3 Quarry Leases - Northern Saskatchewan

This is an exceptional opportunity to acquire three quarry leases, located in the mineral-rich region of Northern Saskatchewan. These leases, designated as Y-7793, Y-7794, and Y-7795, are ideal for those seeking to invest, expand or secure future interest in the limestone quarrying industry.

Each lease grants exclusive rights to quarry and process limestone, ensuring a steady supply of this useful resource. The leases are strategically positioned west and north of the Limestone Lake Recreation site, encompassing approximately 12 acres in total.

Key Features:

Location: The leases are situated in a prime quarrying area, with access to high-quality limestone deposits.

1. The precise UTM NAD 83 - Zone 13 coordinates for Lease Y-7793 are as follows: starting at 615978 easting, 6060835 northing; extending southerly to 615978 easting, 6060614 northing; then westerly to 615840 easting, 6060614 northing; northerly to 615840 easting, 6060835 northing; and back to the starting point.
2. The precise UTM NAD 83 - Zone 13 coordinates for Lease Y-7794 are as follows: starting at approximately 616911 easting 6062535 northing, thence southerly to 616911 easting 6062446 northing, thence westerly to 616821 easting 6062446 northing, thence northerly to 616821 easting 6062535 northing; and back to the starting point.
3. The precise UTM NAD 83 - Zone 13 coordinates for Lease Y-7795 are as follows: starting at approximately 616664 easting 6062257 northing, thence southerly to 616666 easting 6062180 northing, thence westerly to 616534 easting 6062176 northing, thence northerly to 616532 easting 6062254 northing; and again back to the starting point. 

GPS Coordinates: 

1. Lease Y-7793: 54.680810, -103.202571
2. Lease Y-7794: 54.696347, -103.186812
3. Lease Y-7795: 54.696347, -103.186812

Term and Financials: The leases are valid for a period of five years starting from August 26, 2023, with an annual rental rate of $2.00 per acre. Additional royalties apply as determined by the Saskatchewan Ministry of Energy and Resources.

Operational Guidelines: The leaseholder is obligated to carry out quarrying operations in a manner that minimizes environmental impact and ensures the safety of surrounding properties. This includes proper waste disposal and maintaining safety enclosures around quarry sites.

Legal and Compliance: All operations must comply with The Crown Minerals Act and The Quarrying Regulations of Saskatchewan (see below for PDF). Leaseholders are also responsible for all applicable taxes, rates, and assessments on the leased lands.

Accessibility and Infrastructure: While the leases do not convey surface rights, they provide all necessary subsurface rights for quarrying operations. Leaseholders must secure surface access permissions from the relevant landowners. Further there are no known routes of access to the quarry sites, although satellite imagery suggests there maybe trail access.

Lease Sizes:

• Lease Y-7793: 8 Acres
• Lease Y-7794: 2 Acres
• Lease Y-7795: 2 Acres

These quarry leases offer a unique oportunity to tap into Saskatchewan's extensive limestone reserves, supported by a stable regulatory framework and favorable lease terms.