You can only hold one prospecting lease that you have personally staked in the Yukon at a time. To hold more than one lease you will need to have a lease assigned to you by another lease holder.
You can only assign a prospecting lease after completing the first year’s worth of assessment work and filing it with the mining recorder.
You cannot assign portions of a lease. The new operator will receive 100 per cent of the assigned prospecting lease.
Prepare your assignment
To submit an assignment application, you’ll need to contact the district mining recorder’s office for the details of your lease.
Assign to a company
If you’re assigning a prospecting lease on behalf of, or to a company, you must attach to the form:
- the company seal; or
- a statutory declaration swearing you’re authorized to assign the lease.
If a company seal is affixed, you do not need to complete the affidavit of assignee.
The witness for both the original owner and the new owner will need to complete a notarized affidavit.
Corporations must be registered with Yukon's’ Corporate Affairs office if they want to:
- hold a prospecting lease; or
- do other business related to leases.
Assign to a person
If you’re assigning a lease to another person, you do not need an extra statutory declaration. You need the signature of the person you are assigning the lease to, the witnesses, and the notary public.
Submit an application
- Download and complete the assignment form.
- The form must be signed in front of witnesses.
- Your signature, along with the witnesses’ signature, must be notarized by a notary public. If you live in a jurisdiction outside of the Yukon, the witness must still complete the witness’s affidavit in full.
- Attach the company seal, or statutory declaration, if needed.
- Submit your assignment to the mining recorder’s office in the mining district the lease is located in. The mining recorder’s office must receive the original documents.
- Pay a recording fee of $2 by cash, cheque, debit or credit.
What happens next?
Once the assignment is completed, we’ll send a copy of the assignment form to the new lease holder and the previous owner.
Paying financial security
The new lease holder may need to pay financial security if the lease:
- overlaps with an existing surface disposition; or
- is on Category B Settlement Land.
The district mining recorder will determine if the new owner needs to pay financial security and will notify the applicant. Security payments can be arranged through the mining recorder’s office.
Class 1 notification or mining land use approval
The new owner of a prospecting lease will also have to assign the Class 1 notification or mining land use approval associated with the prospecting lease. The new owner of the lease will need to adhere to all the requirements of the permit.
If you have any questions, contact your district mining recorder's office.