(f) Refusal to extend permits. The authorized officer may reject applications for extension of prospecting permits for the following reasons:
- (1) Failure to perform. Failure of the permittee to perform prospecting or exploration work without adequate justification may result in the denial of an extension; or
- (2) Failure to apply. If an application for extension is not submitted within the specified period, the permit may expire without notice to the permittee.
- (3) Public interest. If the authorized officer determines that an extension may not be in the public interest, the application may be rejected.