Northern Territory Consolidated Acts Northern Territory Consolidated Acts16. Grant of exploration licence
(1) Subject to this Act, including Parts XIA and XIB (as applicable) and Part XIII, the Minister may, on the application of a miner, grant to that miner an exploration licence in respect of land specified in the licence for a term not exceeding 6 years.
(2) The area of land in respect of which an exploration licence may be granted shall be contained in a single licence area, not exceeding 500 blocks, consisting of -
(a) a group of blocks each of which has a common side or point with another block in the single licence area; or
(b) a single block.
(3) An exploration licence shall not be granted -
(a) in respect of land the subject of another exploration licence; or
(b) unless the applicant first lodges with the Minister such security as the Minister considers sufficient for the payment of compensation that, under this Act, the licensee may become liable to pay.