ICBS Limited (ICBT)

[Jammer 007]

In quebec claim staking only gives permission for prospecting and exploration for 2 years If the holder of the claims wants to keep them longer. An assessment report must be filed proving the work was done with a dollar value attached to it. Minimum $1200.00 per claim. Then the holder of the claims just has to pay the additional renewel fees and they can hold on to them for another 2 years or more. Claims in quebec only become assests when a mining permit (mining lease) is granted and is valid for 10 years. Then it cost $5508.00

Yes claims can be sold for cash but are hard to sell without a DD if at all and there is a $15.00 transfer fee per claim to a maximum of $1260.00.

Ya I know the mining laws under the BLM are different in the US.