43 CFR 3509.15 - Do I have to pay for a future interest lease?

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Title 43: Public Lands: Interior

Subtitle B: Regulations Relating to Public Lands (Continued)

CHAPTER II: BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR

SUBCHAPTER C: MINERALS MANAGEMENT (3000)

PART 3500: LEASING OF SOLID MINERALS OTHER THAN COAL AND OIL SHALE

Subpart 3509: Fractional and Future Interest Lease Applications

3509.15 - Do I have to pay for a future interest lease

You must pay fair market value for the mineral deposit when title vests in the United States. You also will be required to pay royalty on your production.



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