A similar situation. Without checking for details what happen was a GML (gold mining lease) which had a 21 year life span expired. A prospector pegged it and applied for it. The difference is that it was in the middle of an operating mine and although the application was perfectly legal under the act the Minister used his discression and refused the application. IMHO the Minister should have called both parties in and told them to re-peg as a joint venture and he would grant it. This way there would be no interuption to the mine and the prospector gets some reward. Like I said, things are simpler down at the Drillers level.
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