Alaska Admin. Code tit. 11, § 86.312
A lease will be issued for a term of 20 years, subject to renewal as provided in AS 38.05.205(c). However, the director will, in his or her discretion, set a different term if justified on the basis of the expected mine life.
(Eff. 5/30/85, Register 94)
Authority: AS 38.05.020, AS 38.05.035, AS 38.05.205