Joint venture ("JV") agreements are commonly used
in connection with the exploration and development of mining sites by two or
more joint venture partners.
Amongst other things, JV agreements typically include
general provisions on the formation of the JV, its objects and scope and
development, the respective rights, obligations and liabilities of the JV
parties, covenants, warranties, the ownership of the JV property and assets,
and the use of the JV property (for example whether or not a JV partner can use
its interest to secure future finance, and whether or not there is to be a
general prohibition against partition or encumbering of the JV property)...http://www.charltonsnaturalresources.com/en/joint-venture-agreements
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