True or false

Statement I. . Exploration activities include initial reconnaissance flights and geophysical surveys, stream sediment studies and other geochemical surveys, construction of access roads, clearing of test drilling sites, installation of drill pads and drilling rigs, benching, trenching/pitting, and erection of temporary accommodation.

Statement II. The development of a mine consists of several principal activities: conducting a feasibility study, including a financial analysis to decide whether to abandon or develop the property; designing the mine; acquiring mining rights; filing an Environmental Impact Assessment (EIA); and preparing the site for production.

Statement III. Provision for restoration and rehabilitation account is one the signficant accounts in the Mining Industry.