Section 2
SEC. 2. Section 27 of Presidential Decree No. 463, as amended by Section 15 of Presidential Decree No. 1385 and Section 5 of Presidential Decree No. 1677, is further amended to read as follows: "SEC. 27. Annual Work Obligations.—The claim-owner/lessee shall submit proof of compliance with the annual work obligations by filing an affidavit therefore and the statement of expenditures and technical report in the prescribed form in support thereof with the Mines Regional Officer concerned within one hundred and twenty (120) days from the end of the year in which the work obligation is required: Provided, That failure of the claimowner to comply therewith for two (2) consecutive years shall constitute automatic abandonment of the mining claim: Provided, further, That, if it is found upon filed verification that no such work was actually done on the mining claim, the claimowner, lessee shall likewise automatically lose all his rights thereto notwithstanding submission of the aforesaid documents: Provided, finally. That the Director, in cases of unstable peace and order conditions and, or involvement in mining conflicts may grant further extensions."