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Mineral Titles Act 2010
41Application for and grant of ML
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41 Application for and grant of ML
grant of an ML.
(2) An application for the grant of an ML must include the following
information:
the ML;
(b) evidence of an ore body or anomalous zone of likely economic
value in the proposed title area, unless the ML is required to
conduct activities mentioned in section 40(1)(b)(ii);
(c) a technical work program for the first operational year of the
ML.
(2A) An application for an ML may be accompanied by a copy of a report
to the Australian Securities Exchange Limited that:
(a) relates to the proposed title area of the ML; and
(b) complies with the Australasian Code for Reporting of
Exploration Results, Mineral Resources and Ore Reserves
published by the Joint Ore Reserves Committee as that Code
is in force from time to time.
(3) The Minister may grant an ML for the term the Minister considers
appropriate.
Notes for section 41