You would have to look up the Regs, Rules, and the Fees for Newfoundland. Our Provinces and Territories all have different Guidelines. As an example in British Columbia we can claim the Mineral Rights for 50 acres for one year for $9. Then if we want to go into year 2 it requires around $90 worth of work on that one small piece. But of course the system and the rules and the fees are a bit more intricate than that.
Mineral claims are staked online by accessing the staking section of the Province’s Mineral Rights Administration System (MIRIAD). It is required that all persons or corporations who intend to stake claims be registered in MIRIAD (no cost to register). Any natural person 19 years of age or older, or a corporation, has the right to stake. One claim measures 500m x 500m or 25 ha (about 61 acres). A mineral claim grants the exclusive right to explore for all minerals. The cost to stake one claim is $60, of which $10 is a recording fee and $50 is a refundable security deposit. Payment must be made online by credit card. Further information is available from the Manager of Mineral Rights.
Mining is one of Newfoundland and Labrador's largest and oldest industries, and a major contributor to the economy of our province, especially in rural areas. A total of sixteen mineral commodities are produced or mined in the province. Six metal mines currently produce iron ore, nickel, copper, zinc, cobalt, antimony and gold. Other operations mine slate, limestone and barite, amongst other commodities. Our mining and mineral exploration companies directly provide high-paying jobs to more than 4000 men and women throughout the Province. Expenditures by these companies find their way into all corners of Newfoundland and Labrador.