Securing a valid Exploration Licence is often the first step in achieving your exploration goals so it is critical that explorers get the Exploration Licence Application process right to ensure security of tenure. The process involves a number of steps and various components that allow the decision-maker to grant the Exploration Licence and it is critical that each of these components are provided to ensure that the application is valid.
Some of the things an explorer needs to consider before lodging an Exploration Licence Application in NSW include:
- The minerals being sought under the Exploration Licence.
- The proposed term of the Exploration Licence.
- The proposed activities and exploration targets under the Exploration Licence.
- The status of the underlying land tenure and whether there might be any impediments to either grant of the Exploration Licence or carrying out activities under the Exploration Licence once granted.
Once an Exploration Licence Application has been lodged the applicant will be required to complete a number of additional steps prior to grant, including publication of advertisements and payment of any prescribed fees.
Once granted it is important that the holder of the Exploration Licence becomes familiar with the conditions of the Exploration Licence and the associated regulatory framework, including statutory requirements, Codes of Practice and Government policies and guidelines.
Hetherington provide expert advice to guide clients throughout the entire Exploration Licence Application process from lodgement of the application, towards the successful grant of an Exploration Licence and we are experienced in navigating the regulatory framework for Exploration Licences in NSW.
