Navarre Minerals has received final environmental regulatory approval from the Queensland Government to commence open-pit mining at the Mt Carlton United gold-silver-copper deposit.
The mining will take place four kilometres from the Mt Carlton processing facility. This represents a significant milestone for the company, allowing us to move ahead with mining as soon as possible.
The first batch of ore from the project is expected to be delivered to the Mt Carlton processing facility in December 2022.
Mt Carlton United is anticipated to contribute to a strong production and cashflow forecast for the second half of FY23 and into FY24.
The acquisition and continued development of Mt Carlton United contributed to a 1 million gold ounce equivalent mineral resources estimate earlier this month.
Read the full announcement here: Approvals received for mining MCU gold-silver-copper deposit