Greatland and its partner, Newcrest Mining, have received the go-ahead to commence key early works activities at the Havieron Project for a box cut and exploration decline.
The approvals also permit the construction of supporting surface infrastructure, including evaporation ponds, an explosives magazine, maintenance workshops, fuel facilities, an administration building and a laydown area.
Further approvals and permits are required to commence the development of any operating underground mine and associated infrastructure at the Havieron Project. In addition, the development of any underground mine at the Havieron Project will also be subject to further studies, board approvals and a positive decision to mine, Greatland said.
Greatland shares, among this year’s star performers, dipped 0.6% to 37.13p this morning.