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5. MINERAL LEASES: Schedule of SITLA Leases, Terms (Tables)
9 Months Ended
Sep. 30, 2025
Tables/Schedules  
Schedule of SITLA Leases, Terms

 

 

 

 

 

 

 

Annual

Production

 

 

 

 

 

 

Advance

Royalty

 

Gross

 

Lease Expiry

Annual

Minimum

Rate

Reference

Acres

Net Acres

Date (1)

Rent (2)

Royalty (3)

(4)

ML-49927

4,319.9

4,319.9

5/31/2025

$ 4,320

$ 43,200

6.5%

ML-51705

1,560.0

1,560.0

1/31/2030

1,560

15,600

8.0%

 

 

 

 

 

 

 

Total

5,879.9

5,879.9

 

$ 5,880

$ 58,800