43 C.F.R. § 3509.40

What are fractional interest prospecting permits and leases?

Last amended: 2016Year: 2026Length: 35 wordsOfficial source

Cite as 43 C.F.R. § 3509.40 (2026)

They are prospecting permits and leases for parcels where the United States holds less than 100 per cent of the mineral interest of the parcel. Fractional interest leases allow development of the shared mineral interests.
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