grubstake contract

grubstake contract
A contract between one person known as an outfitter and another person known as the miner, wherein the former agrees to supply the latter in a mining adventure which the latter agrees to follow for a prescribed period. 36 Am J1st Min & M §§ 171, 172. An arrangement by which one of the parties undertakes to supply finances, supplies or equipment which the other party is to use m discovering and locating mineral claims on the public domain the parties to share in any claims located. Anno: 70 ALR2d 907. Sometimes spoken of as a prospecting partnership, but to be distinguished from a mining partnership. Anno: 70 ALR2d 907.

Ballentine's law dictionary. . 1998.

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