Nothing exiting but just shows we are moving right along.
DPI Visits Stockman Base Metals Project
Earth Resources personnel, including recently appointed Executive Director Mike Hollitt, visited the proposed Stockman Base Metals Project site, 20 km northeast of Omeo. The proposal includes underground mining of the Wilga and Currawong deposits, the former of which was also mined during the 1990s as part of the Benambra Project. Jabiru Metals has commenced seeking approvals for the development, which is expected to include environmental assessment via an Environment Effects Statement process. The purpose of the visit was to familiarise personnel with the proposal, its environmental context and potential development and approval issues. We should not have been surprised at how cold it was, being winter and 660 m above sea level, but some of us were wishing wed brought beanies as well as gloves! Our hosts, Ian Blucher (Approvals Manager) and Bruce Kendall (Exploration Project Manager), took us to the Stockman Project potential processing plant, tailing storage and water dam sites, the Benambra Project Wilga mine portal, processing plant and tailing storage sites, and the Snowy River. DPI personnel felt they were better informed, as a result of the site visit, to deal with issues arising during project refinement and approval processes.
JML Price at posting:
38.0¢ Sentiment: Buy Disclosure: Held