Renewal of a mineral claim
55(1)Subject to section 56, before the expiration of any term, the holder of a mineral claim has the right to renew the mineral claim by registration in the registry for one, two or three terms of one year each.
55(2)The renewal of a mineral claim under subsection (1) takes effect on the date of the expiration of the claim to be renewed.
55(3)A mineral claim renewed under subsection (1) expires at midnight
(a)
on the first anniversary of the effective date of the renewal, if renewed for one term,
(b)
on the second anniversary of the effective date of the renewal, if renewed for two terms, or
(c)
on the third anniversary of the effective date of the renewal, if renewed for three terms.
1989, c.25, s.1; 2009, c.35, s.40