Impact Minerals (ASX: IPT) is pleased to share the update on the mining lease lodged for the Lake Hope High Purity Alumina Project, WA.
Announcement Highlights
- Mining Lease Application (MLA 63/684) lodged over the West Lake resource.
- Miscellaneous License (L63/99) lodged to cover mine infrastructure and haulage road.
- A clear pathway to the grant of the mining lease has been established with two main focus areas going forward:
1. A negotiation protocol for Land Access and Cultural Heritage agreements with the Ngadju peoples which is under review; and
2. Further seasonal flora and fauna surveys. - Mining studies are underway as part of the Pre-Feasibility Study to provide mining schedules, proposed equipment, site logistics and costs of mining and transport of ore to Kwinana.
Impact Minerals' Managing Director Dr Mike Jones commented:
"We are very pleased to have lodged Impact's first-ever mining lease, a major step in our goal to bring the Lake Hope High Purity Alumina project into production. The application covers West Lake and sufficient material for at least the first 15 years of our proposed production. It also offers a more direct haulage route to the Norseman-Hyden road than existing tracks, potentially saving millions of dollars in road construction costs. "
Read the full Impact Minerals Company Update here.
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