27-1293. New exploration operation
A. Beginning January 1, 2007, the owner or operator of a new exploration operation shall furnish a financial assurance mechanism to the state mine inspector in an amount equivalent to two thousand dollars per acre of new surface disturbance, unless the inspector approves a cost estimate for an amount less than two thousand dollars per acre.
B. An owner or operator may provide a single financial assurance mechanism for all of its exploration operations conducted in this state.
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