RE: I know what would be good shortly22 Sep 2021 06:49
When a mining right is approved, it is normal practice for a Company to make application for further exploration licenses within a 5km perimeter of the mining right.
This exclusive right is in place to protect parties to which a mineral discovery is credited, in the event that their mineral reserve can be shown to be continuous beyond their production license. This can occur if, for example, the Company's initial exploration license did not include all of the on-strike continuity of a potential ore body.