155‑10 The effect of renewing or changin155‑10 The effect of renewing or changing exploration rights

#### 155‑10 The effect of renewing or changing exploration rights (1) A change in, or a renewal of, the \*exploration right to which a \*pre‑mining project interest relates does not cause the \*termination day for the pre‑mining project interest to happen. (2) However, if the change in, or the renewal of, the \*exploration right results in the exploration right covering an additional area: (a) the \*project area for the \*pre‑mining project interest does not include that additional area, unless the additional area is insignificant; and (b) to avoid doubt, the additional area is the project area for another pre‑mining project interest, unless the additional area is insignificant. (3) In determining, for the purposes of subsection (2), whether an additional area is insignificant, assume that the additional area includes any other such additional areas that have been included in the \*project area for the \*pre‑mining project interest because of a previous application of that subsection.