| Director General | |
| Economic and Financial | |
| Policy Analysis Branch | |
| Mineral Policy Sector | |
| Energy, Mines and Resources, Canada | File No. 900454 |
| 7th Floor, | G.R. White |
| 460 O'Connor Street | (613) 957-8585 |
| Ottawa, OntarioK1A 5H3 |
Attention: Mr. Donald G. Schell Director Mining Tax Legislation Interpretation Division
May 2, 1990
Dear Sirs:
Re: 24(1) Mineral Resource Subsection 248(1) of the Income Tax Act
We are writing to request your certification that 24(1) is 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 all the information we received from the taxpayer indicating that 24(1)
24(1) has signified that it is anxious to receive notice of this certification as soon as possible so that its exploration program will qualify for the Canadian Exploration Incentive Program.
Yours truly,
Director GeneralRulings DirectorateLegislative and IntergovernmentalAffairs Branch