Final exploration report, resource assessment

Subsequent to tasks performed by holding the grant of right for exploration and approved by the Departments of Mining Affairs as well as the Division of Mining Supervision (as for the Government Office of Pest County) of the competent county Government Offices (hereinafter together referred to as: Department of Mining) but at most within 6 months from the expiry of permitted period for exploration, the mining entrepreneur shall complete the final exploration report and submit it to the Department of Mining in 2 copies. The completion and content of final exploration report shall be specified in Act XLVIII of 1993 on mining and Government decree 203/1998 on its implementation. 
The final exploration report shall be countersigned by an expert at geology holding the permit specified in separate legislation. The final exploration report comprises of a text part and annexes. Annexes consist of text documents with basic data and map annexes. 
The purpose of completion of such a final exploration report for the mining entrepreneur is to give an account of the exploration performed in connection with state-owned mineral resources and in geologic media as well as present results obtained. He shall deliver specifications of the geologic media as well as conducted laboratory tests to the owners. Classification of mineral resources and resource assessment are one of the most remarkable reasons for completing the final exploration report. Upon the completed – and approved by the Department of Mining – classification and resource assessment, the volume and quality of mineral resource of the mining plot to be established are determined. Content requirements of final exploration report shall be introduced by the provision referred to by Bt. 
The Department of Mining shall make a decision on the approval of final exploration report in a resolution. The final exploration report shall be approved by the Department of Mining if the countersigning expert at geology is recorded in the registry, the final exploration report satisfies those in the legislation and compulsory annexes are attached as well. 
Types and data of mineral resources identified in the course of exploration shall be recorded – on completing the assessment of mineral resources and reserves subsequent to approval - in the National Inventory of Mineral Resources and Geothermal Energy. 
(1) The mining entrepreneur may initiate the establishment of mining plot as well as the designation of geothermal protective pillar within 5 months from the resolution approving the final exploration report becoming final and enforceable. The period for environmental permitting proceeding and the activity pursuant to paragraphs (1a) and (1b) of Section 23 of Bt. shall not be included in the 5-month period.  In case of failure to comply with the deadline the mining entrepreneur shall lose the right to initiate the establishment of mining plot and the designation of geothermal protective pillar. 
(2) The establishment of mining plot may also be applied upon any legally obtained data from the Data Bank, any results of new theoretical geological interpretation or any resource assessment using data of reconnaissance carried out upon notification. In case of application submitted upon the resource assessment, the Mining Authority shall call the applicant upon – except the establishment of mining plot for crude oil, natural gas including carbon dioxide – the initiation of environmental permitting proceeding and shall suspend the proceeding for the establishment of mining plot until the final disposal of proceeding (paragraph (2) of Section 26/A of Bt.). 
 
Section 25 of Bt. shall order on compulsory delivery of data obtained in exploration to the state according to which data obtained in exploration the mining entrepreneur shall annually including 


·         in the final exploration report, initial data on the volume, quality and location of mineral resources as well as characteristics of geothermal energy in the Earth’s crust,
·         the change in resource and reserve of mineral resources as well as report on the volume of extracted and utilized geothermal energy subsequent to the commencement of exploitation, 
·         statement on mineral resource/reserve left behind at closure of mine or field abandonment, 
be obliged to submit to the body performing state geological duties. 
 
The Department of Mining shall consider delivered data as business secret 


·        data delivered by the mining entrepreneur in exploration till the termination of right for exploration but at most the final consideration of application for the establishment of mining plot, 
·        data delivered by the mining entrepreneur inside the mining plot till the termination of right for exploration but at most for 3 years from the date of obligation for data delivery, 
·       data delivered by the permittee of geological exploration for 3 years from the resolution approving the final exploration report becoming final 
for 1 year from the date the resolution for approval becoming final,
·       data delivered to the joint production plan for 3 years from the completion time of technical operation plan specified in paragraph (2) of Section 29 
 
During this period, geological data considered as business secret shall be marketable with which the entitled is free to dispose of. Information related to the locations of completed explorations and owners of exploration data shall be excluded from the scope of business secret. 
The mining entrepreneur and the entitled to geological exploration shall be responsible for the authenticity of delivered data which are to be checked by the body performing state geological tasks. 
The body performing state geological tasks – for application of the entitled – shall issue a certificate on data of national mineral resources/reserves as well as in inventory of geologic structures storing carbon dioxide of energetic and industrial origin. 

