MRV Metals – a subsidiary of Moreton Resources – has been given the State Government’s approval to restart operations at the Granite Belt polymetallic project near Texas in Queensland.
The project will include the Twin Hills mine, which has key silver prospects and potentially copper, zinc and lead.
The Queensland Department of Environment and Heritage Protection (DEHP) has given an Environmental Authority (EA) to MRV which provides environmental approval to restart mining and mineral processing.
The EA will take effect once MRV receives the mining lease, which is the final approval needed for the Granite Belt project. The mining lease is expected to be awarded in the coming months.
“Whilst we still have a lot of work to do in terms of closing out funding offers, I am encouraged by the progress we have made towards realising the full potential of this compelling project and I believe that is starting to be recognised by the broader investment community.
“The Granite Belt project is not only significant for Moreton but also for the region in which it is located. As it is more likely to process, the Company is looking forward to contributing to economic development of Texas and the surrounding communities,” said Moreton Resources’ Executive Chairman Jason Elks.
Stay up to date with the latest industry news and project updates by subscribing to Felix Project News today.
Source: Australian Mining and Moreton Resources
Another major milestone has been reached by OZ Minerals’ $916 million Carrapateena copper-gold project, with the mining lease already granted by the South Australian Government. The Australian Government has also given the Environmental Protection and Biodiversity Conservation (EPBC) Act approval for the project.
Construction on the Victorian Government’s $51.5 million safety upgrade on the Princes Highway East – between Sale and Bairnsdale – is now underway.
The Queensland Government joins in on the delivery of the Emu Swamp Dam in the Granite Belt with a $13.6 million investment to get work underway on the new dam.
If you're looking to contact us about other matters, please contact us.