(1) A person having obtained a
license shall operate prospecting operations within a period of Ninety days
from the date of license so obtained.
(2)In case of failure to operate prospecting operations within the
period as referred to in Sub-rule (1) the Department may revoke the license
of prospecting operations.
(3) Notwithstanding anything contained elsewhere in this Rule, if the
person who has obtained a license for prospecting operations applies before
expiry its date specifying special circumstances by virtue of which he/she
has failed to operate the prospecting operations within the period referred to
in Sub-rule (1), the Department may, if it deems fit after making necessary
inquiry on the same, provide permission for operation of prospecting
operations with the period of Ninety days from the date on which the
specified time was expired.