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mining claim
(redirected from Mineral rights)

   Also found in: Financial, Encyclopedia, Wikipedia 0.03 sec.

mining claim n. a description by boundaries of real property in which metal ore and/or minerals may be located. A claim on public land must be filed with the Bureau of Land Management or other federal agency, and the claim must be "worked" by being mined or prepared for mining within a specific period of time.



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The mineral rights to that land were sold between 1907 and 1921.
Kori Pampa is the owner of mineral rights to a number of properties in Peru, including nine concessions making up its Virgen Property.
In 1981, Alfred Eide made gifts of mineral rights, which he valued at $14,769 on his federal gift tax return.
 
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