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M-13.1, r. 2 - Mining Regulation

Section 20
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20. The average unexpired portion of the terms of all the exclusive exploration rights to be converted for the purpose of determining the expiry date of exclusive exploration rights converted into map designated exclusive exploration rights following the filing of an application for conversion is calculated by adding, for each of the exclusive exploration rights whose conversion is required, the number of days to elapse until its expiry date and by dividing the total amount obtained by the number of exclusive exploration rights.
O.C. 1042-2000, s. 20; O.C. 1065-2015, s. 12.
20. The average unexpired portion of the terms of all the claims to be converted for the purpose of determining the expiry date of claims converted into map designated claims following the filing of an application for conversion is calculated by adding, for each of the claims whose conversion is required, the number of days to elapse until its expiry date and by dividing the total amount obtained by the number of claims.
O.C. 1042-2000, s. 20; O.C. 1065-2015, s. 12.
20. The average unexpired portion of the terms of all the claims or licences to explore for surface mineral substances to be converted for the purpose of determining the expiry date of claims converted into map designated claims following the filing of an application for conversion referred to in sections 83.2 and 83.6 of the Act shall be calculated by adding, for each of the claims or licences to explore for surface mineral substances where conversion is required, the number of days to elapse until its expiry date and by dividing the total amount obtained by the number of claims or licences.
O.C. 1042-2000, s. 20.
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