Bill 119 hr 745, also known as the "Mineral Values Study Act," directs the Director of the Bureau of Land Management and the Chief of the United States Forest Service to conduct a study of onshore mineral values. This study will focus on identifying and assessing the mineral resources located on public lands and forests in the United States.
Additionally, the bill requires the Director of the Bureau of Ocean Energy Management to conduct a study of offshore mineral values. This study will analyze the mineral resources located in the waters off the coast of the United States, including oil, gas, and other valuable minerals.
The purpose of these studies is to provide valuable information to policymakers and stakeholders about the potential mineral resources available on public lands and in offshore waters. This information can help inform decisions about resource management, conservation, and economic development.
Overall, the Mineral Values Study Act aims to increase understanding of the mineral resources available in the United States and promote responsible stewardship of these valuable natural resources.