C.F.R. » Title 43 » CHAPTER II—BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR › SUBCHAPTER C—MINERALS MANAGEMENT (3000) › PART 3500—LEASING OF SOLID MINERALS OTHER THAN COAL AND OIL SHALE › Subpart 3509—Fractional and Future Interest Lease Applications

43 C.F.R. § 3509.15

Do I have to pay for a future interest lease?

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You must pay fair market value for the mineral deposit when title vests in the United States. You also will be required to pay royalty on your production.