116. Lands under mining concession for inferior minerals within the meaning of the former legislation shall be withdrawn from the staking of claims.
If the owner of such a concession wishes to obtain the right to the other minerals, he may apply therefor to the Minister who shall grant it to him on payment of the difference between the price fixed by this act for the right to all minerals and the amount already paid for the inferior minerals.
1965 (1st sess.), c. 34, s. 121.