NAC362.007. “Mineral exploration” defined.  


Latest version.
  • “Mineral exploration” means any activities relating to the search for mineral reserves which do not occur during the development or production stages of a mine, including drilling, sampling, assaying, metallurgical testing, engineering studies, studies of economic feasibility and procedures to obtain appropriate permits.

     (Added to NAC by Tax Comm’n by R058-11, 12-30-2011, eff. 1-1-2012)