Maximum Lease Area Allowed.
Section 43
SEC. 43. Maximum Lease Area Allowed. - The maximum area of mining claims which may be leased shall be as follows: (1) In any one province: (a) To Individuals, Five Hundred Hectares; (b) To Mining Partnerships or Corporations, Five Thousand Hectares; (2) In the entire Philippines: (a) To Individuals, One Thousand Hectares; (b) To Mining Partnerships or Corporations, Ten Thousand Hectares. The foregoing provisions of this section notwithstanding, the Director with the approval of the Secretary, may allow an applicant to lease a larger area not exceeding 10,000 hectares in any one province, depending upon the nature of the deposit, the kind of minerals located, and other circumstances inherent in the operation of the mining claim justifying the grant.