- Flynote
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Minors - Contracts - Prospecting Contract - Share of Mlinerals - Encumbrance of Property
- Case summary
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A prospecting contract with minors should contain, provision for the minors to share in any minerals that may be found during the prospecting. It should also provide that in the event of the option not being exercised, the property shall revert to the owners free and unencumbered by any discoverer's or other right.
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