1 No_2228.docx - (5 The Mining Inspectorate shall...

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(5) The Mining Inspectorate shall bi-annually review the performance and compliance status of the License Holder; (6) The License Holder shall be entitled to Bid to obtain an Exploitation License for all or part of the Mineral Substances identified in the Exploration License; (7) The License Holder may request that information presented in any report or data submitted by to the Ministry of Mines is confidential and upon the granting of such request, the Ministry of Mines shall keep the requested information confidential for a period of two years from License expiration, termination or relinquishment, whichever is earlier; Article 31 Modification of Exploration License (1) The conditions and requirements of a valid License may be modified by the Ministry of Mines during the term of the License. Modification procedures shall be specified in the License and may be initiated by the written request of the License Holder.
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