Ann: Quarterly Activities Report, page-51

The Mining Lease was granted yesterday!!!

Permit ID:ML 100030Status:Granted

Lodged date:24/02/2015Grant date:07/019

Expiry date:28/02/2039Current term:20 yearsCertificate of application:08/11/2015Certificate of public notice:08/11/2015
Conditions:Special Conditions 1. The holder must commence mining operations within three years of grant and provide notification to the Chief Executive that mining operations have commenced. 2. Within 60 days of a written request, the holder must provide a written report to the Chief Executive that outlines the following, in sufficient detail to enable the Chief Executive to assess the holders compliance with their obligations under the mining lease: a. The operations and authorised activities carried out during that period and cumulatively during the term of the mining lease; b. The human, technical and financial resources expended during that period and cumulatively during the term of the mining lease; and c. The yield and, where known, the value of the mineral resources won during that period and cumulatively during the term of the mining lease. 3. Within 60 days of the expiration of the mining lease, or upon lodgement of any application to renew this mining lease, the holder must provide a written Final Report to the Chief Executive that outlines the following in sufficient detail to enable the Chief Executive to assess the holders compliance with their obligations under the mining lease: a. The operations and authorised activities carried out since the last report and cumulatively during the term of the mining lease; b. The human, technical and financial resources expended since the last report and cumulatively during the term of the mining lease; c. The yield and, where known, the value of the mineral resources won since the last report and cumulatively during the term of the mining lease; 4. The holder must provide any further information the Chief Executive requires in relation to any report.