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merchantable ore

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 247 U.S. 116 - United States v. Biwabik Mining Co. · 1918Most cited · 183 citing opinions

including 'all ores which grade 55% and above in metallic iron regardless of other ingredients.' "The lessee contracted to mine and remove at least 300,000 tons of ore annually, or to pay to the lessor 30c.