Mineral Exploration Reporting (WA)
An exploration report is required annually for each tenement 2 months after the anniversary of a tenement, unless the tenement is part of a group report, then the exploration report is due at a date stipulated by the DMP. To obtain group reporting for a group of tenements they must be contiguous or nearly contiguous and and the total area of the tenements must not exceed an area stipulated by the Director of the Geological Survey.
The holder(s) of, or agent for, a group of granted tenements may apply for Ministerial approval, in accordance with Section 115A(4), to submit one combined annual mineral exploration report on a common date for a group of two or more contiguous (or nearly contiguous) tenements that are being worked in a common exploration program. The Minister takes the following into consideration.
- The geological target being investigated in common exploration programme;
- The geographical distribution of the tenements;
- The previous history of the combined reporting (all individual reports must be submitted);
- Common ownership of the tenements;
The following link is to the complete guidelines for exploration reporting Guidelines for Exploration Reporting.
Though the DMP have introduced online lodgement of exploration reporting and releasing draft guidelines see this link here Draft Guidelines Mineral Exploration Reports
For online reporting see this link http://www.dmp.wa.gov.au/5136.aspx
Group Reporting is very important as it becomes the basis of one of the reasons for an exemption from expenditure under Section 102(2)(h) of the Act.
If .
mineral exploration reports are not lodged as required under Section 115A(2), or the reports
lodged do not meet the requirements of Section115A(3), then those tenements are liable to forfeiture. In accordance with the Act:
- Prospecting Licences are liable to forfeiture under Section 96(2) (ba)
- Exploration Licences are liable to forfeiture under Section 63A (ba)
- Mining Leases are liable to forfeiture under Section 82(1) (g), and
- Retention Licences are liable to forfeiture under Section 70K (ba). If a combined mineral exploration report on a tenement group is not submitted as required, then each individual tenement in the combined group will be liable to forfeiture 60 days after the anniversary of the date of that tenement.