| Director General | |
| Economic and Financial | |
| Policy Analysis Branch | File No. 900777 |
| Energy, Mines and Resources Canada | G.R. White |
| 7th Floor | (613) 957-8585 |
| 460 O'Connor Street | |
| Ottawa, Ontario | |
| K1A 5H3 |
Attention: Mr. Donald G. SchellDirectorMining Tax Legislation Interpretation Division
June 5, 1990
Dear Sirs:
Re: 24(1) Mineral Resource Subsection 248(1) of the Income Tax Act
We are writing to request your certification that a diamond deposit such as would occur in the survey area of 24(1) would be a mineral resource as that term is defined under subparagraph (d)(i) of the definition in subsection 248(1) of the Income Tax Act.
Attached is the report of 24(1) .
Please advise us if we can be of further assistance.
Yours truly,
C.C. B. DarlingngDirector GeneralRulings DirectorateLegislative and Intergovernmental Affairs Branch
enclosure