beginning on the day on which the claim is recorded, to the right to hold a recorded claim and assess its mineral potential:

  • (a) $45 in respect of the first year beginning on the day on which the claim is recorded;

  • (b) $90 in respect of the second, third and fourth years;

  • (c) $135 in respect of the fifth, sixth and seventh years;

  • (d) $180 in respect of the 8th, 9th and 10th years;

  • (e) $225 in respect of each of the 11th to 20th years; and

  • (f) $270 in respect of each of the 21st to 30th years.

• Marginal note:Payment

  (2) The claim holder must pay the charges referred to in subsection 13(1), 49(1) or 49.1(2), as the case may be.

• Marginal note:Unit

  (3) For the purposes of subsection (1), a unit is considered to be a unit that is entirely covered, either by a claim, or partly by a claim and partly by lands referred to in subsection 5(1) or lands of Nunavut to which these Regulations do not apply.