DENR ADMINISTRATIVE ORDER NO. 96-25, S. 1996

: The main purpose is to amend Section 257 of the Implementing Rules and Regulations of R.A. 7942 to enhance exploration activities in the country for sustainable development of natural resources.
: Section 257 addresses all pending applications for Mineral Production Sharing Agreement (MPSA) and Financial or Technical Assistance Agreement (FTAA) that cover forest lands and other government reservations.
: No, they are not required to re-apply for exploration permits provided that they comply with certain conditions, such as area limitations.
: The applicant/proponent is given a one-year extension from September 13, 1996, to divest or relinquish the area exceeding the maximum contract area in favor of the government.
: The Area Permission allows the holder to undertake limited exploration activities specifically in non-critical forest reserves and forest reservations and other areas under DENR jurisdiction.
: The applicant or proponent must secure necessary area clearances or written consent from concerned agencies or parties as provided by law.
: The time period granted as extension will be deducted from the life span of the MPSA/FTAA contract.
: Yes, exploration costs incurred during the extension can be included as part of pre-operating expenses for cost recovery if the FTAA is approved.
: It applies only to all FTAA/MPSA applications filed under DAO 63 prior to the effectivity of R.A. 7942 and its Implementing Rules and Regulations.