 
Subsequent to tasks performed by holding the grant of right for exploration and approved by the Departments of Mining Affairs as well as the Division of Mining Supervision (as for the Government Office of Pest County) of the competent county Government Offices (hereinafter together referred to as: Department of Mining) but at most within 6 months from the expiry of permitted period for exploration, the mining entrepreneur shall complete the final exploration report and submit it to the Department of Mining in 2 copies. The completion and content of final exploration report shall be specified in Act XLVIII of 1993 on mining and Government decree 203/1998 on its implementation. 


The final exploration report shall be countersigned by an expert at geology holding the permit specified in separate legislation. The final exploration report comprises of a text part and annexes. Annexes consist of text documents with basic data and map annexes. 
The purpose of completion of such a final exploration report for the mining entrepreneur is to give an account of the exploration performed in connection with state-owned mineral resources and in geologic media as well as present results obtained. He shall deliver specifications of the geologic media as well as conducted laboratory tests to the owners. Classification of mineral resources and resource assessment are one of the most remarkable reasons for completing the final exploration report. Upon the completed – and approved by the Department of Mining – classification and resource assessment, the volume and quality of mineral resource of the mining plot to be established are determined. Content requirements of final exploration report shall be introduced by the provision referred to by Bt. 
The Department of Mining shall make a decision on the approval of final exploration report in a resolution. The final exploration report shall be approved by the Department of Mining if the countersigning expert at geology is recorded in the registry, the final exploration report satisfies those in the legislation and compulsory annexes are attached as well. 


Types and data of mineral resources identified in the course of exploration shall be recorded – on completing the assessment of mineral resources and reserves subsequent to approval - in the National Inventory of Mineral Resources and Geothermal Energy. 
(1) The mining entrepreneur may initiate the establishment of mining plot as well as the designation of geothermal protective pillar within 5 months from the resolution approving the final exploration report becoming final and enforceable. The period for environmental permitting proceeding and the activity pursuant to paragraphs (1a) and (1b) of Section 23 of Bt. shall not be included in the 5-month period.  In case of failure to comply with the deadline the mining entrepreneur shall lose the right to initiate the establishment of mining plot and the designation of geothermal protective pillar. 
(2) The establishment of mining plot may also be applied upon any legally obtained data from the Data Bank, any results of new theoretical geological interpretation or any resource assessment using data of reconnaissance carried out upon notification. In case of application submitted upon the resource assessment, the Mining Authority shall call the applicant upon – except the establishment of mining plot for crude oil, natural gas including carbon dioxide – the initiation of environmental permitting proceeding and shall suspend the proceeding for the establishment of mining plot until the final disposal of proceeding (paragraph (2) of Section 26/A of Bt.). 
 
Section 25 of Bt. shall order on compulsory delivery of data obtained in exploration to the state according to which data obtained in exploration the mining entrepreneur shall annually including 


·         in the final exploration report, initial data on the volume, quality and location of mineral resources as well as characteristics of geothermal energy in the Earth’s crust,
·         the change in resource and reserve of mineral resources as well as report on the volume of extracted and utilized geothermal energy subsequent to the commencement of exploitation, 
·         statement on mineral resource/reserve left behind at closure of mine or field abandonment, 
be obliged to submit to the body performing state geological duties. 
 
The Department of Mining shall consider delivered data as business secret 


·        data delivered by the mining entrepreneur in exploration till the termination of right for exploration but at most the final consideration of application for the establishment of mining plot, 
·        data delivered by the mining entrepreneur inside the mining plot till the termination of right for exploration but at most for 3 years from the date of obligation for data delivery, 
·       data delivered by the permittee of geological exploration for 3 years from the resolution approving the final exploration report becoming final 
for 1 year from the date the resolution for approval becoming final,
·       data delivered to the joint production plan for 3 years from the completion time of technical operation plan specified in paragraph (2) of Section 29 
 
During this period, geological data considered as business secret shall be marketable with which the entitled is free to dispose of. Information related to the locations of completed explorations and owners of exploration data shall be excluded from the scope of business secret. 
The mining entrepreneur and the entitled to geological exploration shall be responsible for the authenticity of delivered data which are to be checked by the body performing state geological tasks. 
The body performing state geological tasks – for application of the entitled – shall issue a certificate on data of national mineral resources/reserves as well as in inventory of geologic structures storing carbon dioxide of energetic and industrial origin.