The applications for the extended special prospecting licences over the ground held under the expiring special prospecting licences issued pursuant to the Concession Agreement and the Minerals Act B.
The letter received from the Department of Primary Industry and Mines questions APPC's right to extend or renew special prospecting licences over the Udon North area under the Concession Agreement.
The company's view is that it is fully entitled to an extension of the expiring special prospecting licences covering the Udon North area pursuant to the provisions of the Concession Agreement and in light of the comments made in the letter received from the Department of Primary Industry and Mines APPC and its advisers are in the process of trying to resolve the matter with the relevant government authorities.
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