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The New York Mineralogical Club, Inc. is the oldest continually-operating mineral club in the United States. [1] The club was founded by George Frederick Kunz , Benjamin B. Chamberlin and Professor Daniel S. Martin, on September 21, 1886, in the home of Professor Daniel S. Martin at 236 West 4th Street, New York City.
The Berg property is 100% owned by the company. [1] Royal Gold has 1% net smelter return royalty held on eight of the mineral claims and one mining lease, including those which host the deposit on the Berg property. [1] All mineral claims and the mining lease are in good standing and good to dates ranging from August 2015 to November 2021. [1]
Mindat claims to be the largest mineral database and mineralogical reference website on the Internet. [7] [2] It is crowd-sourced and also expert-reviewed and curated for data quality. The database is used by professional mineralogists, geologists, and amateur mineral collectors alike, and is referenced in many publications. [8] [9] [10]
Within a mineral species there may be variation in physical properties or minor amounts of impurities that are recognized by mineralogists or wider society as a mineral variety. The International Mineralogical Association (IMA) is the international scientific group that recognises new minerals and new mineral names. However, minerals discovered ...
A royalty trust is a type of corporation, mostly in the United States or Canada, usually involved in oil and gas production or mining. However, unlike most corporations, its profits are not taxed at the corporate level provided a certain high percentage (e.g. 90%) of profits are distributed to shareholders as dividends .
Mineral rights can be separate from property ownership (see Split estate). Mineral rights can refer to sedentary minerals that do not move below the Earth's surface or fluid minerals such as oil or natural gas. [1] There are three major types of mineral property: unified estate, severed or split estate, and fractional ownership of minerals. [1]