Section 30, Cap 196

The Governor may require an applicant for a mmmglease to show to his satisfaction that he possesses or commands sufficient working capital to ensure the proper development and working of mining operations on the area applied for, and may require any reports on the matter made by prospectors or engineers to be submitted for his information. In the event of the applicant failing to satisfy the Governor as aforesaid, the Governor may refuse the application, but the applicant may make a new application at any time. Minerals [Cap. 196 2035