OAR 141-071-0410
State Land Board Policy


In order to more fully manage the mineral rights in property owned by any state agency as directed by ORS 273.780 (Retention of mineral and geothermal resource rights by state), the State Land Board adopts the following program policies:

(1)

The Division’s program should provide for environmental protection on a parcel-by-parcel basis, protect the long-term use of surface rights, and obtain an equitable return to the proper state fund.

(2)

Mining production leases shall be issued on the following terms: $1 per acre per year; royalty rate of 5 percent for most metallic minerals; escalating development expense from $1 per acre per year to $3 per acre after the third year; and ten year primary term on leases covering a maximum of 640 acres.

(3)

Competitive bidding should be utilized to obtain the highest available return from discovered mineral occurrences.

(4)

Lease applications which include assay valuations in excess of $100,000 shall be subject to final approval by the State Land Board.

Source: Rule 141-071-0410 — State Land Board Policy, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=141-071-0410.

141‑071‑0400
Purpose
141‑071‑0405
Definitions
141‑071‑0410
State Land Board Policy
141‑071‑0420
Fees and Service Charges
141‑071‑0425
Insurance
141‑071‑0430
Bonds
141‑071‑0440
Reservations
141‑071‑0445
Refunds and Withdrawals
141‑071‑0450
Records
141‑071‑0455
Lands Subject to Permit
141‑071‑0460
Mineral Prospecting Permit Required
141‑071‑0465
Application for Mineral Prospecting Permit
141‑071‑0470
Priority
141‑071‑0475
Application Approval
141‑071‑0480
Mineral Prospecting Permit Terms
141‑071‑0485
Conversion
141‑071‑0490
Mining Lease Required
141‑071‑0495
Availability
141‑071‑0500
Size of Leasable Tract
141‑071‑0505
Application
141‑071‑0510
Receipt of Application
141‑071‑0515
Priority
141‑071‑0520
Application Supplement
141‑071‑0525
Application Rejection
141‑071‑0530
Application and Supplement Consideration
141‑071‑0535
When Applicable
141‑071‑0540
Procedures
141‑071‑0545
Competitive Bidding
141‑071‑0550
Notice of Bidding
141‑071‑0555
Contents of Notice
141‑071‑0560
Bidding Requirements
141‑071‑0565
Opening of Bids and Award of Leases
141‑071‑0570
Oral Bidding Procedure
141‑071‑0575
Lease Execution
141‑071‑0580
Forfeiture of Competitive Bid Leases
141‑071‑0585
Restoration of Bidding Units
141‑071‑0590
Mineral Lease Form
141‑071‑0595
Term of Lease
141‑071‑0600
Rental Rate
141‑071‑0605
Development Requirement
141‑071‑0610
Royalties
141‑071‑0615
Measurement
141‑071‑0620
Basis of Value
141‑071‑0625
Commingling
141‑071‑0630
Assignment
141‑071‑0635
Surface Management
141‑071‑0640
Reclamation
141‑071‑0645
Relinquishment
141‑071‑0650
Investigation of Leased Premises
141‑071‑0655
Suspension of Operation
141‑071‑0660
Cancellation of Mining Lease
Last Updated

Jun. 8, 2021

Rule 141-071-0410’s source at or​.us