Assessment Lease - New South Wales

Description

You will require this lease if you intend to hold the title to a mineral deposit for further assessment after an exploration or prospecting licence has expired. An assessment lease allows you to retain title of minerals you have discovered but are currently unable or uncertain if you will commence mining. For example, a mineral resource has been proven and the feasibility of mining established, but where for various reasons, the project is not viable, although it has potential to be developed in the foreseeable future.

There are areas of mineral potential which are natural extensions to existing operations or projects, but where it is currently impractical to apply for a mining lease.

Please consult the Contact Officer for more information.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

To be eligible for this lease you must:

  • be at least 18 years old
  • specify the minerals you are assessing and provide evidence you own them
  • provide a description of the land over which the assessment lease is sought
  • provide an assessment of the mineral bearing capacity of that land and of the extent of any mineral deposits in that land
  • provide particulars of your financial resources and the availability of technical advice
  • any proposed marketing or environmental study
  • pay any required fees.

Please consult the Contact Officer for more information regarding eligibility requirements.

Duration

Up to six years.

Expiry

Anniversary of date of issue.

Fees

Fees Details for this service in table format.

Task Type Business Structure Amount Description
Apply Application All $2000.00

Plus $6 per year of tenure for each hectare or part hectare of land to which the application relates.

General Miscellaneous All -

Further fees may apply. Please consult the Contact Officer for more information.

Renew Renewal All $2000.00

Plus $6 per year of tenure for each hectare or part hectare of land to which the application relates.

Act(s) name

Mining Act 1992 New South Wales

Regulation(s) name

Mining Regulation 2016 New South Wales

Administering agency

Department of Planning, Industry and Environment

Division of Resources and Geoscience

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Please use these contact details for help or more information:

General Enquiries

Division of Resources and Geoscience

Department of Planning, Industry and Environment

Operating address: 323 Castlereagh Street
Sydney, New South Wales 2000
Mailing address: PO BOX K348
Haymarket, New South Wales 1240
Phone: 02 4063 6500
Phone: 1300 736 122
Email: information@planning.nsw.gov.au
Website: Division of Resources and Geoscience (Opens in new window)