Ministry of Natural Resources and Environmental Conservation

Sr.	Type of Minerals	Prospecting Period		Exploration Period					Feasibility Study Period		Developing Period			Production Period
Sr.	Type of Minerals	1^st Yr	2^nd Yr	1^st Yr	2^nd Yr	1^st Yr	1^st Yr	2^nd Yr	1^st Yr	2^nd Yr	1^st Yr	2^nd Yr	3^rd Yr	1-15 Yrs
1.	Industrial Minerals (or) Stone	0.5	1.0	8.0	12.0	14.0	8.0	12.0	8.0	12.0	14.0	16.0	20.0	20.0
2.	Metallic Minerals	1.0	2.0	16.0	16.0	18.0	16.0	16.0	16.0	16.0	18.0	21.0	24.0	30.0
3.	Precious Metallic Minerals	2.0	4.0	32.0	32.0	36.0	32.0	32.0	32.0	32.0	36.0	42.0	48.0	60.0

Remark : 1. Extension period subject to the approval of the Ministry or the Department.

2. Exchange rate subject to daily exchange rate.