CLAIMS

• A Small Scale Land Claim has dimensions of 1500 ft x 800 ft  and cost $1000 GYD per annum
• A river claim consists of one mile of a navigable river and costs $2000 GYD per annum

LARGE AND MEDIUM SCALE LICENCES/PERMITS

Mining Permits and Quarry Licences

• USS 1.00 acre per annum

Prospecting Permits (Medium Scale)

• 1st year - US$0.25/acre/per annum
• 2nd year - US$0.35/acre/per annum
• 3rd year – US$0.45/acre/per annum
• 4th year - US$0.55/acre/per annum
• 5th year - US$0.65/acre/per annum
• 6th year - US$0.75/acre/per annum
• 7th year - US$0.85/acre/per annum
• 9th year - US$1.05/acre/per annum
• 10th year - US$1.15/acre/per annum
• 11th year - US$1.25/acre/per annum
• 12th year - US$1.35/acre/per annum
• 13th year - US$1.45/acre/per annum
• 14th year - US$1.55/acre/per annum
• 15th year - US$1.65/acre/per annum

Prospecting Licences

• 1st year - US$0.50/acre/per annum
• 2nd year - US$0.60/acre/per annum
• 3rd year – US$1.00/acre/per annum
• 4th year - US$1.50/acre/per annum          second mineral US$.75
• 5th year - US$2.00/acre/per annum
• Over 5 years US$3.0O/acre/per annum

Mining Licences

• US$5.00 acre/per annum (foreign)
• US$3.00 acre/per annum (local)

Late Fee Penalty

1/6 x 1/100 x Rental x Number of days outstanding (inclusive of weekends)

Note: 1/600 came into effect on the 29th September, 2007