Commercial Sale

Property Description

Pack up your pick and shovel and head to your very own 5 acre mining property in Pitt Meadows. These rare freehold undersurface rights allow for prospecting, digging, drilling, exploring and mining only - not for building a home. However, permitted structures that can be built include buildings, roadways and other structures and conveniences provided that they are primarily used for purposes above. Registered indenture and mining lease allows unrestricted access to the property (with or without vehicles) without compensation or royalties having to be paid to province or surface owners. Ownership includes all subsurface lands, mines, coal, minerals, oil, petroleum and natural gas. Located above the Georgia Gas Basin estimated by the Geological Survey Branch of Canada to contain 6.5 Tcf of natural gas. Family has owned these Crown Granted rights since the 1920s. STRICTLY A HOLDING PROPERTY, INVESTMENT OPPORTUNITY OR FOR MINING AND EXPLORATION USE ONLY.