Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002)RegulationsAmendment Regulations to the Mineral and Petroleum Resources Development Regulations, 2020Chapter 2 : Mineral and Petroleum, Social and Environmental RegulationsPart 1 : Mineral and Petroleum Regulation7. Prospecting work programme |
| (1) | The prospecting work programme must contain— |
| (a) | the full particulars of the applicant; |
| (b) | the plan contemplated in regulation 2(2), showing the land to which the application relates; |
| (c) | the registered description of the land to which the application relates specifying the farm name and subdivision; |
| (d) | the mineral or minerals to be prospected for; |
| (e) | a geological description of the land substantiated by a geological map; |
| (f) | a description of how the mineral resource and mineral distribution of the prospecting area will be determined through— |
| (i) | the prospecting work to be performed; |
| (ii) | a geochemical survey to be carried out; and |
| (iii) | a geophysical survey to be undertaken; |
| (g) | a description of the prospecting method or methods to be implemented that may include— |
| (i) | any excavations, trenching, pitting and drilling to be carried out; |
| (ii) | any bulk sampling and testing to be carried out; and |
| (iii) | any other prospecting methods to be applied; |
| (h) | All planned prospecting activities must be conducted in phases and within specific timeframes. |
| (i) | technical data detailing the prospecting method or methods to be implemented and the time required for each phase of the proposed prospecting operation; |
| (j) | details with documentary proof of— |
| (i) | the applicant's technical ability or access thereto to conduct the proposed prospecting operation; and |
| (ii) | a budget and documentary proof of the applicant's financial ability or access thereto, which may include but is not limited to the following: |
| (aa) | Loan agreements entered into for the proposed prospecting operation; |
| (bb) | resolution by a company to provide for the finances required for the proposed prospecting operation; and |
| (cc) | any other mechanism or scheme providing for the necessary finances for the proposed prospecting operation; |
| (k) | a cost estimate of the expenditure to be incurred for each phase of the proposed prospecting operation where the expenditure must be broken down into- |
| (i) | direct prospecting costs; |
| (ii) | labour costs; |
| (iii) | costs pertaining to the rehabilitation and management of environmental impacts; and |
| (iv) | any other direct cost; and |
| (l) | an undertaking, signed by the applicant, to adhere to the proposals as set out in the prospecting work programme. |
| (2) | The prospecting work programme referred to in subregulation (1) shall form part of the prospecting right when such right is granted. |