Any person may make written application to the Board for an EPO in his/her favour over any defined area in Zimbabwe, including any area reserved from prospecting. On application the applicant shall pay a deposit, as gazetted from time to time (Contact to Geological Survey of Zimbabwe). If the Board is satisfied that the applicant is a fit and proper person to obtain the order and is of adequate financial standing to undertake the operations under the order; and that it would not be against the national interest to make such an order, then the Board may recommend to the Minister to make the EPO in favour of the applicant.
No EPO shall be granted for a period exceeding three years but an order may be extended by the Minister on recommendation by the Board for a further period not exceeding three years in all.
The rights granted under an order shall be personal to the authorised holder who may not cede or assign any such rights to another person. The Minister may, on the recommendation of the Mining Affairs Board and with the consent of the concession holder, which consent shall not be unreasonably withheld, authorise any person to peg and register for a mineral other than a mineral for which the concession holder is authorised to prospect.
Every concession holder shall submit for the approval of the Board, a programme of work containing particulars of the intended prospecting operations and their costs.
The concession holder shall carry out the approved programme and submit to the Board a report of the work carried out during the period covered by the programme including expenditure incurred. If the concession holder fails to submit the report, he/she is notified in writing by the Board that his/her order is liable to be revoked. If no report is received within 21 days of such notification then the Minister shall revoke the order.