57Requirements for annual technical report on exploration activity

57 Requirements for annual technical report on exploration activity

(1) For the purposes of regulation 53(4)(b)—

(a) the specified requirements are that an annual technical report must comply with any relevant—

(i) guidelines issued by the Minister under section 120A of the Act; and

(ii) guidance issued by the Department Head; and

(b) the specified information is the following in relation to activities undertaken under the licence—

(i) a complete record of all geological, geophysical, geochemical and other technical investigations with relevant maps showing locations of surveys;

(ii) a complete record of all drillholes and excavations with logs and relevant maps showing locations;

(iii) details of any material tested and assay results;

(iv) a summary of any mineral resource or ore reserves;

(v) any interpretations formed as a result of surveys or activities undertaken;

(vi) details of how the maps and sections provided in the report are related to the Map Grid of Australia 2020 (MGA2020), within the meaning of the Survey Co-ordination Regulations 2014;

(vii) data, text and maps submitted in an electronic form.

(2) An annual technical report may encompass the activities occurring in relation to more than one licence if the licences are—

(a) held by the same licensee; and

(b) over adjoining areas; and

(c) have the same reporting date.

Reg. 57A inserted by S.R. No. 97/2022 reg. 9.