1. LawStack
  2. Title 43 - Public Lands: Interior
  3. Subtitle B - REGULATIONS RELATING TO PUBLIC LANDS
  4. Chapter II - BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR
  5. Subchapter C - MINERALS MANAGEMENT (3000)
  6. Part 3500 - LEASING OF SOLID MINERALS OTHER THAN COAL AND OIL SHALE
  7. Subpart 3509 - Fractional and Future Interest Lease Applications
  8. 43 CFR § 3509.40
43 CFR § 3509.40
What are fractional interest prospecting permits and leases?
June 11, 2020
CFR

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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§ 3509.30 May I withdraw my application for a future interest lease?
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§ 3509.41 For what lands may BLM issue fractional interest prospecting permits and leases?

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