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Author Topic: FMC Expired - Did i lose my claim???  (Read 591 times)

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Offline Lyroma

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FMC Expired - Did i lose my claim???
« on: April 09, 2019, 09:02:02 AM »
I am waiting to hear back from Front Counter BC but just realized I would probably get a quicker and more knowledgeable answer from someone here. I accidently let my FMC expire and I am wondering if I have in the process of doing that lost the claim I bought last year. Anyone have experience with this in the past and know whether or not there is a grace period or something of the kind since the claim itself is good up till 2021?

Offline ykplacer

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Re: FMC Expired - Did i lose my claim???
« Reply #1 on: April 09, 2019, 09:08:51 AM »
Maintaining Claims (in British Columbia)

A mineral or placer claim has a set expiry date (the “Good To Date”), and in order to maintain the claim beyond that expiry date, the recorded holder (or an agent) must, on or before the expiry date, register either exploration and development work that was performed on the claim, or a payment instead of exploration and development.  Failure to maintain a claim results in automatic forfeiture at the end (midnight) of the expiry date; there is no notice to the claim holder prior to forfeiture.

When exploration and development work or a payment instead of work is registered, you may advance the claim forward to any new date.  With a payment instead of work the minimum requirement is 6 months, and the new date cannot exceed one year from the current expiry date; with work, it may be any date up to a maximum of ten years beyond the current anniversary year.  “Anniversary year” means the period of time that you are now in from the last expiry date to the next immediate expiry date.

All recorded holders of a claim must hold a valid FMC when either work or a payment is registered on the claim.

Clients need to register a certain value of work or a "cash-in-lieu of work" payment to their claims in MTO.  The following are the costs required to maintain a claim for one year:

Mineral Claim - Work Requirement:

    $5 per hectare for anniversary years 1 and 2;
    $10 per hectare for anniversary years 3 and 4;
    $15 per hectare for anniversary years 5 and 6; and
    $20 per hectare for subsequent anniversary years

Mineral Claim - Cash-in-lieu of work:

    $10 per hectare for anniversary years 1 and 2;
    $20 per hectare for anniversary years 3 and 4;
    $30 per hectare for anniversary years 5 and 6; and
    $40 per hectare for subsequent anniversary years

Placer Claim - Work Requirement:

    $20 per hectare

Placer Claim - Cash-in-lieu of work:

    $40 per hectare

A permit is required before any work is performed on a claim.  Permitting is administered by the Mining Regional Offices (not the Mineral Titles Branch).  Refer to the Permitting webpage

Offline ykplacer

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Re: FMC Expired - Did i lose my claim???
« Reply #2 on: April 09, 2019, 09:36:28 AM »
As long as you renew your FMC before the 2021 claim expiry date, you're ok.

If ya don't, you'll lose the claim.

Offline Lyroma

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Re: FMC Expired - Did i lose my claim???
« Reply #3 on: April 09, 2019, 10:06:28 AM »
Thanks YK. Since posting I received the phone call from Front Counter.

As you said the " Good To Date" stays the same whether I have a FMC or not. Obviously I need a FMC to Purchase a claim or to work one other than panning.

 


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