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Emerging Frontier Provinces

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Chad – Pro-Mining Investment Framework<br />

Attractive Mining Code and investment<br />

framework<br />

› Mineral exploration licenses granted<br />

for 5 years<br />

› Renewable twice for a total 15 year<br />

period<br />

› Mining licenses granted for a 25-year<br />

term and renewable<br />

› 10-year tax holiday<br />

› 35% Corporate tax rate<br />

› The State has the right for a 10% free<br />

carry and 2% royalty<br />

› Commercial terms negotiable<br />

9

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