The department may offer contracts for the mining of placer gold at public auction. Mining contracts for placer gold issued at public auction shall be for a term of five years and be nonrenewable. Payment shall be by bonus bid, if any, and an annual rental.
Wash. Admin. Code § 332-16-245
Statutory Authority: RCW 79.01.618. 87-21-007 (Order 528), § 332-16-245, filed 10/9/87.