Exploration Licence (EL) (SA)

The Department of State Development web site contains infromation on Exploration Licencing

The minimum expenditure requirement is nominally $30,000 plus $97/km2 per year and rounded to the nearest $5,000

An EL can have a maximum term of 5 years, after which time a new application for the area may be lodged using Form 29 – Mineral Exploration Licence application

A subsequent application must be lodged at least three months prior to expiry of the existing EL

Where the licensee seeks a renewal of term (within the maximum term of 5 years), an application for renewal must be lodged a minimum of one month prior to expiry of the EL

A late lodgment is subject to the holder seeking Ministerial Consent a