Due-diligence checks, deadlines, audits, heritage and environmental obligations across all jurisdictions.8 rules
Pending renewal / extension applications
Check whether a renewal or extension application is lodged and its approval status, so a tenement doesn't lapse mid-transaction.
Area reduction schedule (EPM)
40% reduction at year 3 and 50% at year 5, repeating after each renewal.
Rent / fee good standing
Confirm annual rent or licence fees are paid and not overdue — an unpaid rent notice is usually the first step toward forfeiture.
Expenditure / work-commitment compliance
Confirm the required exploration expenditure or work programme has been met and reported for the current reporting year.
Holder identity & dealings history
Verify the registered holder(s) and share splits match what's expected, and check the dealings register for caveats, mortgages, farm-ins or JVs.
Title validity & expiry
Confirm the tenement's current status is granted/live, and its expiry date is correct and not imminent, before relying on it in a deal or report.
Environmental Authority linkage
EPM/ML activity requires a linked Environmental Authority under the Environmental Protection Act 1994, separate from the Mineral Resources Act tenement itself.
Land access & native title (MERCP Act)
Check native title Future Act compliance and the land-access/objection regime under the Common Provisions Act, and confirm landholder access agreements are in place.