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mineral deposit

   Also found in: Wikipedia 0.01 sec.
mineral deposit [′min·rəl di‚päz·ət]
(geology)
A mass of naturally occurring mineral material, usually of economic value.


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The memorandum establishes a business relationship for the development of Daleco's Kaolin mineral deposit located in New Mexico.
Judging from the title of this book, I was expecting to find between its covers everything that a mineral deposit geologist should know about the effects of global evolution on ore-forming environments.
However, Justice Souter stated that the unrecovered costs of depreciable improvements to a mineral deposit could not be included in the adjusted basis of the property that was offset against the year's percentage depletion in arriving at the amount that constitutes a tax preference.
 
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