Home > Term: grubstake contract
grubstake contract
An agreement between two or more persons to locate mines upon the public domain by their joint aid, effort, labor, or expense, and each is to acquire by virtue of the act of location such an interest in the mine as agreed upon in the contract.
- Part of Speech: noun
- Industry/Domain: Mining
- Category: General mining; Mineral mining
- Government Agency: USBM
0
Creator
- ed.young
- 100% positive feedback
(Milwaukee, United States)