An exploration licence is to be in the approved form and is to include the following particulars--
(a) a description of the land over which it is granted,
(b) a list of the group or groups of minerals in respect of which it is granted,
(c) the conditions to which it is subject,
(d) the period for which it is to have effect.
Note : Schedule 1B provides for an exploration licence to be varied after it is granted.