Proactive Investor: Astral Resources advances Feysville project with grant of Think Big–Rogan Josh lease
Astral Resources NL (ASX:AAR) has cleared another key regulatory hurdle at its Feysville Gold Project in Western Australia, with the grant of a new mining lease paving the way for early production planning and further de-risking of the broader Mandilla development strategy.
The company on Monday confirmed that Mining Lease M26/846 has been granted, covering the Think Big and Rogan Josh gold deposits at Feysville. The approval represents a meaningful step towards advancing what Astral has previously flagged as an early production opportunity at Think Big.
The newly granted lease sits within the Feysville Gold Project, around 14 kilometres south of Kalgoorlie and close to some of Australia’s most prolific gold operations. The approval removes a key permitting risk for two of Feysville’s defined deposits and allows the company to move forward with mine-level planning and optimisation work.
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